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$536.01M
Net Interest Income
$226.00M
Net Income
57.7%
Efficiency Ratio
2.82%
Net Int. Margin
9.2%
ROE
Financial Statements Annual (10-K)
Showing 10 of 15 annual reports available (2011 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Interest Income $924.79M $924.79M $948.01M $893.89M $605.01M $446.63M $448.51M $465.40M $407.94M $314.90M $253.31M
Interest Expense $388.78M $388.78M $426.89M $348.49M $84.80M $35.95M $66.38M $108.75M $69.09M $37.61M $26.84M
Net Interest Income $536.01M $536.01M $521.11M $545.40M $520.20M $410.68M $382.13M $356.66M $338.86M $277.28M $226.47M
Provision for Credit Losses $21.25M $21.25M $35.70M $3.50M $16.75M - $58.67M $2.80M $7.23M $9.14M $5.66M
Net Interest Income After Provision $514.76M $514.76M $485.41M $541.90M $503.45M $410.68M $323.45M $353.86M $331.63M $268.14M $220.82M
Non-Interest Income $126.93M $126.93M $125.58M $105.60M $107.94M $109.32M $109.93M $86.69M $76.46M $71.01M $65.20M
Non-Interest Expense $382.58M $382.58M $379.27M $388.27M $355.71M $279.21M $263.40M $246.76M $219.95M $205.56M $177.36M
Compensation & Benefits $225.08M $225.08M $221.17M $228.75M $206.89M $167.00M $155.94M $144.04M $131.70M $119.81M $102.55M
Occupancy Expense $28.40M $28.40M $28.39M $29.86M $26.21M $23.33M $26.76M $19.58M $18.34M $16.98M $17.00M
Technology & Equipment $27.49M $27.49M $27.14M $25.16M $21.68M $18.32M $14.43M $16.48M $13.21M $12.24M $9.15M
Professional Fees $14.49M $14.49M $14.59M $16.17M $21.64M $11.91M $8.90M $15.41M $8.18M $12.76M $6.52M
Other Non-Interest Expense $28.37M $28.37M $27.96M $28.50M $26.71M $19.30M $18.00M $17.80M $16.97M $15.54M $15.47M
Income Before Tax $259.11M $259.11M $231.73M $259.23M $255.67M $240.79M $169.97M $193.78M $188.14M $133.59M $108.66M
Income Tax Expense $33.11M $33.11M $30.33M $35.45M $33.59M $35.26M $21.38M $29.32M $29.00M $37.52M $27.61M
Net Income $226.00M $226.00M $201.40M $223.79M $222.09M $205.53M $148.60M $164.46M $159.14M $96.07M $81.05M
Basic EPS 3.90 3.90 3.42 3.74 3.83 3.82 2.75 3.20 3.23 2.13 1.99
Diluted EPS 3.88 3.88 3.41 3.73 3.81 3.81 2.74 3.19 3.22 2.12 1.98
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Cash & Due from Banks $84.16M $87.62M $112.65M $122.59M $167.15M $192.90M $177.20M $139.25M $154.91M $127.93M
Interest-Bearing Deposits $196.30M $298.89M $436.08M $126.06M $474.15M $392.31M $118.26M $36.96M $35.03M $24.46M
Investment Securities - AFS $1.41B $1.39B $1.63B $1.98B $2.34B $1.92B $1.79B $1.14B $999.95M -
Investment Securities - HTM $1.97B $2.07B $2.18B $2.29B $2.18B $1.23B $806.04M $490.39M $560.65M $607.64M
Loans & Leases (Gross) $13.79B $12.85B $12.49B $12.00B $9.24B $9.24B $8.46B $7.22B $6.75B $5.14B
Loans & Leases (Net) $13.60B $12.66B $12.28B $11.78B $9.05B $9.11B $8.38B $7.14B $6.68B $5.07B
Goodwill & Intangibles $712.00M $712.00M $712.00M $712.00M $545.38M $543.92M $543.92M $445.36M $445.36M $244.00M
Premises & Equipment $121.06M $129.74M $133.90M $117.12M $105.66M $111.06M $113.06M $93.42M $95.85M $94.43M
Other Assets $374.57M $387.17M $322.32M $221.63M $140.17M $146.07M $100.19M $47.77M $42.34M $30.71M
Total Assets $19.03B $18.31B $18.41B $17.94B $15.45B $14.07B $12.46B $9.88B $9.37B $7.21B
Total Deposits $15.29B $14.52B $14.82B $14.38B $12.73B $11.36B $9.84B $7.75B $7.17B $5.56B
Other Liabilities $245.41M $311.07M $289.03M $199.32M $170.99M $141.76M $91.40M $45.30M $52.71M $56.15M
Total Liabilities $16.56B $16.01B $16.16B $15.90B $13.54B $12.19B $10.67B $8.48B $8.06B $6.31B
Common Stock $7.12M $7.25M $7.43M $7.40M $6.68M $6.74M $6.92M $6.17M $6.14M $5.11M
Retained Earnings $1.41B $1.27B $1.15B $1.01B $864.84M $788.58M $696.52M $583.34M $465.23M $400.98M
AOCI $-130.13M $-188.69M $-175.97M $-239.15M $55.11M $74.84M $27.87M $-21.42M $-2.91M $-13.58M
Total Stockholders Equity $2.47B $2.30B $2.25B $2.03B $1.91B $1.88B $1.79B $1.41B $1.30B $901.66M
Total Liabilities & Equity $19.03B $18.31B $18.41B $17.94B $15.45B $14.07B $12.46B $9.88B $9.37B $7.21B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Net Income $226.00M $226.00M $201.40M $223.79M $222.09M $205.53M $148.60M $164.46M $159.14M $96.07M $81.05M
Provision for Credit Losses $21.25M $21.25M $35.70M $3.50M $16.75M - $58.67M $2.80M $7.23M $9.14M $5.66M
Depreciation & Amortization $52.97M $29.42M $26.85M $11.71M $11.81M $10.70M $11.01M $9.38M $8.84M $7.97M $7.16M
Deferred Taxes $-611.00K $2.22M $1.62M $6.60M $9.06M $6.98M $-9.73M $4.96M $3.52M $15.52M $8.61M
Stock-based Compensation $12.09M $7.33M $5.82M $5.16M $4.65M $4.76M $4.60M $4.12M $3.59M $2.83M $2.60M
Operating Cash Flow $460.72M $283.65M $266.21M $258.83M $268.05M $207.38M $204.81M $178.41M $180.24M $126.50M $106.86M
Purchases of Securities $31.55M $19.73M $94.71M $32.85M $451.20M $931.37M $613.12M $676.79M $370.28M $479.05M $281.47M
Sales of Securities - - $247.75M $388.25M $606.87M $181.33M $231.39M $132.84M $154.52M $94.17M $167.19M
Maturities of Securities $106.19M $65.58M $51.42M $56.18M $201.85M $279.37M $322.62M $138.36M $77.88M $70.85M $73.96M
Net Change in Loans - - - - - - $792.99M $512.36M $483.42M $670.00M $452.78M
Acquisitions - - - - - - - - - $-54.54M -
Investing Cash Flow $-1.26B $-773.82M $-252.42M $-344.43M $-446.44M $-1.47B $-1.55B $-1.01B $-575.58M $-635.33M $-451.85M
Net Change in Deposits - - $773.20M - - - - $883.52M $526.86M $425.74M $332.60M
Common Stock Repurchased $84.80M $46.89M $56.17M - - $25.44M $55.91M $19.04M $1.90M $1.28M $1.98M
Dividends Paid $144.69M $82.91M $81.62M $80.06M $72.75M $61.23M $56.54M $51.28M $41.66M $31.82M $22.20M
Financing Cash Flow $792.25M $486.72M $-38.82M $75.65M $133.84M $1.24B $1.36B $865.95M $379.68M $535.81M $370.74M
Net Change in Cash $-11.01M $-3.46M $-25.03M $-9.95M $-44.55M $-25.75M $15.70M $37.95M $-15.66M $26.98M -
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Interest Expense $101.43M $109.97M $288.26M $327.44M
Income Before Tax $65.28M $56.35M $193.62M $155.10M
Income Tax Expense $8.52M $7.16M $24.68M $18.05M
Net Income $56.77M $49.19M $168.94M $137.05M
Basic EPS 0.98 0.84 2.91 2.32
Diluted EPS 0.98 0.84 2.90 2.31
Diluted Shares Outstanding $57.45M $58.29M $57.82M $58.63M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Property Plant & Equipment $121.77M $129.74M
Goodwill $712.00M $712.00M
Intangible Assets $15.30M $19.83M
Total Assets $18.81B $18.31B
Total Liabilities $16.40B $16.01B
Common Stock $7.15M $7.25M
Retained Earnings $1.38B $1.27B
Total Stockholders Equity $2.41B $2.30B
Total Liabilities & Equity $18.81B $18.31B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $56.77M $49.19M $168.94M $137.05M
Depreciation & Amortization - - $23.72M $10.60M
Stock-based Compensation - - $4.92M $4.19M
Deferred Income Tax - - $-2.10M $3.13M
Operating Cash Flow - - $202.93M $198.71M
Sales of Investments - - $47.99M $33.35M
Investing Cash Flow - - $-473.07M $-885.00K
Debt Repayment - - $834.42M $499.54M
Stock Repurchased - - $36.48M $49.95M
Dividends Paid - - $62.09M $61.15M
Financing Cash Flow - - $270.60M $-225.75M
Net Change in Cash - - $463.00K $-27.93M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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