Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Shareholders' Equity

v3.21.2
Condensed Consolidated Statements of Changes in Shareholders' Equity - USD ($)
shares in Thousands, $ in Thousands
Total
6.250% Series D Non-Cumulative, perpetual preferred stock
Cumulative Effect, Period of Adoption, Adjustment
Preferred Stock
Preferred Stock
Series I Preferred Stock
Preferred Stock
6.250% Series D Non-Cumulative, perpetual preferred stock
Common Stock-Par Value $0.01 per share
Common Stock-Par Value $0.01 per share
Common Stock-Par Value $0.01 per share
Capital Surplus
Capital Surplus
Series I Preferred Stock
Capital Surplus
Common Stock-Par Value $0.01 per share
Treasury Stock
Treasury Stock
Common Stock-Par Value $0.01 per share
Accumulated Other Comprehensive Gain (Loss)
Retained Earnings
Retained Earnings
Series I Preferred Stock
Retained Earnings
6.250% Series D Non-Cumulative, perpetual preferred stock
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Total
Total
6.250% Series D Non-Cumulative, perpetual preferred stock
Total
Cumulative Effect, Period of Adoption, Adjustment
Noncontrolling Interest
Balance, beginning of period at Dec. 31, 2019 $ 11,795,000     $ 1,203,000     $ 10,000   $ 8,806,000     $ (56,000)   $ (256,000) $ 2,088,000       $ 11,795,000     $ 0
Balance, beginning of period (ASU 2016-13) at Dec. 31, 2019     $ (306,000)                             $ (306,000)     $ (306,000)  
Balance, beginning of period (in shares) at Dec. 31, 2019             1,024,541         (4,537)                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net income attributable to Huntington Bancshares Inc 501,000                           501,000       501,000      
Other comprehensive income, net of tax 513,000                         513,000         513,000      
Net proceeds from issuance of Preferred Stock 988,000     988,000                             988,000      
Repurchases of common stock (in shares)             (7,088)                              
Issuance of Series C preferred stock (88,000)           $ 0   (88,000)                   (88,000)      
Cash dividends declared:                                            
Common (466,000)                           (466,000)       (466,000)      
Preferred (65,000)                           (65,000) $ 0 $ (29,000)   (65,000)      
Recognition of the fair value of share-based compensation 60,000               60,000                   60,000      
Other share-based compensation activity (in shares)             4,924                              
Other share-based compensation activity (12,000)           $ 0   (12,000)           0       (12,000)      
Other (in shares)                     (529)                    
Other (3,000)             0     $ (3,000)     0       (3,000)      
Balance, end of period at Sep. 30, 2020 12,917,000     2,191,000     $ 10,000   8,766,000     $ (59,000)   257,000 1,752,000       12,917,000     0
Balance, end of period (in shares) at Sep. 30, 2020             1,022,377         (5,066)                    
Cash dividends declared:                                            
Income after income taxes 501,000                                          
Income attributable to non-controlling interest 0                                          
Balance, beginning of period at Jun. 30, 2020 12,314,000     1,697,000     $ 10,000   8,743,000     $ (59,000)   290,000 1,633,000       12,314,000     0
Balance, beginning of period (in shares) at Jun. 30, 2020             1,022,309         (4,999)                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net income attributable to Huntington Bancshares Inc 303,000                           303,000       303,000      
Other comprehensive income, net of tax (33,000)                         (33,000)         (33,000)      
Net proceeds from issuance of Preferred Stock 494,000     494,000                             494,000      
Cash dividends declared:                                            
Common (156,000)                           (156,000)       (156,000)      
Preferred (28,000)                           (28,000) 0 (10,000)   (28,000)      
Recognition of the fair value of share-based compensation 21,000               21,000                   21,000      
Other share-based compensation activity (in shares)             68                              
Other share-based compensation activity 2,000           $ 0   2,000           0       2,000      
Other (in shares)                       (67)                    
Other 0                     $ 0           0      
Balance, end of period at Sep. 30, 2020 12,917,000     2,191,000     $ 10,000   8,766,000     $ (59,000)   257,000 1,752,000       12,917,000     0
Balance, end of period (in shares) at Sep. 30, 2020             1,022,377         (5,066)                    
