Net income per common share (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share

Computation of Net Income (Loss) Per Common Share ("EPS"), Basic and Diluted

The following table sets forth the computation of net income per common share (“EPS”), basic and diluted, for the quarters ended

March 31, 2023 and 2022

Quarters ended March 31,

(In thousands, except per share information)

2023

2022

Net income

$

158,979

$

211,686

Preferred stock dividends

(353)

(353)

Net income applicable to common stock

$

158,626

$

211,333

Average common shares outstanding

71,541,778

78,443,706

Average potential dilutive common shares 

64,418

151,757

Average common shares outstanding - assuming dilution

71,606,196

78,595,463

Basic EPS

$

2.22

$

2.69

Diluted EPS

$

2.22

$

2.69