China Merchants Bank Co., Ltd. (CIHHF)

China Merchants Bank Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	-	374,271	375,610	353,380	327,056
Interest Paid on Deposits	-	162,994	160,941	135,145	123,137
Net Interest Income	215,593	211,277	214,669	218,235	203,919
Net Interest Income Growth (YoY)	2.04%	-1.58%	-1.63%	7.02%	10.21%
Gain (Loss) on Sale of Assets	-	-	168	282	113
Gain (Loss) on Sale of Investments	-	32,561	5,102	5,528	2,994
Gain (Loss) on Sale of Equity Investments	-	-	2,476	2,525	4,030
Other Non-Interest Income	121,939	90,651	116,708	118,213	120,197
Total Non-Interest Income	121,939	123,212	124,454	126,548	127,334
Non-Interest Income Growth (YoY)	-1.03%	-1.00%	-1.65%	-0.62%	20.75%
Revenues Before Loan Losses	337,532	334,489	339,123	344,783	331,253
Provision for Loan Losses	-	39,976	41,278	56,751	65,962
Revenue	337,532	294,513	297,845	288,032	265,291
Revenue Growth (YoY)	14.61%	-1.12%	3.41%	8.57%	17.59%
Selling, General & Administrative	-	30,371	111,786	113,375	109,727
Other Non-Interest Expense	158,280	88,122	9,396	9,501	7,545
Total Non-Interest Expense	158,539	115,861	121,227	122,919	117,118
EBT Excluding Unusual Items	178,993	178,652	176,618	165,113	148,173
Pretax Income	178,993	178,652	176,618	165,113	148,173
Income Tax Expense	28,812	29,093	28,612	25,819	27,339
Earnings From Continuing Operations	150,181	149,559	148,006	139,294	120,834
Minority Interest in Earnings	-	-1,168	-1,404	-1,282	-912
Net Income	150,181	148,391	146,602	138,012	119,922
Preferred Dividends & Other Adjustments	-	5,581	4,558	5,237	3,613
Net Income to Common	150,181	142,810	142,044	132,775	116,309
Net Income Growth	1.21%	1.22%	6.22%	15.09%	23.20%
Basic Shares Outstanding	26,348	25,220	25,220	25,220	25,220
Diluted Shares Outstanding	26,348	25,220	25,220	25,220	25,220
Shares Change (YoY)	4.47%	-	-	-	-
EPS (Basic)	5.70	5.66	5.63	5.26	4.61
EPS (Diluted)	5.70	5.66	5.63	5.26	4.61
EPS Growth	0.71%	0.53%	7.03%	14.10%	21.64%
Dividend Per Share	-	2.000	1.972	1.738	1.522
Dividend Growth	-	1.42%	13.46%	14.19%	21.47%
Effective Tax Rate	16.10%	16.29%	16.20%	15.64%	18.45%

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