Earnings Per Share

6 Months Ended

Jun. 30, 2026

Earnings Per Share

Earnings Per Share

Note 16: Earnings Per Share

Earnings per share were computed as follows for the three and six months ended June 30, 2026 and 2025:


		Three Months Ended June 30,
		2026								2025
					Weighted-		Per						Weighted-		Per
		Net			Average		Share			Net			Average		Share
		Income			Shares		Amount			Income			Shares		Amount

		(In thousands, except share data)
Net income		$	78,303							$	37,981
Dividends on preferred stock			(10,266)								(10,266)
Net income allocated to common shareholders		$	68,037							$	27,715
Basic earnings per share					45,936,610		$	1.48					45,883,644		$	0.60
Effect of dilutive securities-restricted stock awards					69,328								45,919
Diluted earnings per share					46,005,938		$	1.48					45,929,563		$	0.60


		Six Months Ended June 30,
		2026								2025
					Weighted-		Per						Weighted-		Per
		Net			Average		Share			Net			Average		Share
		Income			Shares		Amount			Income			Shares		Amount

		(In thousands, except share data)
Net income		$	146,035							$	96,220
Dividends on preferred stock			(20,531)								(20,531)
Impact of preferred stock redemption			—								(5,371)
Net income allocated to common shareholders		$	125,504							$	70,318
Basic earnings per share					45,933,291		$	2.73					45,853,998		$	1.53
Effect of dilutive securities-restricted stock awards					68,568								67,990
Diluted earnings per share					46,001,859		$	2.73					45,921,988		$	1.53