China Everbright Bank Company Limited (HKG:6818)

HKG:6818 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	234,007	250,809	241,309	229,334	221,475
Interest Paid on Deposits	137,341	143,329	127,654	117,179	110,778
Net Interest Income	96,666	107,480	113,655	112,155	110,697
Net Interest Income Growth (YoY)	-10.06%	-5.43%	1.34%	1.32%	8.61%
Gain (Loss) on Sale of Assets	-	-	-	94	-23
Gain (Loss) on Sale of Investments	-	-971	866	-127	599
Gain (Loss) on Sale of Equity Investments	-	36	-63	-90	-5
Other Non-Interest Income	38,749	38,876	37,074	40,676	31,125
Total Non-Interest Income	38,749	37,941	37,877	40,553	31,696
Non-Interest Income Growth (YoY)	2.13%	0.17%	-6.60%	27.94%	3.04%
Revenues Before Loan Losses	135,415	145,421	151,532	152,708	142,393
Provision for Loan Losses	40,522	52,075	50,600	54,772	56,733
Revenue	94,893	93,346	100,932	97,936	85,660
Revenue Growth (YoY)	1.66%	-7.52%	3.06%	14.33%	2.33%
Selling, General & Administrative	40,365	41,042	42,279	42,805	37,651
Other Non-Interest Expense	2,670	2,735	2,758	2,512	2,273
Total Non-Interest Expense	43,376	43,823	45,057	45,540	39,924
EBT Excluding Unusual Items	51,517	49,523	55,875	52,396	45,736
Asset Writedown	-43	-30	-9	-23	-199
Other Unusual Items	-	264	100	568	-11
Pretax Income	51,474	49,757	55,966	52,941	45,526
Income Tax Expense	9,563	8,681	10,926	9,302	7,598
Earnings From Continuing Operations	41,911	41,076	45,040	43,639	37,928
Minority Interest in Earnings	-215	-284	-233	-232	-93
Net Income	41,696	40,792	44,807	43,407	37,835
Preferred Dividends & Other Adjustments	-	4,811	4,811	4,800	2,219
Net Income to Common	41,696	35,981	39,996	38,607	35,616
Net Income Growth	2.22%	-8.96%	3.23%	14.73%	1.29%
Basic Shares Outstanding	67,252	57,822	54,032	54,032	52,746
Diluted Shares Outstanding	67,252	59,306	60,849	60,468	60,059
Shares Change (YoY)	13.40%	-2.54%	0.63%	0.68%	0.51%
EPS (Basic)	0.62	0.62	0.74	0.71	0.68
EPS (Diluted)	0.62	0.61	0.67	0.65	0.61
EPS Growth	1.43%	-8.81%	2.92%	7.27%	-1.42%
Dividend Per Share	-	0.173	0.190	0.201	0.210
Dividend Growth	-	-8.95%	-5.47%	-4.29%	-1.87%
Effective Tax Rate	18.58%	17.45%	19.52%	17.57%	16.69%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.