Postal Savings Bank of China Co., Ltd. (PSBKF)

PSBKF 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	501,702	508,243	498,327	474,240	451,567	416,252
Interest Paid on Deposits	218,295	222,120	216,524	200,647	182,185	162,874
Net Interest Income	283,407	286,123	281,803	273,593	269,382	253,378
Net Interest Income Growth (YoY)	-0.20%	1.53%	3.00%	1.56%	6.32%	4.41%
Income From Trading Activities	3,518	4,185	4,460	3,673	3,286	3,259
Gain (Loss) on Sale of Assets	-	-	-	1	-32	-70
Gain (Loss) on Sale of Investments	34,891	32,617	26,961	22,479	23,687	15,922
Gain (Loss) on Sale of Equity Investments	25	25	18	3	-	-
Other Non-Interest Income	27,204	26,183	29,670	35,642	22,784	14,048
Total Non-Interest Income	65,638	63,010	61,109	61,798	49,725	33,159
Non-Interest Income Growth (YoY)	9.06%	3.11%	-1.11%	24.28%	49.96%	-3.69%
Revenues Before Loan Losses	349,045	349,133	342,912	335,391	319,107	286,537
Provision for Loan Losses	32,156	28,423	26,167	35,328	46,638	50,398
Revenue	316,889	320,710	316,745	300,063	272,469	236,139
Revenue Growth (YoY)	-0.86%	1.25%	5.56%	10.13%	15.38%	6.50%
Salaries and Employee Benefits	64,045	64,045	64,017	62,878	59,228	51,355
Occupancy Expenses	11,386	11,386	12,128	11,300	9,037	8,078
Selling, General & Administrative	-	-	-	30	30	-
Other Non-Interest Expense	148,374	150,687	149,001	134,491	122,720	108,570
Total Non-Interest Expense	223,805	226,118	225,146	208,699	191,015	168,003
EBT Excluding Unusual Items	93,084	94,592	91,599	91,364	81,454	68,136
Pretax Income	93,084	94,592	91,599	91,364	81,454	68,136
Income Tax Expense	6,963	7,876	5,175	6,009	4,922	3,818
Earnings From Continuing Operations	86,121	86,716	86,424	85,355	76,532	64,318
Minority Interest in Earnings	-322	-237	-154	-131	-362	-119
Net Income	85,799	86,479	86,270	85,224	76,170	64,199
Preferred Dividends & Other Adjustments	6,342	6,342	5,316	6,708	5,276	2,584
Net Income to Common	79,457	80,137	80,954	78,516	70,894	61,615
Net Income Growth	-0.14%	0.24%	1.23%	11.89%	18.65%	5.36%
Basic Shares Outstanding	99,533	99,161	97,527	92,384	91,033	86,914
Diluted Shares Outstanding	99,533	99,161	97,527	92,384	91,033	86,914
Shares Change (YoY)	0.42%	1.68%	5.57%	1.48%	4.74%	6.85%
EPS (Basic)	0.80	0.81	0.83	0.85	0.78	0.71
EPS (Diluted)	0.80	0.81	0.83	0.85	0.78	0.71
EPS Growth	-1.82%	-2.64%	-2.33%	9.13%	9.85%	-1.31%
Dividend Per Share	-	0.262	0.261	0.258	0.247	0.208
Dividend Growth	-	0.23%	1.20%	4.24%	18.66%	-0.81%
Effective Tax Rate	7.48%	8.33%	5.65%	6.58%	6.04%	5.60%

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