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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Computation of Earnings Per Common Share

A summary of the information used in the computation of earnings per common share follows.

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

($ in thousands, except per share data)

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income to common shareholders

 

$

127,466

 

 

$

115,572

 

 

$

360,501

 

 

$

338,741

 

Net income allocated to participating securities - basic and diluted

 

 

552

 

 

 

772

 

 

 

1,559

 

 

 

2,366

 

Net income allocated to common shareholders - basic and diluted

 

$

126,914

 

 

$

114,800

 

 

$

358,942

 

 

$

336,375

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares - basic

 

 

84,871

 

 

 

86,234

 

 

$

85,509

 

 

$

86,421

 

Dilutive potential common shares

 

 

582

 

 

 

326

 

 

 

468

 

 

 

229

 

Weighted-average common shares - diluted

 

 

85,453

 

 

 

86,560

 

 

$

85,977

 

 

$

86,650

 

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.50

 

 

$

1.33

 

 

$

4.20

 

 

$

3.89

 

Diluted

 

$

1.49

 

 

$

1.33

 

 

$

4.17

 

 

$

3.88