Bank of Nanjing Co., Ltd. (SHA: 601009)

Bank of Nanjing 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	77,447	74,748	68,945	64,260	58,482	55,309
Interest Paid on Deposits	52,266	49,297	41,975	37,157	34,789	33,856
Net Interest Income	25,181	25,452	26,970	27,103	23,694	21,454
Net Interest Income Growth (YoY)	-4.61%	-5.63%	-0.49%	14.39%	10.44%	-0.52%
Gain (Loss) on Sale of Assets	0.04	7.03	-1.85	-6.38	-0.12	1.56
Gain (Loss) on Sale of Investments	853.03	387.3	357.48	107.29	5.57	0.02
Gain (Loss) on Sale of Equity Investments	870.77	833.93	739.55	435.2	587.66	516.49
Other Non-Interest Income	20,082	17,710	16,020	13,064	10,004	10,340
Total Non-Interest Income	21,806	18,938	17,115	13,600	10,598	10,858
Non-Interest Income Growth (YoY)	19.88%	10.66%	25.85%	28.33%	-2.40%	88.55%
Revenues Before Loan Losses	46,987	44,390	44,085	40,703	34,291	32,311
Provision for Loan Losses	9,490	8,770	8,842	9,128	8,499	8,092
Revenue	37,497	35,620	35,243	31,575	25,793	24,220
Revenue Growth (YoY)	3.68%	1.07%	11.62%	22.42%	6.49%	16.18%
Selling, General & Administrative	13,939	13,762	13,271	11,957	9,807	8,887
Other Non-Interest Expense	864.94	773.87	703.4	617.77	580.47	524.83
Total Non-Interest Expense	14,813	14,538	13,973	12,610	10,388	9,412
EBT Excluding Unusual Items	22,684	21,082	21,270	18,964	15,405	14,807
Asset Writedown	-2.11	-2.11	-	-	-	-
Other Unusual Items	1,034	793.82	469.43	220.01	96.61	85.54
Pretax Income	23,717	21,874	21,739	19,184	15,501	14,893
Income Tax Expense	3,689	3,244	3,195	3,219	2,291	2,327
Earnings From Continuing Operations	20,027	18,630	18,544	15,966	13,210	12,567
Minority Interest in Earnings	-147.04	-128.4	-135.92	-108.99	-109.45	-113.02
Net Income	19,880	18,502	18,408	15,857	13,101	12,453
Preferred Dividends & Other Adjustments	1,106	1,106	441.64	433.14	419.42	419.42
Net Income to Common	18,775	17,396	17,966	15,424	12,681	12,034
Net Income Growth	6.19%	0.51%	16.09%	21.04%	5.20%	12.47%
Basic Shares Outstanding	10,352	10,344	10,196	10,007	9,499	8,482
Diluted Shares Outstanding	12,173	12,143	11,979	11,087	9,499	8,482
Shares Change (YoY)	1.24%	1.36%	8.05%	16.72%	11.98%	-
EPS (Basic)	1.81	1.68	1.76	1.54	1.34	1.42
EPS (Diluted)	1.58	1.47	1.54	1.42	1.34	1.42
EPS Growth	1.24%	-4.54%	8.69%	6.04%	-5.90%	12.96%
Dividend Per Share	0.883	0.537	0.534	0.462	0.393	0.392
Dividend Growth	65.38%	0.52%	15.66%	17.46%	0.26%	0%
Effective Tax Rate	15.55%	14.83%	14.70%	16.78%	14.78%	15.62%

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