Company: HBAN
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000049196-25-000038
Chunk: 176

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 8
Chunk 176
---
 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 following table shows the calculation of basic and diluted earnings per share.Three Months Ended(dollar amounts in millions, except per share data, share count in thousands)March 31, 2025March 31, 2024Basic earnings per common share:Net income attributable to Huntington$527 $419 Dividends on preferred shares27 36 Net income available to common shareholders$500 $383 Average common shares issued and outstanding1,454,498 1,448,492 Basic earnings per common share$0.34 $0.26 Diluted earnings per common share:Average dilutive potential common shares:Stock options, restricted stock units, and performance share units20,340 17,396 Shares held in deferred compensation plans7,041 7,447 Average dilutive potential common shares27,381 24,843 Total diluted average common shares issued and outstanding1,481,879 1,473,335 Diluted earnings per common share$0.34 $0.26 Anti-dilutive awards (1)3,486 9,794 (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.

2025 1Q Form 10-Q     61

11. REVENUE FROM CONTRACTS WITH CUSTOMERS 

Revenue is segregated based on the nature of product and services offered as part of contractual arrangements. Certain sources of revenue are recognized within interest or fee income and are outside of the scope of ASC Topic 606, Revenue from Contracts with Customers (“ASC 606”). Other sources of revenue fall within the scope of ASC 606 and are generally recognized within noninterest income. The following table presents total noninterest income disaggregated by operating segment and segregated between revenue with contracts with customers within the scope of ASC 606 and revenue within the scope of other GAAP topics.(dollar amounts in millions)Consumer & Regional BankingCommercial BankingTreasury / OtherHuntington ConsolidatedMajor Revenue StreamsThree months ended March 31, 2025Payments and cash management revenue$108 $32 $— $140 Wealth and asset management revenue95 6 — 101 Customer deposit and loan fees52 2 —