Net income per common share (Tables)

3 Months Ended

Mar. 31, 2024

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, 2024 and 2023

Quarters ended March 31,

(In thousands, except per share information)

2024

2023

Net income

$

103,283

$

158,979

Preferred stock dividends

(353)

(353)

Net income applicable to common stock

$

102,930

$

158,626

Average common shares outstanding

71,869,735

71,541,778

Average potential dilutive common shares 

97,068

64,418

Average common shares outstanding - assuming dilution

71,966,803

71,606,196

Basic EPS

$

1.43

$

2.22

Diluted EPS

$

1.43

$

2.22