China Everbright Bank Company Limited (HKG: 6818)

China Everbright Bank Company Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	239,565	250,809	241,309	229,334	221,475	210,044
Interest Paid on Deposits	141,081	143,329	127,654	117,179	110,778	108,126
Net Interest Income	98,477	107,480	113,655	112,155	110,697	101,918
Net Interest Income Growth (YoY)	-10.54%	-5.43%	1.34%	1.32%	8.61%	30.39%
Gain (Loss) on Sale of Assets	-	-	-	94	-23	-25
Gain (Loss) on Sale of Investments	3,022	-971	866	-127	599	65
Gain (Loss) on Sale of Equity Investments	36	36	-63	-90	-5	-
Other Non-Interest Income	34,043	38,876	37,074	40,676	31,125	30,721
Total Non-Interest Income	37,175	37,941	37,877	40,553	31,696	30,761
Non-Interest Income Growth (YoY)	2.03%	0.17%	-6.60%	27.94%	3.04%	-3.69%
Revenues Before Loan Losses	135,652	145,421	151,532	152,708	142,393	132,679
Provision for Loan Losses	41,186	52,075	50,600	54,772	56,733	48,965
Revenue	94,466	93,346	100,932	97,936	85,660	83,714
Revenue Growth (YoY)	-6.61%	-7.52%	3.06%	14.33%	2.32%	12.58%
Selling, General & Administrative	41,042	41,042	42,279	42,805	37,651	36,218
Other Non-Interest Expense	1,762	2,735	2,758	2,512	2,273	2,326
Total Non-Interest Expense	42,864	43,823	45,057	45,540	39,924	38,544
EBT Excluding Unusual Items	51,602	49,523	55,875	52,396	45,736	45,170
Asset Writedown	-50	-30	-9	-23	-199	-
Other Unusual Items	264	264	100	568	-11	-7
Pretax Income	51,816	49,757	55,966	52,941	45,526	45,163
Income Tax Expense	10,054	8,681	10,926	9,302	7,598	7,722
Earnings From Continuing Operations	41,762	41,076	45,040	43,639	37,928	37,441
Minority Interest in Earnings	-246	-284	-233	-232	-93	-87
Net Income	41,516	40,792	44,807	43,407	37,835	37,354
Preferred Dividends & Other Adjustments	9,622	4,811	4,811	4,800	2,219	1,450
Net Income to Common	31,894	35,981	39,996	38,607	35,616	35,904
Net Income Growth	-9.56%	-8.96%	3.23%	14.73%	1.29%	10.98%
Basic Shares Outstanding	52,444	57,822	54,032	54,032	52,746	52,489
Diluted Shares Outstanding	53,043	59,306	60,849	60,468	60,059	59,753
Shares Change (YoY)	-10.92%	-2.54%	0.63%	0.68%	0.51%	-
EPS (Basic)	0.61	0.62	0.74	0.71	0.68	0.68
EPS (Diluted)	0.61	0.61	0.67	0.65	0.61	0.62
EPS Growth	-13.80%	-8.81%	2.92%	7.27%	-1.42%	11.28%
Dividend Per Share	0.277	0.173	0.190	0.201	0.210	0.214
Dividend Growth	45.79%	-8.95%	-5.47%	-4.29%	-1.87%	32.92%
Effective Tax Rate	19.40%	17.45%	19.52%	17.57%	16.69%	17.10%

Source: S&P Capital IQ. Banks template. Financial Sources.