China CITIC Bank Corporation Limited (CHBJF)

CHBJF 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	311,999	317,692	313,609	306,165	298,006	288,152
Interest Paid on Deposits	167,728	174,153	162,962	158,269	147,491	141,227
Net Interest Income	144,271	143,539	150,647	147,896	150,515	146,925
Net Interest Income Growth (YoY)	-2.87%	-4.72%	1.86%	-1.74%	2.44%	30.12%
Income From Trading Activities	-	-	-	5,168	3,354	-
Gain (Loss) on Sale of Assets	186	9	-32	-	-	3
Gain (Loss) on Sale of Investments	-	-	-	14,874	11,935	-
Gain (Loss) on Sale of Equity Investments	-	-	-	-	-	102
Other Non-Interest Income	67,421	62,348	60,777	36,616	29,595	40,569
Total Non-Interest Income	67,607	62,357	60,745	56,658	44,884	40,674
Non-Interest Income Growth (YoY)	15.25%	2.65%	7.21%	26.23%	10.35%	-23.04%
Revenues Before Loan Losses	211,878	205,896	211,392	204,554	195,399	187,599
Provision for Loan Losses	60,942	61,926	71,359	77,005	82,477	76,679
Revenue	150,936	143,970	140,033	127,549	112,922	110,920
Revenue Growth (YoY)	4.00%	2.81%	9.79%	12.95%	1.80%	2.82%
Salaries and Employee Benefits	38,083	38,083	38,082	34,403	29,679	-
Occupancy Expenses	8,258	8,258	7,674	7,065	7,079	-
Amortization of Goodwill & Intangibles	1,983	1,983	1,582	1,155	1,006	-
Selling, General & Administrative	21,957	18,288	17,210	17,398	14,467	51,964
Other Non-Interest Expense	1,959	2,185	2,122	2,203	2,024	1,854
Total Non-Interest Expense	72,687	69,083	66,617	62,055	54,996	54,360
EBT Excluding Unusual Items	78,249	74,887	73,416	65,494	57,926	56,560
Asset Writedown	-	-	-	23	-69	-15
Pretax Income	78,249	74,887	73,416	65,517	57,857	56,545
Income Tax Expense	9,918	6,825	10,466	9,140	8,325	7,551
Earnings From Continuing Operations	68,331	68,062	62,950	56,377	49,532	48,994
Minority Interest in Earnings	-922	-1,046	-847	-736	-552	-979
Net Income	67,409	67,016	62,103	55,641	48,980	48,015
Preferred Dividends & Other Adjustments	4,788	4,788	4,788	3,010	3,010	1,330
Net Income to Common	62,621	62,228	57,315	52,631	45,970	46,685
Net Income Growth	1.47%	7.91%	11.61%	13.60%	2.01%	7.87%
Basic Shares Outstanding	51,340	48,954	48,935	48,935	48,935	48,935
Diluted Shares Outstanding	53,465	54,586	54,071	53,705	53,453	52,455
Shares Change (YoY)	-0.52%	0.95%	0.68%	0.47%	1.90%	6.89%
EPS (Basic)	1.22	1.27	1.17	1.08	0.94	0.95
EPS (Diluted)	1.17	1.14	1.06	0.98	0.86	0.89
EPS Growth	2.12%	7.55%	8.16%	13.95%	-3.37%	1.14%
Dividend Per Share	0.510	0.325	0.329	0.302	0.254	0.239
Dividend Growth	54.88%	-1.26%	8.94%	18.90%	6.28%	3.91%
Effective Tax Rate	12.67%	9.11%	14.26%	13.95%	14.39%	13.35%

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