China Banking Corporation (PSE:CBC)

China Banking Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	67,630	61,146	51,691	39,553	34,700	35,685
Interest Income on Investments	32,608	32,608	27,677	17,658	11,796	12,002
Total Interest Income	100,238	93,754	79,368	57,211	46,496	47,686
Interest Paid on Deposits	28,023	25,995	21,741	8,824	5,112	9,637
Interest Paid on Borrowings	4,221	4,221	4,100	2,797	2,300	3,658
Total Interest Expense	32,243	30,215	25,840	11,622	7,411	13,295
Net Interest Income	67,995	63,539	53,528	45,590	39,085	34,391
Net Interest Income Growth (YoY)	16.43%	18.70%	17.41%	16.64%	13.65%	32.01%
Trust Income	690.81	690.81	585.92	473.83	450.97	409.92
Income From Trading Activities	1,109	1,109	1,129	927.54	-64.01	3,234
Gain (Loss) on Sale of Assets	436.9	436.9	602.84	698.8	388.3	188.43
Gain (Loss) on Sale of Investments	-0.47	-0.47	0.08	1.92	4,064	2,187
Gain (Loss) on Sale of Equity Investments	757.36	757.36	435.08	285.06	-1.61	152.44
Other Non-Interest Income	3,763	-1,633	-2,609	7,530	4,665	3,314
Total Non-Interest Income	7,346	1,950	563.65	10,063	9,590	9,462
Non-Interest Income Growth (YoY)	-	246.00%	-94.40%	4.93%	1.35%	12.24%
Revenues Before Loan Losses	75,341	65,489	54,091	55,652	48,675	43,854
Provision for Loan Losses	9,123	3,315	1,246	9,013	8,877	8,869
Revenue	66,218	62,174	52,845	46,640	39,798	34,985
Revenue Growth (YoY)	20.60%	17.65%	13.31%	17.19%	13.76%	9.63%
Salaries and Employee Benefits	10,354	9,754	8,969	8,145	7,505	7,527
Occupancy Expenses	2,288	2,288	2,006	1,737	1,787	1,895
Selling, General & Administrative	5,835	5,435	4,765	4,438	4,200	3,559
Other Non-Interest Expense	14,264	12,877	10,972	9,703	8,581	8,419
Total Non-Interest Expense	32,841	30,354	26,712	24,022	22,074	21,400
EBT Excluding Unusual Items	33,377	31,820	26,133	22,617	17,725	13,584
Legal Settlements	-395.22	-395.22	-325.19	-332.03	-261.28	-121.72
Pretax Income	32,982	31,425	25,808	22,285	17,463	13,463
Income Tax Expense	6,588	6,614	3,790	3,150	2,357	1,391
Earnings From Continuing Operations	26,394	24,811	22,018	19,136	15,106	12,071
Minority Interest in Earnings	-7.91	-7.91	-7.43	-28.3	-17.89	-8.81
Net Income	26,386	24,803	22,011	19,108	15,088	12,063
Net Income to Common	26,386	24,803	22,011	19,108	15,088	12,063
Net Income Growth	16.63%	12.69%	15.19%	26.64%	25.08%	19.80%
Basic Shares Outstanding	2,691	2,691	2,691	2,691	2,688	2,686
Diluted Shares Outstanding	2,691	2,691	2,691	2,691	2,688	2,686
Shares Change (YoY)	-0.00%	-	0.00%	0.13%	0.07%	-
EPS (Basic)	9.80	9.22	8.18	7.10	5.61	4.49
EPS (Diluted)	9.80	9.22	8.18	7.10	5.61	4.49
EPS Growth	16.64%	12.69%	15.19%	26.47%	25.00%	19.80%
Dividend Per Share	-	1.500	1.200	1.000	1.000	1.000
Dividend Growth	-	25.00%	20.00%	-	-	-
Effective Tax Rate	19.97%	21.05%	14.69%	14.13%	13.50%	10.33%

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.