China Everbright Bank Company Limited (SHA: 601818)

China Everbright Bank Company 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	245,309	250,809	241,309	229,334	221,475	210,044
Interest Paid on Deposits	144,451	143,329	127,654	117,179	110,778	108,126
Net Interest Income	100,858	107,480	113,655	112,155	110,697	101,918
Net Interest Income Growth (YoY)	-9.72%	-5.43%	1.34%	1.32%	8.61%	30.39%
Gain (Loss) on Sale of Assets	2	-	-	94	-23	-25
Gain (Loss) on Sale of Investments	8,033	-971	866	-127	599	65
Gain (Loss) on Sale of Equity Investments	24	36	-63	-90	-5	-
Other Non-Interest Income	28,242	38,876	37,074	40,676	31,125	30,721
Total Non-Interest Income	37,986	37,941	37,877	40,553	31,696	30,761
Non-Interest Income Growth (YoY)	0.44%	0.17%	-6.60%	27.94%	3.04%	-3.69%
Revenues Before Loan Losses	138,844	145,421	151,532	152,708	142,393	132,679
Provision for Loan Losses	45,735	52,075	50,600	54,772	56,733	48,965
Revenue	93,109	93,346	100,932	97,936	85,660	83,714
Revenue Growth (YoY)	-8.14%	-7.52%	3.06%	14.33%	2.32%	12.58%
Selling, General & Administrative	41,711	41,042	42,279	42,805	37,651	36,218
Other Non-Interest Expense	1,404	2,735	2,758	2,512	2,273	2,326
Total Non-Interest Expense	43,136	43,823	45,057	45,540	39,924	38,544
EBT Excluding Unusual Items	49,973	49,523	55,875	52,396	45,736	45,170
Asset Writedown	-30	-30	-9	-23	-199	-
Other Unusual Items	216	264	100	568	-11	-7
Pretax Income	50,159	49,757	55,966	52,941	45,526	45,163
Income Tax Expense	8,692	8,681	10,926	9,302	7,598	7,722
Earnings From Continuing Operations	41,467	41,076	45,040	43,639	37,928	37,441
Minority Interest in Earnings	-260	-284	-233	-232	-93	-87
Net Income	41,207	40,792	44,807	43,407	37,835	37,354
Preferred Dividends & Other Adjustments	2,081	4,811	4,811	4,800	2,219	1,450
Net Income to Common	39,126	35,981	39,996	38,607	35,616	35,904
Net Income Growth	-9.59%	-8.96%	3.23%	14.73%	1.29%	10.98%
Basic Shares Outstanding	62,831	57,822	54,032	54,032	52,746	52,489
Diluted Shares Outstanding	63,420	59,306	60,849	60,468	60,059	59,753
Shares Change (YoY)	12.23%	-2.54%	0.63%	0.68%	0.51%	-
EPS (Basic)	0.62	0.62	0.74	0.71	0.68	0.68
EPS (Diluted)	0.62	0.61	0.67	0.65	0.61	0.62
EPS Growth	-9.60%	-8.81%	2.92%	7.27%	-1.42%	11.28%
Dividend Per Share	0.173	0.173	0.190	0.201	0.210	0.214
Dividend Growth	-8.95%	-8.95%	-5.47%	-4.29%	-1.87%	32.92%
Effective Tax Rate	17.33%	17.45%	19.52%	17.57%	16.69%	17.10%

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