v3.26.1
Consolidated Statement of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest income    
Loans $ 1,994,000 $ 2,006,000
Investment securities 393,000 336,000
Deposits at banks 149,000 218,000
Total interest income 2,536,000 2,560,000
Interest expense    
Savings and interest-checking deposits 483,000 552,000
Time deposits 97,000 124,000
Short-term borrowings 54,000 32,000
Long-term borrowings 150,000 157,000
Total interest expense 784,000 865,000
Net interest income 1,752,000 1,695,000
Provision for credit losses 140,000 130,000
Net interest income after provision for credit losses 1,612,000 1,565,000
Other income    
Mortgage banking revenues 127,000 118,000
Service charges on deposit accounts 139,000 133,000
Trust income 183,000 177,000
Brokerage services income 35,000 32,000
Trading account and other non-hedging derivative gains 14,000 9,000
Gain (loss) on bank investment securities 4,000 0
Other revenues from operations 187,000 142,000
Total other income 689,000 611,000
Other expense    
Salaries and employee benefits 914,000 887,000
Equipment and net occupancy 133,000 132,000
Outside data processing and software 144,000 136,000
Professional and other services 93,000 84,000
FDIC assessments 23,000 23,000
Advertising and marketing 21,000 22,000
Amortization of core deposit and other intangible assets 9,000 13,000
Other costs of operations 101,000 118,000
Total other expense 1,438,000 1,415,000
Income before taxes 863,000 761,000
Income taxes 199,000 177,000
Net income 664,000 584,000
Net income available to common shareholders    
Basic 620,000 547,000
Diluted $ 620,000 $ 547,000
Net income per common share    
Basic (in USD per share) $ 4.16 $ 3.33
Diluted (in USD per share) $ 4.13 $ 3.32
Average common shares outstanding    
Basic (in shares) 149,225 164,209
Diluted (in shares) 150,109 165,047