Bank of Hangzhou Co., Ltd. (SHA: 600926)

Bank of Hangzhou Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	62,531	60,313	55,025	48,724	42,714	38,954
Interest Paid on Deposits	38,417	36,880	32,168	27,689	23,442	23,170
Net Interest Income	24,114	23,433	22,857	21,036	19,272	15,784
Net Interest Income Growth (YoY)	2.63%	2.52%	8.66%	9.15%	22.10%	12.80%
Gain (Loss) on Sale of Assets	-0.44	-2.93	42.93	0.76	-0.14	-0.36
Gain (Loss) on Sale of Investments	-323.96	1,111	-120.87	141.3	-14.14	-5.07
Gain (Loss) on Sale of Equity Investments	428.11	371.76	317.14	212.14	167.94	7.02
Other Non-Interest Income	11,143	9,635	9,513	7,971	5,380	5,623
Total Non-Interest Income	11,247	11,115	9,752	8,325	5,534	5,625
Non-Interest Income Growth (YoY)	7.28%	13.98%	17.13%	50.44%	-1.62%	83.71%
Revenues Before Loan Losses	35,361	34,548	32,609	29,361	24,806	21,409
Provision for Loan Losses	6,334	8,069	9,855	10,500	9,959	7,763
Revenue	29,027	26,478	22,753	18,861	14,847	13,645
Revenue Growth (YoY)	8.53%	16.37%	20.64%	27.03%	8.81%	23.55%
Selling, General & Administrative	10,648	10,293	9,760	8,017	6,535	6,147
Other Non-Interest Expense	386.84	366.07	323.17	264.03	247.99	189.72
Total Non-Interest Expense	11,029	10,659	10,083	8,228	6,758	6,337
EBT Excluding Unusual Items	17,997	15,819	12,670	10,633	8,089	7,309
Other Unusual Items	699.45	462.57	332.29	-38.3	-42.84	7.71
Pretax Income	18,697	16,282	13,003	10,595	8,046	7,316
Income Tax Expense	2,135	1,898	1,323	1,334	909.48	714.16
Earnings From Continuing Operations	16,562	14,383	11,679	9,261	7,136	6,602
Net Income	16,562	14,383	11,679	9,261	7,136	6,602
Preferred Dividends & Other Adjustments	687	687	807	807	520	520
Net Income to Common	15,875	13,696	10,872	8,454	6,616	6,082
Net Income Growth	17.49%	23.15%	26.11%	29.77%	8.09%	21.99%
Basic Shares Outstanding	5,906	5,930	5,930	5,930	5,664	5,130
Diluted Shares Outstanding	7,199	7,156	7,117	6,796	5,664	5,130
Shares Change (YoY)	1.21%	0.54%	4.72%	20.00%	10.40%	-
EPS (Basic)	2.69	2.31	1.83	1.43	1.17	1.19
EPS (Diluted)	2.26	1.97	1.58	1.29	1.17	1.19
EPS Growth	17.56%	24.49%	23.05%	10.17%	-1.46%	24.79%
Dividend Per Share	0.890	0.520	0.400	0.350	0.350	0.350
Dividend Growth	122.50%	30.00%	14.29%	0%	0%	40.00%
Effective Tax Rate	11.42%	11.66%	10.18%	12.59%	11.30%	9.76%

Source: S&P Capital IQ. Banks template. Financial Sources.