KEYCORP /NEW (KEY) [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	4,241	3,532	3,866	4,267	4,023	3,677	2,773	2,149
Interest income on investments	752	546	484	537
Interest income on trading account								21
	97	28	18	61	46	26	22	8
Interest expense:
Interest on deposits	279	67	347	853	517	278	171	105
	885	296	651	3,488	2,434	1,489	961	274
Net interest income	4,527	4,071	4,034	3,909	3,909	3,777	2,919	2,348
Provision for loan losses	502	-418	1,021	445	246	229	266	166
Net interest income after provision for loan losses	4,025	4,489	3,013	3,464	3,663	3,548	2,653	2,182
Deposit and loan fees	350	337	311	337	349	357	302	256
Credit and debit card fees								183
Other non-interest income	2,368	2,857	2,341	2,122	2,166	2,121	1,769	1,441
Total non-interest income	2,718	3,194	2,652	2,459	2,515	2,478	2,071	1,880
Non-interest expenses	4,410	4,429	4,109	3,901	3,975	4,098	3,756	2,840
Equity in earnings								51
Pre-tax income	2,333	3,254	1,556	2,022	2,203	1,928	968	1,222
Income taxes	422	642	227	314	344	637	179	303
Tax rate	18.1%	19.7%	14.6%	15.5%	15.6%	33.0%	18.5%	24.8%
Minority interest						2	-1	4
Earnings from continuing ops	1,793	2,506	1,223	1,611	1,793	1,219	753	892
Earnings from discontinued ops	6	13	14	9	7	7	1	1
Net income	1,799	2,519	1,237	1,620	1,800	1,226	754	893
Net margin	26.7%	32.8%	21.8%	27.4%	29.1%	20.3%	16.0%	22.0%

Basic EPS	$1.94	$2.65	$1.26	$1.62	$1.72	$1.14	$0.81	$1.07
Diluted EPS	$1.92	$2.62	$1.25	$1.61	$1.70	$1.12	$0.80	$1.06

Shares outstanding (basic)	924	947	968	992	1,041	1,072	928	837
Shares outstanding (diluted)	933	957	975	1,002	1,055	1,089	939	844

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