v3.25.1
Net income per common share
 3 Months Ended
Mar. 31, 2025
Earnings Per Share  
Net Income (Loss) Per Common Share
Note 25 – Net income per common share
The following
 
table sets
 
forth the
 
computation of
 
net income
 
per common
 
share (“EPS”),
 
basic and
 
diluted, for
 
the quarters
 
ended
March 31, 2025 and 2024:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Quarters ended March 31,
(In thousands, except per share information)
2025
2024
Net income
$
177,502
$
103,283
Preferred stock dividends
(353)
(353)
Net income applicable to common stock
$
177,149
$
102,930
Average common shares outstanding
69,280,137
71,869,735
Average potential dilutive common shares
 
27,544
97,068
Average common shares outstanding - assuming dilution
69,307,681
71,966,803
Basic EPS
$
2.56
$
1.43
Diluted EPS
$
2.56
$
1.43
For the quarters
 
ended March 31,
 
2025 and 2024,
 
the Corporation calculated
 
the impact of potential
 
dilutive common shares
 
under
the
 
treasury
 
stock
 
method,
 
consistent
 
with
 
the
 
method
 
used
 
for
 
the
 
preparation
 
of
 
the
 
financial
 
statements
 
for
 
the
 
year
 
ended
December
 
31,
 
2024.
 
For
 
a
 
discussion
 
of
 
the
 
calculation
 
under
 
the
 
treasury
 
stock
 
method,
 
refer
 
to
 
Note
 
30
 
of
 
the
 
Consolidated
Financial Statements included in the 2024 Form 10-K.