China CITIC Bank Corporation Limited (HKG:0998)

HKG:0998 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	297,980	309,791	317,692	313,609	306,165	298,006
Interest Paid on Deposits	152,708	163,112	174,153	162,962	158,269	147,491
Net Interest Income	145,272	146,679	143,539	150,647	147,896	150,515
Net Interest Income Growth (YoY)	1.63%	2.19%	-4.72%	1.86%	-1.74%	2.44%
Income From Trading Activities	592	-	-	-	5,168	3,354
Gain (Loss) on Sale of Assets	154	154	9	-32	-	-
Gain (Loss) on Sale of Investments	-3,361	-	-	-	14,874	11,935
Other Non-Interest Income	67,775	66,813	62,348	60,777	36,616	29,595
Total Non-Interest Income	65,160	66,967	62,357	60,745	56,658	44,884
Non-Interest Income Growth (YoY)	-0.84%	7.39%	2.65%	7.21%	26.23%	10.35%
Revenues Before Loan Losses	210,432	213,646	205,896	211,392	204,554	195,399
Provision for Loan Losses	56,245	61,045	61,926	71,359	77,005	82,477
Revenue	154,187	152,601	143,970	140,033	127,549	112,922
Revenue Growth (YoY)	5.02%	6.00%	2.81%	9.79%	12.95%	1.80%
Salaries and Employee Benefits	39,344	39,684	38,083	38,082	34,403	29,679
Occupancy Expenses	8,887	8,793	8,258	7,674	7,065	7,079
Amortization of Goodwill & Intangibles	1,913	1,913	1,983	1,582	1,155	1,006
Selling, General & Administrative	17,945	19,020	18,288	17,210	17,398	14,467
Other Non-Interest Expense	2,158	2,194	2,185	2,122	2,203	2,024
Total Non-Interest Expense	70,412	71,738	69,083	66,617	62,055	54,996
EBT Excluding Unusual Items	83,775	80,863	74,887	73,416	65,494	57,926
Asset Writedown	-41	-	-	-	23	-69
Pretax Income	83,734	80,863	74,887	73,416	65,517	57,857
Income Tax Expense	13,063	11,395	6,825	10,466	9,140	8,325
Earnings From Continuing Operations	70,671	69,468	68,062	62,950	56,377	49,532
Minority Interest in Earnings	-1,107	-892	-1,046	-847	-736	-552
Net Income	69,564	68,576	67,016	62,103	55,641	48,980
Preferred Dividends & Other Adjustments	5,514	4,788	4,788	4,788	3,010	3,010
Net Income to Common	64,050	63,788	62,228	57,315	52,631	45,970
Net Income Growth	4.70%	2.33%	7.91%	11.61%	13.60%	2.01%
Basic Shares Outstanding	54,426	52,389	48,954	48,935	48,935	48,935
Diluted Shares Outstanding	54,670	53,157	54,586	54,071	53,705	53,453
Shares Change (YoY)	1.79%	-2.62%	0.95%	0.68%	0.47%	1.90%
EPS (Basic)	1.18	1.22	1.27	1.17	1.08	0.94
EPS (Diluted)	1.17	1.20	1.14	1.06	0.98	0.86
EPS Growth	2.06%	5.26%	7.55%	8.16%	13.95%	-3.37%
Dividend Per Share	0.358	0.355	0.326	0.329	0.302	0.254
Dividend Growth	-29.91%	8.77%	-0.88%	8.94%	18.90%	6.28%
Effective Tax Rate	15.60%	14.09%	9.11%	14.26%	13.95%	14.39%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.