Earnings Per Common Share (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2022 and 2021:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
	(in thousands, except for share data)
Net income available to common shareholders	$	174,947	$	119,408	$	381,744	$	349,286
Basic weighted average number of common shares outstanding	506,342,200		406,824,160		478,383,342		405,986,114
Plus: Common stock equivalents	2,348,797		2,413,841		2,242,015		2,523,653
Diluted weighted average number of common shares outstanding	508,690,997		409,238,001		480,625,357		408,509,767
Earnings per common share:
Basic	$	0.35	$	0.29	$	0.80	$	0.86
Diluted	0.34		0.29		0.79		0.86