v3.26.1
Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Computation of Earnings Per Common Share

A summary of the information used in the computation of earnings per common share follows.

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

($ in thousands, except per share data)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income to common shareholders

 

$

126,961

 

 

$

113,531

 

 

$

174,383

 

 

$

233,035

 

Net income allocated to participating securities - basic and diluted

 

 

330

 

 

 

486

 

 

 

489

 

 

 

1,007

 

Net income allocated to common shareholders - basic and diluted

 

$

126,631

 

 

$

113,045

 

 

$

173,894

 

 

$

232,028

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares - basic

 

 

80,934

 

 

 

85,577

 

 

 

81,302

 

 

 

85,833

 

Dilutive potential common shares

 

 

551

 

 

 

366

 

 

 

566

 

 

 

370

 

Weighted-average common shares - diluted

 

 

81,485

 

 

 

85,943

 

 

 

81,868

 

 

 

86,203

 

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.56

 

 

$

1.32

 

 

$

2.14

 

 

$

2.70

 

Diluted

 

$

1.55

 

 

$

1.32

 

 

$

2.12

 

 

$

2.69