In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Interest income: |
Interest income on loans | 591.1 | 517.5 | 463.8 | 433.8 | 423.2 | 413.1 | 434.9 | 411.8 |
Interest income on investments | 71.9 | 63.6 | 59.7 | 57.5 | 62.3 | 66.5 | 70.8 | 65.8 |
| 665.0 | 582.2 | 524.4 | 492.2 | 487.0 | 481.1 | 507.9 | 478.7 |
Interest expense: |
Interest on deposits | 58.6 | 47.1 | 42.0 | 20.2 | 21.8 | | | |
Interest on borrowings | | | | 30.5 | 23.8 | 21.9 | | 42.1 |
| 82.6 | 67.8 | 69.7 | 71.2 | 67.1 | 74.0 | 107.0 | 153.7 |
Net interest income | 582.4 | 514.4 | 454.7 | 421.1 | 419.9 | 407.1 | 401.0 | 325.0 |
Provision for loan losses | 33.7 | 14.8 | 12.0 | 31.8 | 71.4 | 132.9 | 194.5 | 199.4 |
Net interest income after provision for loan losses | 548.7 | 499.6 | 442.7 | 389.3 | 348.5 | 274.2 | 206.4 | 125.6 |
Gain on sale of investments, net | 1.1 | 1.3 | 0.5 | 1.2 | -0.2 | 5.8 | 12.2 | 7.4 |
Other non-interest income | 146.6 | 128.7 | 117.1 | 112.8 | 111.2 | 92.5 | 81.1 | 64.1 |
Total non-interest income | 147.8 | 130.0 | 117.6 | 114.0 | 111.0 | 98.2 | 93.2 | 71.5 |
Non-interest expenses | 372.5 | 333.2 | 312.1 | 303.3 | 327.1 | 302.3 | 299.6 | 247.4 |
Pre-tax income | 324.0 | 296.4 | 248.2 | 199.9 | 132.4 | 70.2 | 0.1 | -50.4 |
Income taxes | 115.6 | 111.1 | 95.1 | 77.0 | 54.5 | 25.7 | -1.7 | -20.6 |
Tax rate | 35.7% | 37.5% | 38.3% | 38.5% | 41.2% | 36.6% | | 40.8% |
Minority interest | | | | | | 0.2 | 0.3 | 0.2 |
Net income | 208.4 | 185.3 | 153.1 | 122.9 | 64.5 | 30.7 | -12.1 | -42.5 |
Net margin | 29.9% | 29.4% | 27.3% | 24.4% | 14.0% | 8.2% | -4.0% | -21.6% |
|
Basic EPS | $2.64 | $2.38 | $1.99 | $1.61 | $0.90 | $0.44 | ($0.17) | ($0.95) |
Diluted EPS | $2.59 | $2.34 | $1.97 | $1.60 | $0.89 | $0.43 | ($0.17) | ($0.95) |
|
Shares outstanding (basic) | 78.9 | 78.0 | 77.0 | 76.4 | 72.0 | 70.4 | 70.0 | 44.5 |
Shares outstanding (diluted) | 80.5 | 79.2 | 77.8 | 76.6 | 72.2 | 70.6 | 70.0 | 44.5 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |