| Schedule of Basic and Diluted Net Income Per Share |
The following table presents the calculation of basic and diluted net income per common share: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
September 30, | | Nine Months Ended
September 30, | | (dollars and shares in thousands, except per share data) | 2026 | | 2025 | | 2026 | | 2025 | | Net income | $ | 253,994 | | | $ | 182,567 | | | $ | 741,080 | | | $ | 452,634 | | | Preferred dividends | (4,034) | | | (4,034) | | | (12,101) | | | (12,101) | | | | | | | | | | | Net income applicable to common shares | $ | 249,960 | | | $ | 178,533 | | | $ | 728,979 | | | $ | 440,533 | | | | | | | | | | | Weighted average common shares outstanding: | | | | | | | | | Weighted average common shares outstanding (basic) | 379,250 | | | 389,038 | | | 382,297 | | | 355,307 | | | Effect of dilutive securities: | | | | | | | | | Restricted stock | 1,650 | | | 1,458 | | | 1,859 | | | 1,971 | | | | | | | | | | | Weighted average diluted shares outstanding | 380,900 | | | 390,496 | | | 384,156 | | | 357,278 | | | Basic Net Income Per Common Share | $ | 0.66 | | | $ | 0.46 | | | $ | 1.91 | | | $ | 1.24 | | | Diluted Net Income Per Common Share | $ | 0.66 | | | $ | 0.46 | | | $ | 1.90 | | | $ | 1.23 | |
|