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Net Income Per Common Share (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Summary of Table Reconciling Basic and Diluted Net Income Per Share
The following table presents the calculation of basic and diluted net income per common share:
Three Months Ended
September 30,
Nine Months Ended
September 30,
(dollars and shares in thousands, except per share data)2025202420252024
Net income$182,567 $143,802 $452,634 $385,315 
Preferred dividends(4,034)(4,034)(12,101)(12,101)
Net income applicable to common shares$178,533 $139,768 $440,533 $373,214 
Weighted average common shares outstanding:
Weighted average common shares outstanding (basic)389,038 315,622 355,307 307,426 
Effect of dilutive securities:
Restricted stock1,458 1,709 1,971 1,179 
Weighted average diluted shares outstanding390,496 317,331 357,278 308,605 
Basic Net Income Per Common Share$0.46 $0.44 $1.24 $1.21 
Diluted Net Income Per Common Share$0.46 $0.44 $1.23 $1.21