v3.26.1
UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Unallocated Common Stock Held by ESOP
Beginning balance (in shares) at Dec. 31, 2024   213,909,472        
Beginning Balance at Dec. 31, 2024 $ 3,611,967 $ 2,141 $ 2,237,494 $ 2,084,503 $ (584,329) $ (127,842)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Dividends to common shareholders [1] (24,230)     (24,230)    
Repurchased common stock (in shares)   (2,875,530)        
Repurchased common stock (48,657) $ (28) (48,629)      
Restricted share awards cancelled (in shares) [2]   (10,435)        
Restricted share awards cancelled [2] (139) $ (2) (137)      
Issuance of common stock under share-based compensation arrangements (in shares) [3]   536,670        
Issuance of common stock under share-based compensation arrangements [3] (5,836) $ 5 (5,841)      
Share-based compensation 4,752   4,752      
Net income (loss) (217,666)     (217,666)    
Other comprehensive income (loss), net of tax 260,550       260,550  
ESOP shares committed to be released 2,193   913     1,280
Ending balance (in shares) at Mar. 31, 2025   211,560,177        
Ending balance at Mar. 31, 2025 $ 3,582,934 $ 2,116 2,188,552 1,842,607 (323,779) (126,562)
Beginning balance (in shares) at Dec. 31, 2025 235,646,558 235,646,558        
Beginning Balance at Dec. 31, 2025 $ 4,340,553 $ 2,356 2,621,029 2,067,327 (227,363) (122,796)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Dividends to common shareholders [1] (28,926)     (28,926)    
Repurchased common stock (in shares)   (3,883,466)        
Repurchased common stock (75,505) $ (39) (75,466)      
Restricted share awards cancelled (in shares) [2]   (5,507)        
Restricted share awards cancelled [2] (119)   (119)      
Issuance of common stock under share-based compensation arrangements (in shares) [3]   353,758        
Issuance of common stock under share-based compensation arrangements [3] (3,989) $ 4 (3,993)      
Share-based compensation 4,158   4,158      
Stock options exercised (in shares)   180,876        
Stock options exercised 2,421 $ 2 2,419      
Net income (loss) 65,262     65,262    
Other comprehensive income (loss), net of tax (20,485)       (20,485)  
ESOP shares committed to be released $ 2,610   1,341     1,269
Ending balance (in shares) at Mar. 31, 2026 232,292,219 232,292,219        
Ending balance at Mar. 31, 2026 $ 4,285,980 $ 2,323 $ 2,549,369 $ 2,103,663 $ (247,848) $ (121,527)
[1] The Company declared quarterly cash dividends of $0.13 and $0.12 per share of common stock during the three months ended March 31, 2026 and 2025, respectively.
[2] Represents restricted stock awards (“RSAs”) cancelled upon vesting for employee payroll tax withholding and upon forfeiture.
[3] Represents shares issued, net of employee tax withheld, upon the vesting of restricted stock units. Refer to Note 9, “Employee Benefits” for additional discussion.