Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2026

Earnings Per Share [Abstract]

Calculations for basic and diluted earnings per common share

Presented below are the calculations for basic and diluted earnings per common share:

	Three Months Ended Mar 31,
(in thousands, except per share data)	2026		2025
Net income	$	119,635	$	101,687
Preferred stock dividends	(2,875)		(2,875)
Net income available to common equity	116,760		98,812
Common shareholder dividends	(39,943)		(38,333)
Unvested share-based payment awards	(115)		(206)
Undistributed earnings	$	76,702	$	60,274
Undistributed earnings allocated to common shareholders	$	76,426	$	59,997
Undistributed earnings allocated to unvested share-based payment awards	276		277
Undistributed earnings	$	76,702	$	60,274
Basic
Distributed earnings to common shareholders	$	39,943	$	38,333
Undistributed earnings allocated to common shareholders	76,426		59,997
Total common shareholders earnings, basic	$	116,369	$	98,329
Diluted
Distributed earnings to common shareholders	$	39,943	$	38,333
Undistributed earnings allocated to common shareholders	76,426		59,997
Total common shareholders earnings, diluted	$	116,369	$	98,329
Weighted average common shares outstanding	165,097		165,228
Effect of dilutive common stock awards	1,464		1,377
Diluted weighted average common shares outstanding	166,561		166,604
Basic earnings per common share	$	0.70	$	0.60
Diluted earnings per common share	$	0.70	$	0.59