Ping An Bank Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Interest Income on Loans	215,279	227,617	228,878	213,536	201,007	177,549	Upgrade
Interest Paid on Deposits	110,836	109,626	98,748	93,200	87,537	87,588	Upgrade
Net Interest Income	104,443	117,991	130,130	120,336	113,470	89,961	Upgrade
Net Interest Income Growth (YoY)	-18.85%	-9.33%	8.14%	6.05%	26.13%	20.36%	Upgrade
Gain (Loss) on Sale of Assets	100	144	180	12	57	-30	Upgrade
Other Non-Interest Income	48,757	46,564	49,585	49,035	40,015	48,027	Upgrade
Total Non-Interest Income	48,857	46,708	49,765	49,047	40,072	47,997	Upgrade
Non-Interest Income Growth (YoY)	2.68%	-6.14%	1.46%	22.40%	-16.51%	14.36%	Upgrade
Revenues Before Loan Losses	153,300	164,699	179,895	169,383	153,542	137,958	Upgrade
Provision for Loan Losses	49,846	59,017	71,341	72,619	69,611	58,471	Upgrade
Revenue	103,454	105,682	108,554	96,764	83,931	79,487	Upgrade
Revenue Growth (YoY)	-7.23%	-2.65%	12.18%	15.29%	5.59%	15.36%	Upgrade
Selling, General & Administrative	43,630	45,959	49,387	47,937	44,690	40,852	Upgrade
Other Non-Interest Expense	1,627	1,718	1,727	2,842	2,332	1,290	Upgrade
Total Non-Interest Expense	45,573	47,964	51,301	50,885	47,177	42,191	Upgrade
EBT Excluding Unusual Items	57,881	57,718	57,253	45,879	36,754	37,296	Upgrade
Asset Writedown	-	-	-	-	-	-1,056	Upgrade
Other Unusual Items	-119	-	-	-	-	-	Upgrade
Pretax Income	57,762	57,718	57,253	45,879	36,754	36,240	Upgrade
Income Tax Expense	10,815	11,263	11,737	9,543	7,826	8,045	Upgrade
Net Income	46,947	46,455	45,516	36,336	28,928	28,195	Upgrade
Preferred Dividends & Other Adjustments	2,849	2,849	2,849	2,849	1,694	874	Upgrade
Net Income to Common	44,098	43,606	42,667	33,487	27,234	27,321	Upgrade
Net Income Growth	-3.83%	2.06%	25.26%	25.61%	2.60%	13.61%	Upgrade
Basic Shares Outstanding	19,406	19,406	19,406	19,406	19,406	17,764	Upgrade
Diluted Shares Outstanding	19,406	19,406	19,406	19,406	19,406	19,219	Upgrade
Shares Change (YoY)	4.79%	-	-	-	0.97%	11.93%	Upgrade
EPS (Basic)	2.27	2.25	2.20	1.73	1.40	1.54	Upgrade
EPS (Diluted)	2.27	2.25	2.20	1.73	1.40	1.45	Upgrade
EPS Growth	-4.12%	2.20%	27.41%	23.26%	-3.36%	4.22%	Upgrade
Dividend Per Share	0.719	0.719	0.285	0.228	0.180	0.218	Upgrade
Dividend Growth	152.28%	152.28%	25.00%	26.67%	-17.43%	50.34%	Upgrade
Effective Tax Rate	18.72%	19.51%	20.50%	20.80%	21.29%	22.20%	Upgrade

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