Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.22.1
EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Basic and diluted earnings per share
The calculation of basic and diluted earnings per share for the three-month periods ended March 31, 2022 and 2021 was as follows:
Three Months Ended
March 31,
(dollar amounts in millions, except per share data, share count in thousands) 2022 2021
Basic earnings per common share:
Net income attributable to Huntington Bancshares Inc $ 460  $ 532 
Preferred stock dividends 28  31 
Net income available to common shareholders $ 432  $ 501 
Average common shares issued and outstanding 1,438,427  1,017,512 
Basic earnings per common share $ 0.30  $ 0.49 
Diluted earnings per common share:
Dilutive potential common shares:
Stock options and restricted stock units and awards 19,629  18,397 
Shares held in deferred compensation plans 6,271  5,094 
Dilutive potential common shares 25,900  23,491 
Total diluted average common shares issued and outstanding 1,464,327  1,041,003 
Diluted earnings per common share $ 0.29  $ 0.48 
Anti-dilutive awards (1) 2,148  1,666 
(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.