Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v3.22.0.1
EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Basic and diluted earnings loss per share
The calculation of basic and diluted earnings per share for the years ended December 31, 2021, 2020, and 2019:
Year Ended December 31,
(dollar amounts in millions, except per share data, share count in thousands) 2021 2020 2019
Basic earnings per common share:
Net income attributable to Huntington Bancshares Inc $ 1,295  $ 817  $ 1,411 
Dividends on preferred shares 131  100  74 
Impact of preferred stock redemption 11  —  — 
Net income available to common shares $ 1,153  $ 717  $ 1,337 
Average common shares issued and outstanding 1,262,435  1,017,117  1,038,840 
Basic earnings per common share $ 0.91  $ 0.71  $ 1.29 
Diluted earnings per common share:
Dilutive potential common shares
Stock options and restricted stock units and awards 18,185  10,613  12,994 
Shares held in deferred compensation plans 6,113  4,953  4,245 
Dilutive potential common shares 24,298  15,566  17,239 
Total diluted average common shares issued and outstanding 1,286,733  1,032,683  1,056,079 
Diluted earnings per common share $ 0.90  $ 0.69  $ 1.27 
Anti-dilutive awards (1) 2,674  9,760  5,253 
(1)Reflects the total number of shares related to outstanding options that have been excluded from the computation of diluted earnings per share because the impact would have been anti-dilutive.