Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2022

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, 2022 and 2021:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
	(in thousands, except for share data)
Net income available to common shareholders	$	93,241	$	117,340	$	206,797	$	229,878
Basic weighted average number of common shares outstanding	506,302,464		405,963,209		464,172,210		405,560,146
Plus: Common stock equivalents	2,176,742		2,697,569		2,148,473		2,592,312
Diluted weighted average number of common shares outstanding	508,479,206		408,660,778		466,320,683		408,152,458
Earnings per common share:
Basic	$	0.18	$	0.29	$	0.45	$	0.57
Diluted	0.18		0.29		0.44		0.56