Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.24.1.u1
EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Basic and diluted earnings per share
The calculation of basic and diluted earnings per share was as follows:
Three Months Ended
(dollar amounts in millions, except per share data, share count in thousands) March 31, 2024 March 31, 2023
Basic earnings per common share:
Net income attributable to Huntington $ 419  $ 602 
Preferred stock dividends 36  29 
Net income available to common shareholders $ 383  $ 573 
Average common shares issued and outstanding 1,448,492  1,443,268 
Basic earnings per common share $ 0.26  $ 0.40 
Diluted earnings per common share:
Average dilutive potential common shares:
Stock options and restricted stock units and awards 17,396  19,613 
Shares held in deferred compensation plans 7,447  6,398 
Average dilutive potential common shares 24,843  26,011 
Total diluted average common shares issued and outstanding 1,473,335  1,469,279 
Diluted earnings per common share $ 0.26  $ 0.39 
Anti-dilutive awards (1) 9,794  9,344 
(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.