XML 170 R155.htm IDEA: XBRL DOCUMENT v3.25.4
Parent Company Information - Schedule of Condensed Statements of Cash Flows (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net Income $ 597,983 $ 380,271 $ 498,511
Adjustments to reconcile net income to net cash provided by operating activities:      
Stock-based compensation 27,279 28,988 33,102
Net amortization of premiums and accretion of discounts on borrowings (9,237) (3,399) (2,145)
(Gains) losses on equity securities, net (74) (100) (1,104)
Loss on extinguishment of debt 922 0 0
Net change in:      
Other assets 118,872 (263,375) (173,512)
Accrued expenses and other liabilities (615,570) (11,094) (5,834)
Net cash provided by operating activities 343,832 548,540 378,192
Cash flows from investing activities:      
Purchases of equity securities (14,293) (9,950) (14,011)
Sales and capital returns 4,463 1,910 1,850
Net cash used in investing activities (2,164,443) (709,284) (3,349,502)
Cash flows from financing activities:      
Repayment of long-term borrowings (488,000) (165,000) (475,000)
Proceeds from issuance of preferred stock, net 0 144,654 0
Dividends paid to preferred shareholders (28,981) (21,369) (14,338)
Dividends paid to common shareholders (248,885) (228,228) (225,411)
Purchase of common shares related to stock compensation plan activity (9,801) (8,867) (9,383)
Purchase of common shares to treasury (63,001) 0 (2,092)
Common stock issued, net 17,506 451,164 4,006
Net cash provided by financing activities 1,514,051 1,159,644 2,914,588
Net change in cash and cash equivalents (306,560) 998,900 (56,722)
Cash and cash equivalents at beginning of year 1,890,125 891,225 947,947
Cash and cash equivalents at end of year 1,583,565 1,890,125 891,225
Parent Company      
Cash flows from operating activities:      
Net Income 597,983 380,271 498,511
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in undistributed earnings of subsidiaries (227,963) (73,622) (111,856)
Stock-based compensation 27,279 28,988 33,104
Net amortization of premiums and accretion of discounts on borrowings 1,786 1,947 2,058
(Gains) losses on equity securities, net (2,305) 1,581 (1,036)
Loss on extinguishment of debt 922 0 0
Net change in:      
Other assets 3,499 4,167 13,472
Accrued expenses and other liabilities 1,846 (37,661) (8,501)
Net cash provided by operating activities 403,047 305,671 425,752
Cash flows from investing activities:      
Purchases of equity securities (12,951) (9,253) (11,261)
Sales and capital returns 2,961 0 0
Capital contributions to subsidiary 0 (550,000) (20)
Other, net 0 52 5,098
Net cash used in investing activities (9,990) (559,201) (6,183)
Cash flows from financing activities:      
Repayment of long-term borrowings (215,000) 0 (125,000)
Proceeds from issuance of preferred stock, net 0 144,654 0
Dividends paid to preferred shareholders (28,981) (21,369) (14,338)
Dividends paid to common shareholders (248,885) (228,228) (225,411)
Purchase of common shares related to stock compensation plan activity (9,801) (8,867) (9,383)
Purchase of common shares to treasury (63,001) 0 (2,092)
Common stock issued, net 17,506 451,164 4,006
Net cash provided by financing activities (548,162) 337,354 (372,218)
Net change in cash and cash equivalents (155,105) 83,824 47,351
Cash and cash equivalents at beginning of year 277,072 193,248 145,897
Cash and cash equivalents at end of year $ 121,967 $ 277,072 $ 193,248