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 |
Total interest income | 466.1 | 339.5 | 315.9 | 251.8 | 156.2 | 116.2 | 106.8 | 106.7 |
Total interest expense | 212.0 | 169.2 | 186.4 | 153.8 | 90.1 | 63.6 | | |
Net interest income | 254.1 | 170.2 | 129.5 | 98.0 | 66.1 | 55.1 | 106.8 | 106.7 |
Provision for loan losses | | | | | | | | -0.3 |
Net interest income after provision for loan losses | 254.1 | 170.2 | 129.5 | 98.0 | 66.1 | 55.1 | 106.8 | 107.0 |
Other non-interest income | 333.1 | 264.3 | 219.8 | 233.1 | 190.5 | 94.5 | 27.9 | 34.3 |
Total non-interest income | 333.1 | 264.3 | 219.8 | 233.1 | 190.5 | 94.5 | 27.9 | 34.3 |
Equity in earnings | 34.6 | 76.2 | 10.6 | 1.2 | -3.0 | 13.0 | 12.3 | -0.2 |
Pre-tax income before non-recurring items | 331.5 | 155.8 | 141.2 | 130.2 | 87.4 | 83.1 | 56.6 | 93.3 |
Non-recurring items | | | | -8.2 | | 21.5 | 3.1 | |
Asset impairment | | | 1.0 | | 3.2 | | | 0.3 |
Pre-tax income | 331.5 | 155.8 | 140.2 | 138.3 | 84.2 | 61.7 | 53.4 | 93.0 |
Income taxes | -46.3 | -40.4 | -15.0 | -9.7 | -13.4 | -0.8 | 0.0 | 0.0 |
Tax rate | | | | | | | 0.0% | 0.0% |
Minority interest | 38.5 | 25.2 | 26.6 | 32.2 | 24.1 | 12.1 | | |
Net income | 317.4 | 163.4 | 121.1 | 108.3 | 65.8 | 42.8 | 45.9 | 85.8 |
Net margin | 54.1% | 37.6% | 34.7% | 32.7% | 25.7% | 26.0% | 165.8% | 60.7% |
|
Basic EPS | $2.30 | $1.44 | $1.30 | $1.54 | $1.14 | $0.83 | $0.90 | $1.71 |
Diluted EPS | $2.03 | $1.22 | $1.04 | $1.16 | $0.82 | $0.83 | $0.90 | $1.70 |
|
Shares outstanding (basic) | 137.8 | 113.8 | 92.9 | 70.2 | 57.9 | 51.3 | 50.9 | 50.1 |
Shares outstanding (diluted) | 156.1 | 134.0 | 116.2 | 93.6 | 80.3 | 51.7 | 51.0 | 50.4 |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |