v3.26.3
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Interest income        
Interest and fees on loans $ 853,299 $ 832,140 $ 2,474,169 $ 2,398,499
Mortgage loans held-for-sale 5,761 4,757 16,545 13,875
Interest-bearing deposits with banks 25,595 34,992 65,661 106,075
Federal funds sold and securities purchased under resale agreements 1 75 70 530
Investment securities 112,273 86,426 318,267 236,495
Trading account securities 0 0 0 11
Federal Home Loan Bank and Federal Reserve Bank stock 5,932 5,444 17,121 16,144
Brokerage customer receivables 0 0 0 78
Total interest income 1,002,861 963,834 2,891,833 2,771,707
Interest expense        
Interest on deposits 341,017 355,846 975,237 1,009,549
Interest on Federal Home Loan Bank advances 29,086 26,007 85,005 77,172
Interest on other borrowings 3,430 6,887 10,577 20,636
Interest on subordinated notes 3,721 3,717 11,179 11,166
Interest on junior subordinated debentures 4,003 4,367 11,841 13,006
Total interest expense 381,257 396,824 1,093,839 1,131,529
Net interest income 621,604 567,010 1,797,994 1,640,178
Provision for credit losses 25,879 21,768 78,607 67,965
Net interest income after provision for credit losses 595,725 545,242 1,719,387 1,572,213
Non-interest income        
Wealth management 40,967 37,188 122,909 108,051
Mortgage banking 25,532 24,451 76,366 68,150
Service charges on deposit accounts 22,161 19,825 64,371 58,689
(Losses) gains on investment securities, net (1,621) 2,972 193 6,818
Fees from covered call options 4,585 5,619 14,047 14,689
Trading gains, net 48 172 128 259
Operating lease income, net 18,447 15,466 56,405 45,919
Other 26,154 25,134 77,265 68,975
Total non-interest income 136,273 130,827 411,684 371,550
Non-interest expense        
Salaries and employee benefits 230,552 219,668 693,088 650,735
Software and equipment 39,179 35,027 114,121 106,266
Operating lease equipment 11,661 10,409 33,835 31,637
Occupancy, net 19,548 20,809 61,267 61,815
Data processing 11,218 11,329 33,143 34,713
Advertising and marketing 21,806 19,027 55,456 50,060
Professional fees 10,687 7,465 27,404 25,752
Amortization of other acquisition-related intangible assets 4,686 5,196 14,565 16,394
FDIC insurance 12,138 11,418 29,768 33,315
Other real estate owned expense, net 282 262 1,275 1,410
Other 43,908 39,418 121,912 115,482
Total non-interest expense 405,665 380,028 1,185,834 1,127,579
Income before taxes 326,333 296,041 945,237 816,184
Income tax expense 87,279 79,787 245,102 215,364
Net income 239,054 216,254 700,135 600,820
Preferred stock dividends 8,367 13,295 25,101 27,277
Preferred stock redemption 0 14,046 0 14,046
Net income applicable to common shares $ 230,687 $ 188,913 $ 675,034 $ 559,497
Net income per common share-Basic (usd per share) $ 3.42 $ 2.82 $ 10.02 $ 8.37
Net income per common share-Diluted (usd per share) 3.37 2.78 9.89 8.25
Cash dividends declared per common share (usd per share) $ 0.55 $ 0.50 $ 1.65 $ 1.50
Weighted average common shares outstanding (in shares) 67,467 66,952 67,383 66,871
Dilutive potential common shares (in shares) 911 1,028 876 945
Average common shares and dilutive common shares (in shares) 68,378 67,980 68,259 67,816