China Construction Bank Corporation (CICHY)

China Construction Bank 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	1,241,557	1,247,366	1,170,573	1,057,334	989,509
Interest Income on Investments	6,576	5,712	6,135	-	-
Total Interest Income	1,248,133	1,253,078	1,176,708	1,057,334	989,509
Interest Paid on Deposits	651,675	630,133	526,904	451,914	413,600
Net Interest Income	596,458	622,945	649,804	605,420	575,909
Net Interest Income Growth (YoY)	-4.25%	-4.13%	7.33%	5.12%	7.23%
Income From Trading Activities	4,739	5,685	3,632	-	-
Gain (Loss) on Sale of Investments	14,869	724	-8,740	-	-
Gain (Loss) on Sale of Equity Investments	-	-	-	1,603	895
Other Non-Interest Income	123,506	129,763	125,246	217,223	179,054
Total Non-Interest Income	143,114	136,172	120,138	218,826	179,949
Non-Interest Income Growth (YoY)	5.10%	13.35%	-45.10%	21.60%	6.75%
Revenues Before Loan Losses	739,572	759,117	769,942	824,246	755,858
Provision for Loan Losses	120,700	136,774	154,535	167,949	193,491
Revenue	618,872	622,343	615,407	656,297	562,367
Revenue Growth (YoY)	-0.56%	1.13%	-6.23%	16.70%	3.64%
Salaries and Employee Benefits	133,760	128,018	125,150	-	-
Occupancy Expenses	32,025	32,450	33,558	-	-
Amortization of Goodwill & Intangibles	3,385	3,495	3,140	-	-
Selling, General & Administrative	46,346	47,708	49,984	209,863	179,308
Other Non-Interest Expense	8,522	8,530	8,633	67,657	45,813
Total Non-Interest Expense	223,454	219,050	219,271	277,884	225,751
EBT Excluding Unusual Items	395,418	403,293	396,136	378,413	336,616
Other Unusual Items	-11,002	-13,502	-12,432	-	-
Pretax Income	384,377	389,377	383,699	378,412	336,616
Income Tax Expense	48,095	56,917	58,836	74,484	63,037
Earnings From Continuing Operations	336,282	332,460	324,863	303,928	273,579
Minority Interest in Earnings	-705	193	-136	-1,415	-2,529
Net Income	335,577	332,653	324,727	302,513	271,050
Preferred Dividends & Other Adjustments	7,108	5,110	4,538	4,538	5,624
Net Income to Common	328,469	327,543	320,189	297,975	265,426
Net Income Growth	0.88%	2.44%	7.34%	11.61%	1.62%
Basic Shares Outstanding	250,011	250,011	250,011	250,011	250,011
Diluted Shares Outstanding	250,011	250,011	250,011	250,011	250,011
EPS (Basic)	1.31	1.31	1.28	1.19	1.06
EPS (Diluted)	1.31	1.31	1.28	1.19	1.06
EPS Growth	-	2.34%	7.56%	12.26%	0.85%
Dividend Per Share	0.403	0.400	0.389	0.364	0.326
Dividend Growth	0.75%	2.83%	6.87%	11.66%	1.88%
Effective Tax Rate	12.51%	14.62%	15.33%	19.68%	18.73%

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Banks template. Financial Sources.