Basic earnings per common share is calculated by dividing net income available to common shareholders by the weighted average number of shares of common stock outstanding net of unvested shares of restricted stock.

Diluted earnings per common share is calculated by dividing net income available to common shareholders by the weighted average number of shares of common stock outstanding, adjusted for the dilutive effect of potential common shares issuable for restricted shares, as calculated using the treasury stock method. Adjustments to the weighted average number of shares of common stock outstanding are made only when such adjustments dilute earnings per common share.

The following table sets forth the computation of basic and diluted earnings per common share:


	Three Months Ended March 31,
(dollars in millions, except per share data)		2026		2025
Net income		$	137	$	117
Basic weighted average common shares outstanding		359,490,102		361,725,530
Net effect of dilutive stock options and restricted stock		744,505		1,343,074
Diluted weighted average common shares outstanding		360,234,607		363,068,604
Earnings per common share:
Basic		$	0.38	$	0.32
Diluted		$	0.38	$	0.32