Company: HBAN
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000049196-25-000079
Chunk: 273

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-10-28
Form: 10-Q
Item: Part II, Item 8
Chunk 273
---
1,406.25 7 1,406.25 7 4,218.75 21 4,218.75 21 Series G1,112.50 6 1,112.50 6 3,337.50 17 3,337.50 17 Series H11.25 6 11.25 5 33.75 17 33.75 17 Series I356.25 2 356.25 2 1,068.75 7 1,068.75 7 Series J 17.19 6 17.19 6 51.57 17 51.57 17 Series K (2)— — — — Total$27 $36 $81 $107 (1)     During the fourth quarter of 2024, all remaining $405 million of outstanding Series E Preferred Stock, par value of $0.01 per share, was redeemed.

(2)    Series K was issued during the third quarter of 2025. The first dividend declaration for the Series K begins in the fourth quarter of 2025. 

66     Huntington Bancshares Incorporated

11. EARNINGS PER SHARE

Basic earnings per share is the amount of earnings (adjusted for preferred stock dividends and the impact of preferred stock repurchases and redemptions) 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, performance share units, and shares held in 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 following table shows the calculation of basic and diluted earnings per share.Three Months EndedNine Months Ended(dollar amounts in millions, except per share data, share count in thousands)September 30, 2025September 30, 2024September 30, 2025September 30, 2024Basic earnings per common share:Net income attributable to Huntington$629 $517 $1,692 $1,410 Dividends on preferred shares27 36 81 107 Net income available to common shareholders$602