Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.23.1
EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2023
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, 2023 and 2022 was as follows:
Three Months Ended March 31,
(dollar amounts in millions, except per share data, share count in thousands) 2023 2022
Basic earnings per common share:
Net income attributable to Huntington $ 602  $ 460 
Preferred stock dividends 29  28 
Net income available to common shareholders $ 573  $ 432 
Average common shares issued and outstanding 1,443,268  1,438,427 
Basic earnings per common share $ 0.40  $ 0.30 
Diluted earnings per common share:
Dilutive potential common shares:
Stock options and restricted stock units and awards 19,613  19,629 
Shares held in deferred compensation plans 6,398  6,271 
Dilutive potential common shares 26,011  25,900 
Total diluted average common shares issued and outstanding 1,469,279  1,464,327 
Diluted earnings per common share $ 0.39  $ 0.29 
Anti-dilutive awards (1) 9,344  2,148 
(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.