CITIZENS FINANCIAL GROUP INC (CFG) [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Interest income:
Interest income on loans	4,253	4,719	5,441	5,010	4,249	3,653	3,211	3,012
Interest income on investments	487	519	642	672	625	584	621	619
	4,851	5,357	6,189	5,758	4,920	4,266	3,854	3,664
Interest expense:
Interest on deposits	160	509	1,155	785	441	270	237	156
Interest on borrowings					17	40	67	89
	339	771	1,575	1,226	747	508	452	363
Net interest income	4,512	4,586	4,614	4,532	4,173	3,758	3,402	3,301
Provision for loan losses		1,616	393	326	321	369	302	319
Net interest income after provision for loan losses	4,512	2,970	4,221	4,206	3,852	3,389	3,100	2,982
Deposit and loan fees	409	403	505	513	516	522	500	574
Credit and debit card fees	250	217	254	244	233	203	232	233
Gain on sale of investments, net							-7	-10
Other non-interest income	1,476	1,699	1,118	839	785	772	697	881
Total non-interest income	2,135	2,319	1,877	1,596	1,534	1,497	1,422	1,678
Non-interest expenses	4,081	3,991	3,847	3,619	3,474	3,352	3,259	3,392
Pre-tax income	2,977	1,298	2,251	2,183	1,912	1,534	1,263	1,268
Income taxes	658	241	460	462	260	489	423	403
Tax rate	22.1%	18.6%	20.4%	21.2%	13.6%	31.9%	33.5%	31.8%
Net income	2,206	950	1,718	1,692	1,638	1,031	833	865
Net margin	166.5%	18.0%	28.2%	29.2%	30.4%	21.1%	18.4%	18.6%

Basic EPS	$5.18	$2.22	$3.82	$3.53	$3.26	$1.97	$1.56	$1.55
Diluted EPS	$5.16	$2.22	$3.81	$3.52	$3.25	$1.97	$1.55	$1.55

Shares outstanding (basic)	426	427	450	479	502	522	536	557
Shares outstanding (diluted)	427	428	451	480	504	524	538	558

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.