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EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic earnings per share is the amount of earnings (adjusted for dividends declared on preferred stock and impact of preferred stock redemption) available to each share of common stock outstanding during the reporting period. Diluted earnings per share is the amount of earnings available to each share of common stock outstanding during the reporting period adjusted to include the effect of potentially dilutive common shares. Potentially dilutive common shares include incremental shares issued for stock options, restricted stock units and awards, and distributions from deferred compensation plans. Potentially dilutive common shares are excluded from the computation of diluted earnings per share in periods in which the effect would be antidilutive.
The calculation of basic and diluted earnings per share for the years ended December 31, 2021, 2020, and 2019:
Year Ended December 31,
(dollar amounts in millions, except per share data, share count in thousands)202120202019
Basic earnings per common share:
Net income attributable to Huntington Bancshares Inc$1,295 $817 $1,411 
Dividends on preferred shares131 100 74 
Impact of preferred stock redemption11 — — 
Net income available to common shares$1,153 $717 $1,337 
Average common shares issued and outstanding 1,262,435 1,017,117 1,038,840 
Basic earnings per common share$0.91 $0.71 $1.29 
Diluted earnings per common share:
Dilutive potential common shares
Stock options and restricted stock units and awards18,185 10,613 12,994 
Shares held in deferred compensation plans6,113 4,953 4,245 
Dilutive potential common shares24,298 15,566 17,239 
Total diluted average common shares issued and outstanding1,286,733 1,032,683 1,056,079 
Diluted earnings per common share$0.90 $0.69 $1.27 
Anti-dilutive awards (1)2,674 9,760 5,253 
(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.