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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Summary of Table Reconciling Basic and Diluted Net Income Per Share
The following table presents the calculation of basic and diluted net income per common share:
(dollars and shares in thousands,
except per share data)
Years Ended December 31,
202320222021
Net income$581,992 $428,287 $277,538 
Preferred dividends(16,135)(14,118)— 
Net income applicable to common shares$565,857 $414,169 $277,538 
Weighted average common shares outstanding:
Weighted average common shares outstanding (basic)290,748 275,179 165,178 
Effect of dilutive securities:
Restricted stock1,107 1,502 729 
Stock appreciation rights 22 
Weighted average diluted shares outstanding291,855 276,688 165,929 
Basic Net Income Per Common Share$1.95 $1.51 $1.68 
Diluted Net Income Per Common Share$1.94 $1.50 $1.67