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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Beginning balance at Dec. 31, 2020 $ 5,161,334 $ 537,145 $ 168,133 $ 3,851,208 $ (731,806) $ 158,635 $ 1,178,019
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 560,065           560,065
Other comprehensive income (loss), net of income taxes (164,097)         (164,097)  
Cash dividends declared on common stock (145,843)           (145,843)
Cash dividends declared on preferred stock [1] (24,872)           (24,872)
Repurchases of common stock including costs to repurchase (167,142)       (167,142)    
Issuance of common stock for earnout payment 5,080     4,955 125    
Restricted share unit vesting and taxes paid related to net share settlement (7,192)   343 (7,535)      
Stock options exercised, net 15,425   695 14,730      
Warrants exercised with net settlement and common stock reissued 0     (113) 116   (3)
Share-based compensation expense 20,044     20,044      
Ending balance at Sep. 30, 2021 5,252,802 537,145 169,171 3,883,289 (898,707) (5,462) 1,567,366
Beginning balance at Jun. 30, 2021 5,237,714 537,145 169,108 3,872,949 (824,197) 45,726 1,436,983
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 186,773           186,773
Other comprehensive income (loss), net of income taxes (51,188)         (51,188)  
Cash dividends declared on common stock (48,099)           (48,099)
Cash dividends declared on preferred stock [2] (8,291)           (8,291)
Repurchases of common stock including costs to repurchase (74,635)       (74,635)    
Issuance of common stock for earnout payment 5,080     4,955 125    
Restricted share unit vesting and taxes paid related to net share settlement (613)   37 (650)      
Stock options exercised, net 546   26 520      
Share-based compensation expense 5,515     5,515      
Ending balance at Sep. 30, 2021 5,252,802 537,145 169,171 3,883,289 (898,707) (5,462) 1,567,366
Beginning balance at Dec. 31, 2021 5,296,800 537,145 169,384 3,894,109 (931,497) (82,321) 1,709,980
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 552,132           552,132
Other comprehensive income (loss), net of income taxes (1,451,993)         (1,451,993)  
Cash dividends declared on common stock (148,297)           (148,297)
Cash dividends declared on preferred stock [1] (24,872)           (24,872)
Repurchases of common stock including costs to repurchase (12,987)       (12,987)    
Restricted share unit vesting and taxes paid related to net share settlement (9,688)   391 (5,677)     (4,402)
Stock options exercised, net 6,434   323 6,111      
Share-based compensation expense 22,186     22,186      
Ending balance at Sep. 30, 2022 4,229,715 537,145 170,098 3,916,729 (944,484) (1,534,314) 2,084,541
Beginning balance at Jun. 30, 2022 4,584,438 537,145 170,013 3,908,118 (944,484) (1,026,705) 1,940,351
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 203,044           203,044
Other comprehensive income (loss), net of income taxes (507,609)         (507,609)  
Cash dividends declared on common stock (49,439)           (49,439)
Cash dividends declared on preferred stock [2] (8,291)           (8,291)
Restricted share unit vesting and taxes paid related to net share settlement (699)   40 385     (1,124)
Stock options exercised, net 830   45 785      
Share-based compensation expense 7,441     7,441      
Ending balance at Sep. 30, 2022 $ 4,229,715 $ 537,145 $ 170,098 $ 3,916,729 $ (944,484) $ (1,534,314) $ 2,084,541
[1] For the nine months ended September 30, 2022 and 2021, dividends per share were $1.18 and $1.10 for Series D and Series E Preferred Stock, respectively.
[2] For the three months ended September 30, 2022 and 2021, dividends per share were $0.39 and $0.37 for Series D and Series E Preferred Stock, respectively.