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CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Cumulative Effect, Period Of Adoption, Adjustment
Various Stock Compensation Plans And Agreements
Stock Repurchase Plan
Common Stock
Common Stock
Various Stock Compensation Plans And Agreements
Common Stock
Stock Repurchase Plan
Common Stock and Additional Paid-in Capital
Retained Earnings
Retained Earnings
Cumulative Effect, Period Of Adoption, Adjustment
Treasury Stock
Treasury Stock
Various Stock Compensation Plans And Agreements
Treasury Stock
Stock Repurchase Plan
AOCI, Net of Tax
Beginning balance (in shares) at Dec. 31, 2022         140,947,846                  
Beginning balance at Dec. 31, 2022 $ 5,984,612             $ 1,936,557 $ 5,582,546   $ (768,862)     $ (765,629)
Beginning balance (Accounting Standards Update 2022-02) at Dec. 31, 2022 [1]   $ (4,262)               $ (4,262)        
Increase (Decrease) in Stockholders' Equity                            
Net income 322,439               322,439          
Other comprehensive loss 85,635                         85,635
Issuance of common stock pursuant to various stock compensation plans and agreements (in shares)         740,722                  
Issuance of common stock pursuant to various stock compensation plans and agreements 11,130             11,130            
Repurchase of common stock pursuant to the Stock Repurchase Program/various stock compensation plans and agreements (in shares)           (292,768)                
Repurchase of common stock pursuant to the Stock Repurchase Program/various stock compensation plans and agreements     $ (21,791)                 $ (21,791)    
Cash dividends on common stock (68,432)               (68,432)          
Ending balance (in shares) at Mar. 31, 2023         141,395,800                  
Ending balance at Mar. 31, 2023 6,309,331             1,947,687 5,832,291   (790,653)     (679,994)
Beginning balance (in shares) at Dec. 31, 2023         140,027,367                  
Beginning balance at Dec. 31, 2023 6,950,834             1,980,987 6,465,230   (874,787)     (620,596)
Beginning balance (Accounting Standards Update 2023-02) at Dec. 31, 2023 [2]   $ (9,482)               $ (9,482)        
Increase (Decrease) in Stockholders' Equity                            
Net income 285,075               285,075          
Other comprehensive loss (42,137)                         (42,137)
Issuance of common stock pursuant to various stock compensation plans and agreements (in shares)         463,239                  
Issuance of common stock pursuant to various stock compensation plans and agreements 12,989             12,989            
Repurchase of common stock pursuant to the Stock Repurchase Program/various stock compensation plans and agreements (in shares)           (187,593) (1,181,851)              
Repurchase of common stock pursuant to the Stock Repurchase Program/various stock compensation plans and agreements     $ (13,702) $ (82,441)               $ (13,702) $ (82,441)  
Cash dividends on common stock (77,904)               (77,904)          
Ending balance (in shares) at Mar. 31, 2024         139,121,162                  
Ending balance at Mar. 31, 2024 $ 7,023,232             $ 1,993,976 $ 6,662,919   $ (970,930)     $ (662,733)
[1] Represents the change in the Company’s allowance for loan losses as a result of the adoption of Accounting Standards Update (“ASU”) 2022-02, Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and the Vintage Disclosures on January 1, 2023.
[2] Represents the impact of the adoption of ASU 2023-02, Investments - Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method on January 1, 2024. Refer to Note 2 — Current Accounting Developments and Summary of Significant Accounting Policies in this Form 10-Q for additional information.