In millions, except per share items | Jun-30-23 | Jun-30-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 | Dec-31-20 | Sep-30-20 | Jun-30-20 |
| 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-K | 10-Q | 10-Q |
Interest income: |
Interest income on loans | 423.3 | 199.9 | 170.8 | 174.6 | 174.2 | 185.9 | 182.6 | 191.9 |
Interest income on investments | 51.8 | 34.7 | 28.9 | 23.4 | 23.2 | 24.0 | 28.2 | 30.7 |
| 481.2 | 237.0 | 201.7 | 200.3 | 199.3 | 211.7 | 213.1 | 224.8 |
Interest expense: |
Interest on deposits | 162.2 | 8.0 | 3.7 | 4.4 | 4.6 | 7.8 | 10.0 | 13.2 |
Interest on borrowings | | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 223.3 | 20.8 | 15.0 | 16.6 | 19.7 | 23.7 | 30.9 | 35.0 |
Net interest income | 257.9 | 216.1 | 186.8 | 183.7 | 179.5 | 188.0 | 182.2 | 189.9 |
Provision for loan losses | 22.1 | 0.0 | -6.0 | -24.0 | -35.0 | 17.0 | 43.0 | 61.0 |
Net interest income after provision for loan losses | 235.8 | 216.1 | 192.8 | 207.7 | 214.5 | 171.0 | 139.1 | 128.9 |
Other non-interest income | 65.5 | 75.5 | 81.5 | 82.1 | 73.4 | 85.7 | 75.5 | 254.5 |
Total non-interest income | 65.5 | 75.5 | 81.5 | 82.1 | 73.4 | 85.7 | 75.5 | 254.5 |
Non-interest expenses | 190.7 | 181.4 | 182.2 | 177.9 | 174.5 | 172.9 | 227.6 | 183.4 |
Pre-tax income before non-recurring items | 110.4 | 111.9 | 93.1 | 111.9 | 113.5 | 91.3 | -12.9 | 200.0 |
Non-recurring items | -0.3 | 1.7 | 1.0 | | | 7.4 | | |
Pre-tax income | 110.7 | 110.2 | 92.0 | 111.9 | 113.5 | 83.9 | -12.9 | 200.0 |
Income taxes | 23.5 | 23.4 | 15.2 | 23.1 | 22.5 | 16.9 | -58.1 | 51.2 |
Tax rate | 21.3% | 21.2% | 16.5% | 20.6% | 19.8% | 20.1% | 450.5% | 25.6% |
Net income | 84.3 | 83.9 | 74.0 | 84.7 | 86.1 | 61.8 | 40.0 | 144.6 |
Net margin | 28.0% | 28.8% | 27.0% | 29.2% | 29.9% | 24.1% | 18.6% | 37.7% |
|
Basic EPS | $0.56 | $0.56 | $0.49 | $0.56 | $0.57 | $0.40 | $0.26 | $0.95 |
Diluted EPS | $0.56 | $0.56 | $0.49 | $0.56 | $0.56 | $0.40 | $0.26 | $0.94 |
|
Shares outstanding (basic) | 150.0 | 149.1 | 150.8 | 150.0 | 152.0 | 153.0 | 152.4 | 152.4 |
Shares outstanding (diluted) | 150.9 | 150.2 | 152.0 | 151.1 | 153.4 | 153.6 | 153.2 | 153.2 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |