Quarterly report [Sections 13 or 15(d)]

EARNINGS PER SHARE (Tables)

v3.25.1
EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Reconciliation of the Denominators of the Basic and Diluted EPS Computations

The following table presents basic and diluted EPS calculations for the three months ended March 31, (dollars in thousands except per share data):

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​

​

​

​

​

​

​

​

Three Months Ended

​

​

March 31, 

​

​

2025

​

2024

Net Income

​

​

​

​

​

​

Net Income

​

$

49,818

​

$

49,769

Less: Preferred Stock Dividends

​

​

2,967

​

​

2,967

Net income available to common shareholders

​

$

46,851

​

$

46,802

​

​

​

​

​

​

​

Weighted average shares outstanding, basic

​

 

89,222

​

 

75,197

Dilutive effect of stock awards and forward equity sales agreement

​

 

851

​

 

—

Weighted average shares outstanding, diluted

​

 

90,073

​

 

75,197

​

​

​

​

​

​

​

Earnings per common share, basic

​

$

0.53

​

$

0.62

Earnings per common share, diluted

​

$

0.52

​

$

0.62

​