Net income per common share (Tables)

9 Months Ended

Sep. 30, 2023

Earnings Per Share

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

Quarters ended September 30,

Nine months ended September 30,

(In thousands, except per share information)

2023

2022

2023

2022

Net income

$

136,609

$

422,395

$

446,748

$

845,502

Preferred stock dividends

(353)

(353)

(1,059)

(1,059)

Net income applicable to common stock

$

136,256

$

422,042

$

445,689

$

844,443

Average common shares outstanding

71,794,934

73,955,184

71,676,630

76,173,783

Average potential dilutive common shares 

23,168

102,148

59,884

130,436

Average common shares outstanding - assuming dilution

71,818,102

74,057,332

71,736,514

76,304,219

Basic EPS

$

1.90

$

5.71

$

6.22

$

11.09

Diluted EPS

$

1.90

$

5.70

$

6.21

$

11.07