v3.26.1
Organization and Basis of Presentation (Tables)
6 Months Ended
Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Error Corrections and Prior Period Adjustments The following tables present the effects of the change in presentation within the consolidated statements of operations:
Three Months Ended
June 30, 2025
(Amounts in thousands)
As Previously Reported
Adjustment
As Adjusted
Non-interest expenses
Compensation and benefits$258,216 $— $258,216 
Occupancy and equipment17,442 — 17,442 
Outside services
16,789 4,131 20,920 
Communications14,255 689 14,944 
Marketing and business development11,813 2,056 13,869 
Deal-related expenses11,746 (11,746)— 
Trade execution and clearance4,701 — 4,701 
Restructuring and integration costs
4,998 — 4,998 
Intangible asset amortization2,147 — 2,147 
Other operating expenses5,747 4,870 10,617 
Total non-interest expenses$347,854 $— $347,854 
Six Months Ended
June 30, 2025
(Amounts in thousands)
As Previously Reported
Adjustment
As Adjusted
Non-interest expenses
Compensation and benefits$506,673 $— $506,673 
Occupancy and equipment35,669 — 35,669 
Outside services
31,507 4,884 36,391 
Communications29,034 1,351 30,385 
Marketing and business development25,287 3,455 28,742 
Deal-related expenses17,208 (17,208)— 
Trade execution and clearance9,875 — 9,875 
Restructuring and integration costs
4,998 — 4,998 
Intangible asset amortization4,223 — 4,223 
Other operating expenses11,219 7,518 18,737 
Total non-interest expenses$675,693 $— $675,693