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Income Statement
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SUSQUEHANNA BANCSHARES INC (SUSQ)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07
   10-K10-K10-K10-K10-K10-K10-K10-K
    Interest income:  
        Interest income on loans  592.5627.8642.2517.0538.7554.0590.4 
        Interest income on investments  50.255.263.973.770.885.399.072.1
       650.4688.4710.6594.8613.7643.8697.1526.2
        Interest on borrowings  9.29.89.738.844.644.457.632.1
    Total interest expense  96.8102.4119.4161.6110.5235.0298.832.1
Net interest income  553.6585.9591.2433.2426.5408.8398.3275.9
Provision for loan losses  25.231.064.0110.0163.0188.063.8 
Net interest income after provision for loan losses  528.4554.9527.2323.2263.5220.8334.5 
        Deposit and loan fees  37.137.034.431.734.537.346.331.4
        Gain on sale of investments, net  3.4-1.41.43.9-3.9-1.1-17.3 
        Other non-interest income  138.1148.1130.9147.1121.6127.6113.3 
Total non-interest income  178.6183.7166.8182.7152.1163.7142.3120.7
Non-interest expenses  503.1490.8490.0460.2382.7382.5367.2277.0
Pre-tax income before non-recurring items  211.6255.3229.569.941.87.2113.797.8
Non-recurring items  7.77.425.524.38.85.24.2 
Pre-tax income  203.9247.8204.045.633.02.0109.697.8
Income taxes  59.574.262.8-9.3-3.4-10.627.028.7
            Tax rate  29.2%29.9%30.8%   24.6%29.3%
Net income  144.4173.7141.254.916.3-4.081.80.1
            Net margin  20.4%23.5%20.3%10.9%3.9%-1.0%17.2%0.0%
   
Basic EPS  $0.78$0.93$0.77$0.40$0.13($0.05)$0.95$1.23
Diluted EPS  $0.78$0.92$0.77$0.40$0.13($0.05)$0.95$1.23
   
Shares outstanding (basic)  185.4186.9182.9136.5121.086.386.00.1
Shares outstanding (diluted)  186.3187.8183.6136.9121.186.386.00.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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