| EARNINGS PER COMMON SHARE The following table presents the calculation of basic and diluted earnings per common share (“EPS”): | | | | | | | | | | | | | | | | | Three Months Ended | | | | September 30, | | | | (Dollars in thousands, except per share data) | 2026 | | 2025 | | | | | | Earnings Per Common Share | | | | | | | | | Net income | $ | 129,648 | | | $ | 112,352 | | | | | | | Average common shares issued and outstanding | 56,756,005 | | | 56,512,587 | | | | | | | Earnings per common share | $ | 2.28 | | | $ | 1.99 | | | | | | | Diluted Earnings Per Common Share | | | | | | | | | | | | | | | | | Average common shares issued and outstanding | 56,756,005 | | | 56,512,587 | | | | | | | Dilutive effect of average unvested RSUs | 798,930 | | | 1,270,241 | | | | | | Average dilutive common shares outstanding | 57,554,935 | | | 57,782,828 | | | | | | | Diluted earnings per common share | $ | 2.25 | | | $ | 1.94 | | | | | | | Weighted average antidilutive common stock equivalents (excluded from the computation of EPS) | 3,472 | | | 33,122 | | | | | |
For further information regarding the Company’s EPS calculation, see Note 18—“Earnings per Common Share” in the 2026 Form 10-K.
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