PROVIDENT FINANCIAL SERVICES INC (PFS) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-05-18	Dec-31-17	Dec-05-17
	10-K	10-K	10-K	10-K	10-K	8-K	10-K	8-K
Interest income:
	466.2	402.3	363.3	371.5	359.8	359.8	323.8	323.8
Interest expense:
Interest on deposits	38.7	26.5	33.6	45.5	30.7		19.4
Interest on borrowings	9.3	8.6	16.6	28.0	28.5	28.5		26.2
	136.0	99.1	1,892.8	192.5	149.0	59.2	110.7	45.6
Net interest income	417.6	366.0	312.6	298.0	300.7	300.7	278.2	278.2
Provision for loan losses	8.4	-24.3	29.7		23.7	23.7	5.6	5.6
Net interest income after provision for loan losses	409.2	390.4	282.9	298.0	277.0	277.0	272.6	272.6
Other non-interest income	87.8	86.8	72.4	63.8	58.7	58.7	55.7	55.7
Total non-interest income	87.8	86.8	72.4	63.8	58.7	58.7	55.7	55.7
Non-interest expenses	256.8	250.1	227.7	201.6	191.7	191.7	187.8	187.8
Pre-tax income	240.1	227.1	127.6	147.1	143.9	143.9	140.5	140.5
Income taxes	64.5	59.2	30.6	34.5	25.5	25.5	46.5	46.5
Tax rate	26.8%	26.1%	24.0%	23.4%	17.7%	17.7%	33.1%	33.1%
Net income	175.6	167.9	97.0	112.6	118.4	118.4	93.9	93.9
Net margin	35.3%	35.2%	27.3%	272.4%	35.3%	35.3%	28.6%	28.6%

Basic EPS	$2.35	$2.20	$1.39	$1.74	$1.82	$1.82	$1.46	$1.46
Diluted EPS	$2.35	$2.19	$1.39	$1.74	$1.82	$1.82	$1.45	$1.45

Shares outstanding (basic)	74.7	76.5	69.5	64.6	64.9	64.9	64.4	64.4
Shares outstanding (diluted)	74.8	76.6	69.6	64.7	65.1	65.1	64.6	64.6

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