v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2026
Sep. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 129,648 $ 112,352
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 29,167 8,341
Other accretion and amortization (14,068) (21,699)
Stock-based compensation expense 11,196 10,826
Trading activity 259 116
Provision for credit losses 24,500 17,255
Deferred income taxes 7,167 38,919
Origination of loans held for sale (47,342) (47,122)
Other unrealized and realized gains and losses (7,092) (783)
Proceeds from sale of loans held for sale 49,674 44,922
Change in the fair value of servicing rights (583) 1,207
Net change in assets and liabilities which provide (use) cash:    
Securities borrowed (27,369) (43,122)
Customer, broker-dealer and clearing receivables 27,528 (10,375)
Other assets 47,235 (52,699)
Securities loaned 43,773 65,194
Customer, broker-dealer and clearing payables 21,000 35,215
Accounts payable and other liabilities 204 (40,114)
Net cash provided by operating activities 294,897 118,433
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sale and repayment of available-for-sale securities 1,842 8,569
Purchase of stock of regulatory agencies (57,759) 0
Proceeds from redemption of stock of regulatory agencies 57,773 0
Net change in loans held for investment at amortized cost and at fair value (363,614) (637,164)
Proceeds from sale of loans originally classified as held for investment 25,276 82,304
Proceeds from sale of other real estate owned and repossessed assets 467 260
Acquisition of business, net of cash acquired (7,455) (474,448)
Purchases of premises, furniture, equipment, software and intangibles (59,445) (9,149)
Purchases of other investments (1,895) (3,826)
Distributions received from other investments 0 75
Net cash used in investing activities (404,810) (1,033,379)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in deposits 847,805 1,435,210
Net (repayment) proceeds of Federal Home Loan Bank other advances (94,000) 0
Payments related to settlement of restricted stock units (7,156) (8,473)
Purchase of treasury stock (4,003) 0
Repayment of secured financings (63,912) 0
Payment of debt issuance costs 0 (2,550)
Proceeds from issuance of subordinated notes 0 200,000
Net cash provided by financing activities 678,734 1,624,187
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 568,821 709,241
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—Beginning of year 1,307,802 2,176,354
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—End of period 1,876,623 2,885,595
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest paid on interest-bearing liabilities 180,881 173,499
Transfers to other real estate and repossessed vehicles from loans held for investment 1,125 493
Transfers from loans held for investment to loans held for sale 25,274 82,279
Transfers from loans held for sale to loans held for investment 0 537
Equity instruments received 8,700 0
Operating lease liabilities from obtaining right of use assets 112 0
Non-cash Contingent Consideration $ 0 $ 30,810