Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.21.2
EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Basic and diluted earnings loss per share
The calculation of basic and diluted (loss) earnings per share for the three-month and six-month periods ended June 30, 2021 and 2020 was as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
(dollar amounts in millions, except per share data, share count in thousands) 2021 2020 2021 2020
Basic earnings per common share:
Net (loss) income attributable to Huntington Bancshares Inc $ (15) $ 150  $ 517  $ 198 
Preferred stock dividends 43  19  74  37 
Net (loss) income available to common shareholders $ (58) $ 131  $ 443  $ 161 
Average common shares issued and outstanding 1,125,039  1,016,259  1,071,276  1,016,951 
Basic (loss) earnings per common share $ (0.05) $ 0.13  $ 0.41  $ 0.16 
Diluted earnings per common share:
Dilutive potential common shares:
Stock options and restricted stock units and awards —  7,516  17,667  9,939 
Shares held in deferred compensation plans —  4,908  5,531  4,739 
Dilutive potential common shares —  12,424  23,198  14,678 
Total diluted average common shares issued and outstanding 1,125,039  1,028,683  1,094,474  1,031,629 
Diluted (loss) earnings per common share $ (0.05) $ 0.13  $ 0.40  $ 0.16 
Anti-dilutive awards (1) 26,895  17,200  2,738  12,291 
(1)Reflects the total number of shares related to outstanding options and awards that have been excluded from the computation of diluted earnings per share because the impact would have been anti-dilutive.