Qilu Bank Co., Ltd. (SHA: 601665)

Qilu Bank 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	20,571	19,612	17,980	15,880	13,346	11,772
Interest Paid on Deposits	11,836	10,735	9,405	8,395	6,933	5,895
Net Interest Income	8,735	8,877	8,575	7,485	6,414	5,878
Net Interest Income Growth (YoY)	-3.90%	3.53%	14.56%	16.71%	9.12%	5.08%
Gain (Loss) on Sale of Assets	3.9	-7.95	-3.64	403.62	-4.24	131.02
Gain (Loss) on Sale of Investments	124.5	-	-	-	-	-
Gain (Loss) on Sale of Equity Investments	132.18	152.13	122.61	103.24	90.98	81.41
Other Non-Interest Income	3,110	2,696	2,275	2,122	1,429	1,309
Total Non-Interest Income	3,370	2,840	2,393	2,629	1,516	1,521
Non-Interest Income Growth (YoY)	31.07%	18.67%	-8.94%	73.38%	-0.32%	91.42%
Revenues Before Loan Losses	12,105	11,718	10,968	10,114	7,930	7,399
Provision for Loan Losses	3,928	4,145	4,151	4,051	2,726	2,455
Revenue	8,177	7,573	6,817	6,063	5,204	4,944
Revenue Growth (YoY)	9.87%	11.09%	12.44%	16.52%	5.25%	7.05%
Selling, General & Administrative	3,295	3,146	2,917	2,660	2,277	2,170
Other Non-Interest Expense	291.07	239.52	143.77	135.93	84.38	111.1
Total Non-Interest Expense	3,595	3,385	3,061	2,796	2,361	2,281
EBT Excluding Unusual Items	4,583	4,188	3,757	3,267	2,842	2,663
Other Unusual Items	224.9	224.9	112.22	72.89	40.8	53.68
Pretax Income	4,808	4,413	3,869	3,340	2,883	2,716
Income Tax Expense	83.94	143.94	237.9	267.67	338.33	359.12
Earnings From Continuing Operations	4,724	4,269	3,631	3,072	2,545	2,357
Minority Interest in Earnings	15.11	-35.33	-43.54	-36.61	-25.91	-19.53
Net Income	4,739	4,234	3,587	3,036	2,519	2,338
Preferred Dividends & Other Adjustments	255	255	255	237	102	102
Net Income to Common	4,484	3,979	3,332	2,799	2,417	2,236
Net Income Growth	18.55%	18.02%	18.17%	20.52%	7.74%	8.61%
Basic Shares Outstanding	4,769	4,592	4,581	4,352	4,123	4,123
Diluted Shares Outstanding	5,959	5,952	4,694	4,352	4,123	4,123
Shares Change (YoY)	6.59%	26.79%	7.87%	5.56%	-	-
EPS (Basic)	0.94	0.87	0.73	0.64	0.59	0.54
EPS (Diluted)	0.78	0.70	0.71	0.64	0.59	0.54
EPS Growth	16.23%	-2.22%	11.39%	9.18%	8.56%	8.58%
Dividend Per Share	0.220	0.220	0.186	0.184	0.180	0.157
Dividend Growth	18.28%	18.28%	1.09%	2.22%	14.65%	0%
Effective Tax Rate	1.75%	3.26%	6.15%	8.01%	11.74%	13.22%

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