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Net income per common share
9 Months Ended
Sep. 30, 2025
Earnings Per Share  
Net Income (Loss) Per Common Share
Note 23 – 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 nine
months ended September 30, 2025 and 2024:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Quarters ended September 30,
Nine months ended September 30,
(In thousands, except per share information)
2025
2024
2025
2024
Net income
$
211,317
$
155,323
$
599,259
$
436,395
Preferred stock dividends
(353)
(353)
(1,059)
(1,059)
Net income applicable to common stock
$
210,964
$
154,970
$
598,200
$
435,336
Average common shares outstanding
67,058,260
71,807,136
68,121,447
71,882,273
Average potential dilutive common shares
 
35,554
21,266
22,239
29,880
Average common shares outstanding - assuming dilution
67,093,814
71,828,402
68,143,686
71,912,153
Basic EPS
$
3.15
$
2.16
$
8.78
$
6.06
Diluted EPS
$
3.14
$
2.16
$
8.78
$
6.05
For the quarters
 
and nine months
 
ended September 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.