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Earnings Per Common Share
 12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Earnings Per Common Share EARNINGS PER COMMON SHARE
The following table sets forth the computation of the basic and diluted earnings per common share:

Earnings per Common Share
dollars in millions, except per share data
Year ended December 31
202220212020
Net income$1,098 $547 $492 
Preferred stock dividends50 18 14 
Net income available to common stockholders$1,048 $529 $478 
Weighted average common shares outstanding
Basic shares outstanding15,531,924 9,816,405 10,056,654 
Stock-based awards18,020 — — 
Diluted shares outstanding15,549,944 9,816,405 10,056,654 
Earnings per common share
Basic$67.47 $53.88 $47.50 
Diluted$67.40 $53.88 $47.50 
BancShares RSUs are discussed in Note 22 — Employee Benefit Plans.