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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	61,612	60,313	55,025	48,724	42,714	38,954
Interest Paid on Deposits	38,125	36,880	32,168	27,689	23,442	23,170
Net Interest Income	23,487	23,433	22,857	21,036	19,272	15,784
Net Interest Income Growth (YoY)	-1.29%	2.52%	8.66%	9.15%	22.10%	12.80%
Gain (Loss) on Sale of Assets	-1.42	-2.93	42.93	0.76	-0.14	-0.36
Gain (Loss) on Sale of Investments	1,043	1,111	-120.87	141.3	-14.14	-5.07
Gain (Loss) on Sale of Equity Investments	409.17	371.76	317.14	212.14	167.94	7.02
Other Non-Interest Income	10,620	9,635	9,513	7,971	5,380	5,623
Total Non-Interest Income	12,071	11,115	9,752	8,325	5,534	5,625
Non-Interest Income Growth (YoY)	23.34%	13.98%	17.13%	50.44%	-1.62%	83.71%
Revenues Before Loan Losses	35,558	34,548	32,609	29,361	24,806	21,409
Provision for Loan Losses	7,015	8,069	9,855	10,500	9,959	7,763
Revenue	28,543	26,478	22,753	18,861	14,847	13,645
Revenue Growth (YoY)	12.46%	16.37%	20.64%	27.03%	8.81%	23.55%
Selling, General & Administrative	10,529	10,293	9,760	8,017	6,535	6,147
Other Non-Interest Expense	375.86	366.07	323.17	264.03	247.99	189.72
Total Non-Interest Expense	10,905	10,659	10,083	8,228	6,758	6,337
EBT Excluding Unusual Items	17,638	15,819	12,670	10,633	8,089	7,309
Other Unusual Items	435.66	462.57	332.29	-38.3	-42.84	7.71
Pretax Income	18,074	16,282	13,003	10,595	8,046	7,316
Income Tax Expense	2,020	1,898	1,323	1,334	909.48	714.16
Earnings From Continuing Operations	16,054	14,383	11,679	9,261	7,136	6,602
Net Income	16,054	14,383	11,679	9,261	7,136	6,602
Preferred Dividends & Other Adjustments	687	687	807	807	520	520
Net Income to Common	15,367	13,696	10,872	8,454	6,616	6,082
Net Income Growth	19.69%	23.15%	26.11%	29.77%	8.09%	21.99%
Basic Shares Outstanding	5,930	5,930	5,930	5,930	5,664	5,130
Diluted Shares Outstanding	7,175	7,156	7,117	6,796	5,664	5,130
Shares Change (YoY)	0.59%	0.54%	4.72%	20.00%	10.40%	-
EPS (Basic)	2.59	2.31	1.83	1.43	1.17	1.19
EPS (Diluted)	2.20	1.97	1.58	1.29	1.17	1.19
EPS Growth	20.61%	24.49%	23.05%	10.17%	-1.46%	24.79%
Dividend Per Share	0.520	0.520	0.400	0.350	0.350	0.350
Dividend Growth	30.00%	30.00%	14.29%	0%	0%	40.00%
Effective Tax Rate	11.18%	11.66%	10.18%	12.59%	11.30%	9.76%

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