Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.22.2.2
EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Basic and diluted earnings per share
The calculation of basic and diluted earnings per share for the three-month and nine-month periods ended September 30, 2022 and 2021 was as follows:
Three Months Ended
September 30,		 Nine Months Ended
September 30,
(dollar amounts in millions, except per share data, share count in thousands) 2022 2021 2022 2021
Basic earnings per common share:
Net income attributable to Huntington Bancshares Inc $ 594  $ 377  $ 1,593  $ 894 
Preferred stock dividends 29  29  85  103 
Impact of preferred stock redemption —  15  —  15 
Net income available to common shareholders $ 565  $ 333  $ 1,508  $ 776 
Average common shares issued and outstanding 1,442,591  1,462,736  1,440,740  1,201,763 
Basic earnings per common share $ 0.39  $ 0.23  $ 1.05  $ 0.65 
Diluted earnings per common share:
Dilutive potential common shares:
Stock options and restricted stock units and awards 16,064  17,536  17,078  17,623 
Shares held in deferred compensation plans 6,428  7,063  6,416  6,042 
Dilutive potential common shares 22,492  24,599  23,494  23,665 
Total diluted average common shares issued and outstanding 1,465,083  1,487,335  1,464,234  1,225,428 
Diluted earnings per common share $ 0.39  $ 0.22  $ 1.03  $ 0.63 
Anti-dilutive awards (1) 7,121  4,609  5,565  4,410 
(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.