Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenues:
Commissions		$ 186,681	$ 195,579	$ 382,590	$ 409,193
Principal transactions		125,603	152,597	284,873	317,603
Investment banking		271,075	376,443	525,921	715,731
Asset management		331,264	295,869	672,900	574,016
Interest		212,754	133,591	378,189	261,131
Other income		(1,917)	13,235	6,971	38,869
Total revenues		1,125,460	1,167,314	2,251,444	2,316,543
Interest expense		17,334	14,178	26,791	28,618
Net revenues	[1]	1,108,126	1,153,136	2,224,653	2,287,925
Non-interest expenses:
Compensation and benefits		652,709	692,054	1,326,400	1,389,968
Occupancy and equipment rental		78,251	70,971	155,277	143,003
Communications and office supplies		43,645	41,308	86,101	83,133
Commissions and floor brokerage		15,106	13,977	30,993	29,680
Provision for credit losses		12,785	(9,652)	21,025	(14,904)
Other operating expenses		87,089	80,453	159,207	165,128
Total non-interest expenses		889,585	889,111	1,779,003	1,796,008
Income from operations before income tax expense		218,541	264,025	445,650	491,917
Provision for income taxes		57,725	65,948	111,285	120,825
Net income		160,816	198,077	334,365	371,092
Preferred dividends		9,321	8,289	18,641	16,578
Net income available to common shareholders		$ 151,495	$ 189,788	$ 315,724	$ 354,514
Earnings per common share:
Basic		$ 1.39	$ 1.76	$ 2.89	$ 3.29
Diluted		1.29	1.60	2.68	3.00
Cash dividends declared per common share		$ 0.30	$ 0.15	$ 0.60	$ 0.30
Weighted-average number of common shares outstanding:
Basic		109,083,000	107,837,000	109,144,000	107,795,000
Diluted		117,400,000	118,602,000	117,838,000	118,279,000

[1] No individual client accounted for more than 10 percent of total net revenues for the three and six months ended June 30, 2022 and 2021.