SCHWAB CHARLES CORP (SCHW) [Rocket]

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	8,506.0	6,531.0	7,580.0	6,680.0	4,624.0	3,493.0	2,657.0	2,374.0
Total interest expense	-476.0	-418.0	-1,064.0	-857.0	-342.0	-171.0	-132.0	-102.0
Net interest income	8,030.0	6,113.0	6,516.0	5,823.0	4,282.0	3,322.0	2,525.0	2,272.0
Net interest income after provision for loan losses	8,030.0	6,113.0	6,516.0	5,823.0	4,282.0	3,322.0	2,525.0	2,272.0
Gain on sale of investments, net								-1.0
Total non-interest income								-1.0
Non-interest expenses	10,807.0	7,391.0	5,873.0	5,570.0	4,968.0	4,485.0	4,101.0	3,943.0
Pre-tax income before non-recurring items	7,821.0	4,486.0	4,848.0	4,562.0	3,650.0	2,993.0	2,279.0	2,115.0
Non-recurring items	108.0	186.0
Pre-tax income	7,713.0	4,300.0	4,848.0	4,562.0	3,650.0	2,993.0	2,279.0	2,115.0
Income taxes	1,858.0	1,001.0	1,144.0	1,055.0	1,296.0	1,104.0	832.0	794.0
Tax rate	24.1%	23.3%	23.6%	23.1%	35.5%	36.9%	36.5%	37.5%
Net income	5,360.0	3,043.0	3,526.0	3,329.0	2,180.0	1,746.0	1,364.0	1,261.0
Net margin	28.9%	26.0%	32.9%	32.9%	25.3%	23.3%	21.4%	20.8%

Basic EPS	$2.84	$2.13	$2.69	$2.47	$1.63	$1.32	$1.04	$0.97
Diluted EPS	$2.83	$2.12	$2.67	$2.45	$1.61	$1.31	$1.03	$0.96

Shares outstanding (basic)	1,887.0	1,429.0	1,311.0	1,348.0	1,339.0	1,324.0	1,315.0	1,303.0
Shares outstanding (diluted)	1,897.0	1,435.0	1,320.0	1,361.0	1,353.0	1,334.0	1,327.0	1,315.0

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