HUNTINGTON BANCSHARES INC /MD/ Earnings Per Share Disclosure
| Year Ended December 31, | |||||||||||||||||
| (dollar amounts in millions, except per share data, share count in thousands) | 2025 | 2024 | 2023 | ||||||||||||||
| Basic earnings per common share: | |||||||||||||||||
| Net income attributable to Huntington | $ | 2,211 | $ | 1,940 | $ | 1,951 | |||||||||||
| Dividends on preferred shares | 124 | 134 | 142 | ||||||||||||||
| Impact of preferred stock redemptions and repurchases | — | 5 | (8) | ||||||||||||||
| Net income available to common shareholders | $ | 2,087 | $ | 1,801 | $ | 1,817 | |||||||||||
| Average common shares issued and outstanding | 1,478,945 | 1,451,421 | 1,446,449 | ||||||||||||||
| Basic earnings per common share | $ | 1.41 | $ | 1.24 | $ | 1.26 | |||||||||||
| Diluted earnings per common share: | |||||||||||||||||
| Average dilutive potential common shares: | |||||||||||||||||
| Stock options, restricted stock units and awards, and performance share units | 18,829 | 17,669 | 14,456 | ||||||||||||||
| Shares held in deferred compensation plans | 7,062 | 7,352 | 7,111 | ||||||||||||||
| Average dilutive potential common shares | 25,891 | 25,021 | 21,567 | ||||||||||||||
| Total diluted average common shares issued and outstanding | 1,504,836 | 1,476,442 | 1,468,016 | ||||||||||||||
| Diluted earnings per common share | $ | 1.39 | $ | 1.22 | $ | 1.24 | |||||||||||
| Anti-dilutive awards (1) | 1,743 | 4,534 | 11,039 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 13, 2026 | Showing above |
| 2024 | Feb 14, 2025 | |
| 2023 | Feb 16, 2024 | |
| 2022 | Feb 17, 2023 | |
| 2021 | Feb 18, 2022 | |
| 2020 | Feb 26, 2021 | |
| 2019 | Feb 14, 2020 | |
| 2018 | Feb 15, 2019 | |
| 2017 | Feb 16, 2018 | |
| 2016 | Feb 22, 2017 | |
| 2015 | Feb 17, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.