Bank of Beijing Co., Ltd. (SHA:601169)

Bank of Beijing Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	123,675	120,500	112,449	114,164	112,553
Interest Paid on Deposits	71,765	70,150	60,991	62,767	60,948
Net Interest Income	51,910	50,350	51,458	51,397	51,605
Net Interest Income Growth (YoY)	3.10%	-2.15%	0.12%	-0.40%	3.46%
Gain (Loss) on Sale of Assets	-	439	-	-	-
Gain (Loss) on Sale of Investments	903	751	-	-113	4
Gain (Loss) on Sale of Equity Investments	268	176	148	153	101
Other Non-Interest Income	16,836	14,995	14,670	14,838	12,589
Total Non-Interest Income	18,007	16,361	14,818	14,878	12,694
Non-Interest Income Growth (YoY)	10.06%	10.41%	-0.40%	17.21%	-4.21%
Revenues Before Loan Losses	69,917	66,711	66,276	66,275	64,299
Provision for Loan Losses	20,103	18,443	20,847	23,522	24,864
Revenue	49,814	48,268	45,429	42,753	39,435
Revenue Growth (YoY)	3.20%	6.25%	6.26%	8.41%	-2.83%
Selling, General & Administrative	20,370	19,269	17,599	16,543	14,192
Other Non-Interest Expense	944	887	886	913	707
Total Non-Interest Expense	21,314	20,156	18,485	17,456	14,899
EBT Excluding Unusual Items	28,500	28,112	26,944	25,297	24,536
Legal Settlements	-	-	-3	-47	-
Other Unusual Items	-57	-95	78	-72	-102
Pretax Income	28,443	28,017	27,019	25,178	24,434
Income Tax Expense	2,553	2,285	2,089	2,786	2,788
Earnings From Continuing Operations	25,890	25,732	24,930	22,392	21,646
Minority Interest in Earnings	-59	-108	-170	-166	-162
Net Income	25,831	25,624	24,760	22,226	21,484
Preferred Dividends & Other Adjustments	3,283	3,283	3,283	749	741
Net Income to Common	22,548	22,341	21,477	21,477	20,743
Net Income Growth	0.81%	3.49%	11.40%	3.45%	0.20%
Basic Shares Outstanding	21,100	21,100	21,100	21,100	21,143
Diluted Shares Outstanding	21,100	21,100	21,100	21,100	21,143
Shares Change (YoY)	-	-	-	-0.20%	0.20%
EPS (Basic)	1.07	1.06	1.02	1.02	0.98
EPS (Diluted)	1.07	1.06	1.02	1.02	0.98
EPS Growth	0.93%	4.02%	-	3.86%	-
Dividend Per Share	0.320	0.320	0.310	0.305	0.300
Dividend Growth	-	3.23%	1.64%	1.67%	-1.64%
Effective Tax Rate	8.98%	8.16%	7.73%	11.06%	11.41%

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Banks template. Financial Sources.