(Loss) Earnings Per Share (“EPS”) (Tables)

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Schedule of Earnings (Loss) Per Share, Basic and Diluted

	For the Three Months Ended September 30, 2024		For the Nine Months Ended September 30, 2024
	(Dollars in thousands, except per share data)
Net (loss) income applicable to common shares	$	(6,188)	$	58,790
Average number of common shares outstanding	209,669,236		187,488,659
Less: Average unallocated ESOP shares	(12,969,014)		(13,089,967)
Average number of common shares outstanding used to calculate basic earnings per common share	196,700,222		174,398,692
Common stock equivalents	1,006,422		871,867
Average number of common shares outstanding used to calculate diluted earnings per common share	197,706,644		175,270,559
(Loss) earnings per common share:
Basic	$	(0.03)	$	0.34
Diluted	$	(0.03)	$	0.34

	For the Three Months Ended September 30, 2023		For the Nine Months Ended September 30, 2023
	(Dollars in thousands, except per share data)
Net income (loss) applicable to common shares:
Net income (loss) from continuing operations	$	63,464	$	(94,198)
Net (loss) income from discontinued operations	(4,351)		7,872
Total net income (loss)	$	59,113	$	(86,326)
Average number of common shares outstanding	175,832,085		175,783,313
Less: Average unallocated ESOP shares	(13,461,616)		(13,584,155)
Average number of common shares outstanding used to calculate basic earnings (loss) per common share	162,370,469		162,199,158
Common stock equivalents	99,418		61,345
Average number of common shares outstanding used to calculate diluted earnings (loss) per common share	162,469,887		162,260,503
Basic earnings (loss) per common share:
Earnings (loss) per share from continuing operations	$	0.39	$	(0.58)
(Loss) earnings per share from discontinued operations	(0.03)		0.05
Total basic earnings (loss) per share	$	0.36	$	(0.53)
Diluted earnings (loss) per common share:
Earnings (loss) per share from continuing operations	$	0.39	$	(0.58)
(Loss) earnings per share from discontinued operations	(0.03)		0.05
Total diluted earnings (loss) per share	$	0.36	$	(0.53)