Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.21.2
EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Basic and diluted earnings loss per share
The calculation of basic and diluted earnings per share for the three-month and nine-month periods ended September 30, 2021 and 2020 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) 2021 2020 2021 2020
Basic earnings per common share:
Net income attributable to Huntington Bancshares Inc $ 377  $ 303  $ 894  $ 501 
Preferred stock dividends 29  28  103  65 
Impact of preferred stock redemption 15  —  15  — 
Net income available to common shareholders $ 333  $ 275  $ 776  $ 436 
Average common shares issued and outstanding 1,462,736  1,017,253  1,201,763  1,017,052 
Basic earnings per common share $ 0.23  $ 0.27  $ 0.65  $ 0.43 
Diluted earnings per common share:
Dilutive potential common shares:
Stock options and restricted stock units and awards 17,536  9,005  17,623  9,628 
Shares held in deferred compensation plans 7,063  5,202  6,042  4,893 
Dilutive potential common shares 24,599  14,207  23,665  14,521 
Total diluted average common shares issued and outstanding 1,487,335  1,031,460  1,225,428  1,031,573 
Diluted earnings per common share $ 0.22  $ 0.27  $ 0.63  $ 0.42 
Anti-dilutive awards (1) 4,609  13,954  4,410  12,420 
(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.