Bank of Communications Co., Ltd. (BCMXY)

Bank of Communications 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	444,462	451,712	459,861	418,067	377,646	369,101
Interest Paid on Deposits	273,584	281,880	295,738	248,185	215,953	215,765
Net Interest Income	170,878	169,832	164,123	169,882	161,693	153,336
Net Interest Income Growth (YoY)	3.54%	3.48%	-3.39%	5.07%	5.45%	6.42%
Income From Trading Activities	-	-	-	-	-	13,844
Gain (Loss) on Sale of Assets	1,027	878	793	739	454	166
Gain (Loss) on Sale of Investments	27,125	27,125	26,026	-	-	1,177
Gain (Loss) on Sale of Equity Investments	-	-	-	-	-	222
Other Non-Interest Income	60,111	61,991	66,651	86,175	107,243	77,799
Total Non-Interest Income	88,032	89,763	93,409	86,906	107,413	93,208
Non-Interest Income Growth (YoY)	-4.72%	-3.90%	7.48%	-19.09%	15.24%	6.18%
Revenues Before Loan Losses	258,910	259,595	257,532	256,788	269,106	246,544
Provision for Loan Losses	50,772	52,567	56,908	60,411	66,371	62,059
Revenue	208,138	207,028	200,624	196,377	202,735	184,485
Revenue Growth (YoY)	3.30%	3.19%	2.16%	-3.14%	9.89%	2.54%
Selling, General & Administrative	93,510	92,945	91,172	86,030	83,653	9,518
Other Non-Interest Expense	9,976	9,323	9,014	10,591	23,293	88,206
Total Non-Interest Expense	103,241	102,144	99,919	96,373	106,740	97,723
EBT Excluding Unusual Items	104,897	104,884	100,705	100,004	95,995	86,762
Asset Writedown	-1,238	-1,409	-1,007	-1,889	-2,036	-305
Legal Settlements	-	-	-	-	-	-32
Pretax Income	103,659	103,475	99,698	98,115	93,959	86,425
Income Tax Expense	9,064	9,246	6,446	6,160	5,020	6,855
Earnings From Continuing Operations	94,595	94,229	93,252	91,955	88,939	79,570
Minority Interest in Earnings	-625	-643	-524	147	-1,358	-1,296
Net Income	93,970	93,586	92,728	92,102	87,581	78,274
Preferred Dividends & Other Adjustments	7,464	7,464	7,473	7,483	5,613	4,394
Net Income to Common	86,506	86,122	85,255	84,619	81,968	73,880
Net Income Growth	0.95%	0.92%	0.68%	5.16%	11.89%	1.29%
Basic Shares Outstanding	74,545	74,263	74,263	74,263	74,263	74,263
Diluted Shares Outstanding	74,545	74,263	74,263	74,263	74,263	74,263
EPS (Basic)	1.16	1.16	1.15	1.14	1.10	0.99
EPS (Diluted)	1.16	1.16	1.15	1.14	1.10	0.99
EPS Growth	0.27%	1.02%	0.75%	3.59%	10.57%	-0.52%
Dividend Per Share	0.379	0.379	0.375	0.373	0.355	0.317
Dividend Growth	1.07%	1.07%	0.54%	5.07%	11.99%	0.64%
Effective Tax Rate	8.74%	8.94%	6.46%	6.28%	5.34%	7.93%

Updated Mar 21, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.