Earnings (Loss) Per Share

6 Months Ended

Jun. 30, 2023

EARNINGS (LOSS) PER SHARE

The following are the components and results of Customers' earnings per common share calculations for the periods presented.


	Three Months Ended June 30,				Six Months Ended June 30,
(amounts in thousands, except share and per share data)	2023		2022		2023		2022


Net income available to common shareholders	$	44,007	$	56,519	$	94,272	$	131,415

Weighted-average number of common shares outstanding – basic	31,254,125		32,712,616		31,535,103		32,834,150
Share-based compensation plans	337,017		866,397		430,894		1,116,823

Weighted-average number of common shares – diluted	31,591,142		33,579,013		31,965,997		33,950,973



Basic earnings per common share	$	1.41	$	1.73	2.99		4.00



Diluted earnings per common share	1.39		1.68		2.95		3.87

The following are securities that could potentially dilute basic earnings per common share in future periods that were not included in the computation of diluted earnings per common share because either the performance conditions for certain of the share-based compensation awards have not been met or to do so would have been anti-dilutive for the periods presented.


	Three Months Ended June 30,		Six Months Ended June 30,
	2023	2022	2023	2022
Anti-dilutive securities:
Share-based compensation awards	1,718,281	404,473	1,410,180	106,198