Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.22.2
EARNINGS PER SHARE (Tables)
 6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Basic and diluted earnings per share
The calculation of basic and diluted earnings per share for the three-month and six-month periods ended June 30, 2022 and 2021 was as follows:
Three Months Ended
June 30,		 Six Months Ended
June 30,
(dollar amounts in millions, except per share data, share count in thousands) 2022 2021 2022 2021
Basic earnings per common share:
Net income attributable to Huntington Bancshares Inc $ 539  $ (15) $ 999  $ 517 
Preferred stock dividends 28  43  56  74 
Net income available to common shareholders $ 511  $ (58) $ 943  $ 443 
Average common shares issued and outstanding 1,441,200  1,125,039  1,439,814  1,071,276 
Basic earnings per common share $ 0.35  $ (0.05) $ 0.65  $ 0.41 
Diluted earnings per common share:
Dilutive potential common shares:
Stock options and restricted stock units and awards 15,545  —  17,587  17,667 
Shares held in deferred compensation plans 6,548  —  6,409  5,531 
Dilutive potential common shares 22,093  —  23,996  23,198 
Total diluted average common shares issued and outstanding 1,463,293  1,125,039  1,463,810  1,094,474 
Diluted earnings per common share $ 0.35  $ (0.05) $ 0.64  $ 0.40 
Anti-dilutive awards (1) 11,550  26,895  6,333  2,738 
(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.