Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.24.3
EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 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 Nine Months Ended
(dollar amounts in millions, except per share data, share count in thousands) September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023
Basic earnings per common share:
Net income attributable to Huntington $ 517  $ 547  $ 1,410  $ 1,708 
Preferred stock dividends 36  37  107  106 
Net income available to common shareholders $ 481  $ 510  $ 1,303  $ 1,602 
Average common shares issued and outstanding 1,452,682  1,447,993  1,450,794  1,445,878 
Basic earnings per common share $ 0.33  $ 0.35  $ 0.90  $ 1.11 
Diluted earnings per common share:
Average dilutive potential common shares:
Stock options and restricted stock units and awards 17,061  12,183  16,622  14,670 
Shares held in deferred compensation plans 7,239  7,435  7,443  6,989 
Average dilutive potential common shares 24,300  19,618  24,065  21,659 
Total diluted average common shares issued and outstanding 1,476,982  1,467,611  1,474,859  1,467,537 
Diluted earnings per common share $ 0.33  $ 0.35  $ 0.88  $ 1.09 
Anti-dilutive awards (1) 4,253  11,736  7,002  11,188 
(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.