Wuxi Rural Commercial Bank Co.,Ltd (SHA:600908)

SHA:600908 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	8,031	8,157	8,218	7,908	7,773	7,068
Interest Paid on Deposits	4,546	4,714	4,758	4,421	4,269	3,790
Net Interest Income	3,485	3,442	3,461	3,488	3,504	3,277
Net Interest Income Growth (YoY)	0.66%	-0.53%	-0.78%	-0.46%	6.92%	10.56%
Gain (Loss) on Sale of Assets	0.5	47.25	139.39	11.43	-	-
Gain (Loss) on Sale of Investments	548.02	415.35	122.37	147.1	82	65.56
Gain (Loss) on Sale of Equity Investments	189.59	190.58	197.86	175.83	156.13	83.8
Other Non-Interest Income	517.67	599.54	520.8	541.71	583.28	461.61
Total Non-Interest Income	1,256	1,253	980.42	876.07	821.41	610.97
Non-Interest Income Growth (YoY)	20.65%	27.77%	11.91%	6.65%	34.44%	6.93%
Revenues Before Loan Losses	4,741	4,695	4,441	4,364	4,325	3,888
Provision for Loan Losses	761.87	738.27	650.79	817.46	1,285	1,311
Revenue	3,979	3,957	3,790	3,547	3,040	2,578
Revenue Growth (YoY)	3.42%	4.40%	6.87%	16.66%	17.94%	1.63%
Selling, General & Administrative	1,447	1,453	1,460	1,388	1,250	1,056
Other Non-Interest Expense	38.48	38.37	37.22	36.27	37.39	33.63
Total Non-Interest Expense	1,485	1,491	1,501	1,426	1,292	1,094
EBT Excluding Unusual Items	2,494	2,466	2,289	2,120	1,748	1,484
Other Unusual Items	27.8	27.8	97.81	119.73	25.91	11.31
Pretax Income	2,522	2,493	2,387	2,240	1,774	1,495
Income Tax Expense	251.14	240.22	179.49	228.19	156.26	173.07
Earnings From Continuing Operations	2,271	2,253	2,208	2,012	1,618	1,322
Minority Interest in Earnings	-0.17	-1.08	-7.32	-10.86	-37.85	-10.35
Net Income	2,271	2,252	2,200	2,001	1,580	1,312
Preferred Dividends & Other Adjustments	99	99	99	99	75	-
Net Income to Common	2,172	2,153	2,101	1,902	1,505	1,312
Net Income Growth	0.84%	2.35%	9.96%	26.65%	20.47%	4.96%
Basic Shares Outstanding	2,188	2,191	2,151	1,865	1,860	1,848
Diluted Shares Outstanding	2,188	2,191	2,689	2,403	2,328	2,308
Shares Change (YoY)	-15.58%	-18.52%	11.91%	3.21%	0.86%	0.54%
EPS (Basic)	0.99	0.98	0.98	1.02	0.81	0.71
EPS (Diluted)	0.99	0.98	0.82	0.83	0.69	0.61
EPS Growth	13.34%	19.12%	-1.40%	21.09%	12.85%	4.36%
Dividend Per Share	0.220	0.220	0.200	0.200	0.180	0.180
Dividend Growth	10.00%	10.00%	-	11.11%	-	-
Effective Tax Rate	9.96%	9.63%	7.52%	10.19%	8.81%	11.58%

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