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Net income per common share | 6 Months Ended
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Jun. 30, 2025
Earnings Per Share |
Net Income (Loss) Per Common Share | Note 25 – Net income per common share The following table sets forth the computation of net income per common share (“EPS”), basic and diluted, for the quarters and six months ended June 30, 2025 and 2024: Quarters ended June 30, Six months ended June 30, (In thousands, except per share information) 2025 2024 2025 2024 Net income $ 210,440 $ 177,789 $ 387,942 $ 281,072 Preferred stock dividends (353) (353) (706) (706) Net income applicable to common stock $ 210,087 $ 177,436 $ 387,236 $ 280,366 Average common shares outstanding 68,050,361 71,970,773 68,661,851 71,920,254 Average potential dilutive common shares 29,288 21,138 25,808 17,180 Average common shares outstanding - assuming dilution 68,079,649 71,991,911 68,687,659 71,937,434 Basic EPS $ 3.09 $ 2.47 $ 5.64 $ 3.90 Diluted EPS $ 3.09 $ 2.46 $ 5.64 $ 3.90 For the quarters and six months ended June 30, 2025 and 2024, the Corporation calculated the impact of potential dilutive common shares under the treasury stock method, consistent with the method used for the preparation of the financial statements for the year ended December 31, 2024. For a discussion of the calculation under the treasury stock method, refer to Note 30 of the Consolidated Financial Statements included in the 2024 Form 10-K.

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