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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Preferred Series A
Preferred Series B
Preferred Series C
Common Stock
Preferred Stock
Common Stock
Surplus
Retained Earnings
Retained Earnings
Preferred Series A
Retained Earnings
Preferred Series B
Retained Earnings
Preferred Series C
Accumulated Other Comprehensive Loss
Treasury Stock
Beginning balance at Dec. 31, 2023 $ 6,701,391         $ 209,691 $ 178,187 $ 4,989,989 $ 1,471,371       $ (146,456) $ (1,391)
Beginning balance (in shares) at Dec. 31, 2023             507,710              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income 96,280               96,280          
Other comprehensive income (loss), net of tax (10,392)                       (10,392)  
Cash dividends declared:                            
Cash dividends declared on preferred stock   $ (1,797) $ (2,322)             $ (1,797) $ (2,322)      
Cash dividends declared on common stock (56,794)               (56,794)          
Effect of stock incentive plan, net (in shares)             1,183              
Effect of stock incentive plan, net 773           $ 348 (966)           1,391
Ending balance at Mar. 31, 2024 6,727,139         209,691 $ 178,535 4,989,023 1,506,738       (156,848) 0
Ending balance (in shares) at Mar. 31, 2024             508,893              
Beginning balance at Dec. 31, 2023 6,701,391         209,691 $ 178,187 4,989,989 1,471,371       (146,456) (1,391)
Beginning balance (in shares) at Dec. 31, 2023             507,710              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income 166,704                          
Ending balance at Jun. 30, 2024 6,737,737         209,691 $ 178,645 4,995,638 1,516,376       (162,613) 0
Ending balance (in shares) at Jun. 30, 2024             509,205              
Beginning balance at Mar. 31, 2024 6,727,139         209,691 $ 178,535 4,989,023 1,506,738       (156,848) 0
Beginning balance (in shares) at Mar. 31, 2024             508,893              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income 70,424               70,424          
Other comprehensive income (loss), net of tax (5,765)                       (5,765)  
Cash dividends declared:                            
Cash dividends declared on preferred stock   (1,797) (2,311)             (1,797) (2,311)      
Cash dividends declared on common stock (56,678)               (56,678)          
Effect of stock incentive plan, net (in shares)             312              
Effect of stock incentive plan, net 6,725           $ 110 6,615            
Ending balance at Jun. 30, 2024 6,737,737         209,691 $ 178,645 4,995,638 1,516,376       (162,613) 0
Ending balance (in shares) at Jun. 30, 2024             509,205              
Beginning balance at Dec. 31, 2024 7,435,127         354,345 $ 195,998 5,442,070 1,598,048       (155,334) 0
Beginning balance (in shares) at Dec. 31, 2024             558,786              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income 106,058               106,058          
Other comprehensive income (loss), net of tax 27,082                       27,082  
Cash dividends declared:                            
Cash dividends declared on preferred stock   (1,797) (2,065) $ (3,094)           (1,797) (2,065) $ (3,094)    
Cash dividends declared on common stock         $ (62,460)       (62,460)          
Effect of stock incentive plan, net (in shares)             1,492              
Effect of stock incentive plan, net 3,208           $ 522 2,686            
Common stock repurchased (in shares)             (250)              
Common stock repurchased (2,162)                         (2,162)
Ending balance at Mar. 31, 2025 7,499,897         354,345 $ 196,520 5,444,756 1,634,690       (128,252) (2,162)
Ending balance (in shares) at Mar. 31, 2025             560,028              
Beginning balance at Dec. 31, 2024 7,435,127         354,345 $ 195,998 5,442,070 1,598,048       (155,334) 0
Beginning balance (in shares) at Dec. 31, 2024             558,786              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income 239,225                          
Ending balance at Jun. 30, 2025 7,575,421         354,345 $ 196,606 5,451,543 1,694,903       (119,889) (2,087)
Ending balance (in shares) at Jun. 30, 2025             560,282              
Beginning balance at Mar. 31, 2025 7,499,897         354,345 $ 196,520 5,444,756 1,634,690       (128,252) (2,162)
Beginning balance (in shares) at Mar. 31, 2025             560,028              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income 133,167               133,167          
Other comprehensive income (loss), net of tax 8,363                       8,363  
Cash dividends declared:                            
Cash dividends declared on preferred stock   $ (1,797) $ (2,057) $ (3,094)           $ (1,797) $ (2,057) $ (3,094)    
Cash dividends declared on common stock (62,466)               (62,466)          
Effect of stock incentive plan, net (in shares)             504              
Effect of stock incentive plan, net 5,572           $ 86 6,787 (3,540)         2,239
Common stock repurchased (in shares)             (250)              
Common stock repurchased (2,164)                         (2,164)
Ending balance at Jun. 30, 2025 $ 7,575,421         $ 354,345 $ 196,606 $ 5,451,543 $ 1,694,903       $ (119,889) $ (2,087)
Ending balance (in shares) at Jun. 30, 2025             560,282