PIPER SANDLER COMPANIES (PIPR) [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
Total interest income	20.4	7.0	13.2	26.7	32.7	32.0	33.1	41.6
Net interest income	20.4	7.0	13.2	26.7	32.7	32.0	33.1	41.6
Total non-interest income	1,009.5	1,553.2	858.5	629.4	589.0	633.8	490.3	414.1
Non-interest expenses	1,291.3	1,589.5	1,169.7	715.6	668.5	744.3	778.2	586.5
Pre-tax income before non-recurring items	134.4	441.5	68.5	119.0	72.5	79.3	52.0	97.1
Non-recurring items								10.7
Asset impairment							82.9
Pre-tax income	134.4	441.5	68.5	119.0	72.5	79.3	-30.9	86.4
Income taxes	33.2	111.1	19.2	24.6	18.0	53.8	-17.1	27.9
Tax rate	24.7%	25.2%	28.0%	20.7%	24.9%	67.8%	55.5%	32.3%
Minority interest	-9.5	51.9	8.9	6.5	-1.2	2.4	8.2	6.4
Earnings from continuing ops	110.7	278.5	40.5	107.2	50.0	-64.9	-22.0	48.1
Earnings from discontinued ops					0.0	0.0
Net income	110.7	278.5	40.5	107.2	50.0	-64.9	-22.0	48.1
Net margin	7.8%	13.7%	3.3%	12.8%	6.7%	-7.9%	-2.9%	7.1%

Basic EPS	$7.92	$19.52	$2.94	$7.91	$3.78	($5.07)	($1.73)	$3.34
Diluted EPS	$6.52	$16.43	$2.72	$7.69	$3.72	($5.00)	($1.72)	$3.34

Shares outstanding (basic)	14.0	14.3	13.8	13.6	13.2	12.8	12.7	14.4
Shares outstanding (diluted)	17.0	17.0	14.9	13.9	13.4	13.0	12.8	14.4

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