Industrial Bank Co., Ltd. (SHA:601166)

Industrial Bank 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	336,253	343,835	349,079	328,746	315,158	303,478
Interest Paid on Deposits	187,666	195,728	202,576	183,473	169,479	159,963
Net Interest Income	148,587	148,107	146,503	145,273	145,679	143,515
Net Interest Income Growth (YoY)	0.19%	1.09%	0.85%	-0.28%	1.51%	17.36%
Gain (Loss) on Sale of Assets	117	115	29	12	-6	3
Gain (Loss) on Sale of Investments	5,457	4,498	4,216	4,584	1,360	716
Gain (Loss) on Sale of Equity Investments	148	151	18	190	213	154
Other Non-Interest Income	55,084	58,700	59,422	71,835	73,381	58,239
Total Non-Interest Income	60,806	63,464	63,685	76,621	74,948	59,112
Non-Interest Income Growth (YoY)	-5.32%	-0.35%	-16.88%	2.23%	26.79%	0.78%
Revenues Before Loan Losses	209,393	211,571	210,188	221,894	220,627	202,627
Provision for Loan Losses	58,357	60,180	60,974	48,592	66,841	75,301
Revenue	151,036	151,391	149,214	173,302	153,786	127,326
Revenue Growth (YoY)	3.10%	1.46%	-13.90%	12.69%	20.78%	3.64%
Selling, General & Administrative	62,061	62,203	62,608	64,843	55,468	48,262
Other Non-Interest Expense	2,613	2,646	3,109	2,777	3,728	3,027
Total Non-Interest Expense	64,670	64,849	65,717	67,620	59,196	51,289
EBT Excluding Unusual Items	86,366	86,542	83,497	105,682	94,590	76,037
Other Unusual Items	688	578	832	539	720	600
Pretax Income	87,054	87,120	84,329	106,221	95,310	76,637
Income Tax Expense	9,914	9,629	6,675	13,807	11,494	8,956
Earnings From Continuing Operations	77,140	77,491	77,654	92,414	83,816	67,681
Minority Interest in Earnings	-475	-286	-538	-1,037	-1,136	-1,055
Net Income	76,665	77,205	77,116	91,377	82,680	66,626
Preferred Dividends & Other Adjustments	4,212	4,212	4,212	4,212	4,260	2,549
Net Income to Common	72,453	72,993	72,904	87,165	78,420	64,077
Net Income Growth	0.43%	0.11%	-15.61%	10.52%	24.10%	1.15%
Basic Shares Outstanding	20,747	20,774	20,774	20,774	20,774	20,774
Diluted Shares Outstanding	23,053	23,021	22,921	22,816	20,774	20,774
Shares Change (YoY)	0.68%	0.44%	0.46%	9.83%	-	-
EPS (Basic)	3.49	3.51	3.51	4.20	3.77	3.08
EPS (Diluted)	3.20	3.23	3.24	3.87	3.77	3.08
EPS Growth	-0.17%	-0.26%	-16.49%	2.77%	22.40%	-0.62%
Dividend Per Share	1.060	1.060	1.040	1.188	1.035	0.802
Dividend Growth	1.92%	1.92%	-12.46%	14.78%	29.05%	5.25%
Effective Tax Rate	11.39%	11.05%	7.92%	13.00%	12.06%	11.69%

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