Net income per common share (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share

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

(In thousands, except per share information)

2023

2022

2021

Net income

$

541,342

$

1,102,641

$

934,889

Preferred stock dividends

(1,412)

(1,412)

(1,412)

Net income applicable to common stock

$

539,930

$

1,101,229

$

933,477

Average common shares outstanding

71,710,265

75,147,263

81,263,027

Average potential dilutive common shares 

81,427

126,740

157,127

Average common shares outstanding - assuming dilution

71,791,692

75,274,003

81,420,154

Basic EPS

$

7.53

$

14.65

$

11.49

Diluted EPS

$

7.52

$

14.63

$

11.46