Quarterly report [Sections 13 or 15(d)]

EARNINGS PER SHARE (Tables)

v3.25.3
EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 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 and nine months ended September 30, (dollars in thousands except per share data):

Three Months Ended

Nine Months Ended

2025

2024

2025

2024

Net Income

Net Income

$

92,140

$

76,415

$

161,749

$

151,346

Less: Preferred Stock Dividends

2,967

2,967

8,901

8,901

Net income available to common shareholders

$

89,173

$

73,448

$

152,848

$

142,445

Weighted average shares outstanding, basic

 

141,729

 

89,781

 

124,403

 

84,933

Dilutive effect of stock awards and forward equity sale agreements

 

257

 

 

392

 

Weighted average shares outstanding, diluted

 

141,986

 

89,781

 

124,795

 

84,933

Earnings per common share, basic

$

0.63

$

0.82

$

1.23

$

1.68

Earnings per common share, diluted

$

0.63

$

0.82

$

1.22

$

1.68