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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Common Share
The following table sets forth the computation of basic and diluted earnings per common share for 2023, 2022 and 2021:
 
(In thousands, except per share data)  202320222021
Net income$622,626 $509,682 $466,151 
Less: Preferred stock dividends27,964 27,964 27,964 
Net income applicable to common shares(A)$594,662 $481,718 $438,187 
Weighted average common shares outstanding(B)61,149 59,205 56,994 
Effect of dilutive potential common shares:
Common stock equivalents
938 886 792 
Weighted average common shares and effect of dilutive potential common shares(C)62,087 60,091 57,786 
Net income per common share:
Basic(A/B)$9.72 $8.14 $7.69 
Diluted(A/C)9.58 8.02 7.58