WELLS FARGO & COMPANY (WFC) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Interest income:
Interest income on loans	37,715	28,634	34,230	44,218	43,974	41,388	39,505	36,575
Interest income on investments								8,937
Interest income on trading account								1,971
	54,024	39,694	47,919	66,155	64,647	58,909	53,663	49,277
Interest expense:
Interest on deposits	2,349	388	2,804	8,635	5,622	3,013	1,395	963
	21,089	8,623	19,172	46,864	35,513	22,133	12,171	3,976
Net interest income	44,950	35,779	39,956	47,303	49,995	49,557	47,754	45,301
Provision for loan losses	1,534	-4,155	14,129	2,687	1,744	2,528	3,770	2,442
Net interest income after provision for loan losses	43,416	39,934	25,827	44,616	48,251	47,029	43,984	42,859
Deposit and loan fees								5,168
Credit and debit card fees	4,355	4,175	3,544	4,016	3,907			3,720
Gain on sale of investments, net						479	942	952
Other non-interest income	24,480	38,538	30,764	35,513	32,506	38,353	39,571	30,916
Total non-interest income	28,835	42,713	34,308	39,529	36,413	38,832	40,513	40,756
Non-interest expenses	57,282	53,831	57,630	58,178	56,126	58,484	52,377	49,974
Equity in earnings								2,230
Pre-tax income before non-recurring items	14,974	29,334	4,004	25,967	28,538	27,377	32,120	33,641
Non-recurring items	5	518	1,499
Pre-tax income	14,969	28,816	2,505	25,967	28,538	27,377	32,120	33,641
Income taxes	2,087	5,578	-1,157	5,761	5,662	4,917	10,075	10,365
Tax rate	13.9%	19.4%		22.2%	19.8%	18.0%	31.4%	30.8%
Minority interest	-300	1,690	285	491	483	277	107	382
Net income	12,067	20,256	1,786	18,103	20,689	20,554	20,373	21,470
Net margin	16.7%	24.5%	3.0%	21.5%	24.4%	23.9%	24.1%	25.7%

Basic EPS	$3.17	$4.99	$0.43	$4.12	$4.31	$4.14	$4.03	$4.18
Diluted EPS	$3.14	$4.95	$0.43	$4.09	$4.28	$4.10	$3.99	$4.12

Shares outstanding (basic)	3,805	4,062	4,118	4,393	4,800	4,965	5,053	5,137
Shares outstanding (diluted)	3,837	4,096	4,134	4,425	4,838	5,017	5,108	5,210

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