Cash dividends declared:                                            
Income after income taxes 303,000                                          
Income attributable to non-controlling interest 0                                          
Balance, beginning of period at Dec. 31, 2020 12,993,000     2,191,000     $ 10,000   8,781,000     $ (59,000)   192,000 1,878,000       12,993,000     0
Balance, beginning of period (in shares) at Dec. 31, 2020             1,022,258         (5,062)                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net income attributable to Huntington Bancshares Inc 894,000                           894,000       894,000      
Other comprehensive income, net of tax (317,000)                         (317,000)         (317,000)      
Stock Issued During Period, Shares, Acquisitions               458,171                            
Stock Issued During Period, Value, Acquisitions 6,961,000       $ 175,000     $ 5,000   $ 10,000 $ 6,993,000   $ (37,000)           6,961,000      
Stock Issued During Period, Value, Other 185,000                                   185,000      
Net proceeds from issuance of Preferred Stock 486,000     486,000                             486,000      
Repurchases of common stock (in shares)             (33,409)                              
Issuance of Series C preferred stock (500,000) $ (600,000)       $ (585,000) $ 0   (500,000)               (15,000)   (500,000) $ (600,000)    
Cash dividends declared:                                            
Common (601,000)                           (601,000)       (601,000)      
Preferred (103,000)                           (103,000) (5,000) (18,000)   (103,000)      
Recognition of the fair value of share-based compensation 97,000               97,000                   97,000      
Other share-based compensation activity (in shares)             5,747                              
Other share-based compensation activity (31,000)           $ 0   (31,000)           0       (31,000)      
Other (in shares)                       1,244                    
Other 12,000               0     $ 17,000   0 (2,000)       15,000     (3,000)
Balance, end of period at Sep. 30, 2021 19,499,000     2,267,000     $ 15,000   15,350,000     $ (79,000)   (125,000) 2,051,000       19,479,000     20,000
Balance, end of period (in shares) at Sep. 30, 2021             1,452,767         (6,306)                    
Cash dividends declared:                                            
Income after income taxes 895,000                                          
Noncontrolling Interest, Increase from Business Combination 22,000                                         22,000
Income attributable to non-controlling interest 1,000                                          
Balance, beginning of period at Jun. 30, 2021 20,531,000     2,851,000     $ 15,000   15,830,000     $ (105,000)   (19,000) 1,939,000       20,511,000     20,000
Balance, beginning of period (in shares) at Jun. 30, 2021             1,484,614         (8,056)                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net income attributable to Huntington Bancshares Inc 377,000                           377,000       377,000      
Other comprehensive income, net of tax $ (106,000)                         (106,000)         (106,000)      
Repurchases of common stock (in shares) (33,400)           (33,409)                              
Issuance of Series C preferred stock $ (500,000) $ (600,000)       $ (585,000) $ 0   (500,000)               (15,000)   (500,000) $ (600,000)    
Cash dividends declared:                                            
Common (221,000)                           (221,000)       (221,000)      
Preferred (29,000)                           (29,000) $ (2,000) $ 0   (29,000)      
Recognition of the fair value of share-based compensation 32,000               32,000                   32,000      
Other share-based compensation activity (in shares)             1,562                              
Other share-based compensation activity (12,000)           $ 0   (12,000)           0       (12,000)      
Other (in shares)                       1,750                    
Other 26,000                     $ 26,000     0       27,000     (1,000)
Balance, end of period at Sep. 30, 2021 19,499,000     $ 2,267,000     $ 15,000   $ 15,350,000     $ (79,000)   $ (125,000) $ 2,051,000       $ 19,479,000     $ 20,000
Balance, end of period (in shares) at Sep. 30, 2021             1,452,767         (6,306)                    
Cash dividends declared:                                            
Income after income taxes 378,000                                          
Income attributable to non-controlling interest $ 1,000