Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table shows the calculation of both basic and diluted earnings per common share for the three and six months ended June 30, 2021 and 2020:

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
	(in thousands, except for share data)
Net income available to common shareholders	$	117,340	$	92,429	$	229,878	$	176,525
Basic weighted average number of common shares outstanding	405,963,209		403,790,242		405,560,146		403,654,665
Plus: Common stock equivalents	2,697,569		841,603		2,592,312		1,388,518
Diluted weighted average number of common shares outstanding	408,660,778		404,631,845		408,152,458		405,043,183
Earnings per common share:
Basic	$	0.29	$	0.23	$	0.57	$	0.44
Diluted	0.29		0.23		0.56		0.44