Bank of Ningbo Co., Ltd. (SHE:002142)

Bank of Ningbo 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	104,889	102,585	90,766	78,731	67,762	56,789
Interest Paid on Deposits	54,324	54,592	49,859	41,210	35,065	28,930
Net Interest Income	50,565	47,993	40,907	37,521	32,697	27,859
Net Interest Income Growth (YoY)	15.23%	17.32%	9.02%	14.75%	17.37%	25.28%
Gain (Loss) on Sale of Assets	99	1	280	13	7	72
Gain (Loss) on Sale of Investments	4,828	4,573	2,756	1,975	1,040	-88
Other Non-Interest Income	13,841	14,037	17,652	18,378	19,037	13,268
Total Non-Interest Income	18,767	18,611	20,688	20,366	20,084	13,252
Non-Interest Income Growth (YoY)	-6.12%	-10.04%	1.58%	1.40%	51.55%	3.18%
Revenues Before Loan Losses	69,332	66,604	61,595	57,887	52,781	41,111
Provision for Loan Losses	12,869	10,679	8,940	10,431	12,354	8,667
Revenue	56,463	55,925	52,655	47,456	40,427	32,444
Revenue Growth (YoY)	3.89%	6.21%	10.96%	17.39%	24.61%	17.46%
Selling, General & Administrative	23,667	23,670	24,012	21,582	19,500	15,609
Other Non-Interest Expense	787	734	605	474	419	335
Total Non-Interest Expense	24,716	24,666	24,747	22,168	19,975	15,989
EBT Excluding Unusual Items	31,747	31,259	27,908	25,288	20,452	16,455
Asset Writedown	24	27	-10	-8	-7	-
Other Unusual Items	10	-	-	-	-	-
Pretax Income	31,781	31,286	27,898	25,280	20,445	16,455
Income Tax Expense	3,414	4,065	2,289	2,148	836	1,319
Earnings From Continuing Operations	28,367	27,221	25,609	23,132	19,609	15,136
Minority Interest in Earnings	-117	-94	-74	-57	-63	-86
Net Income	28,250	27,127	25,535	23,075	19,546	15,050
Preferred Dividends & Other Adjustments	1,022	1,022	757	757	757	753
Net Income to Common	27,228	26,105	24,778	22,318	18,789	14,297
Net Income Growth	7.67%	6.24%	10.66%	18.05%	29.87%	9.73%
Basic Shares Outstanding	6,604	6,604	6,604	6,604	6,008	5,881
Diluted Shares Outstanding	6,604	6,604	6,604	6,604	6,008	5,881
Shares Change (YoY)	0.01%	-	-	9.92%	2.16%	9.31%
EPS (Basic)	4.12	3.95	3.75	3.38	3.13	2.43
EPS (Diluted)	4.12	3.95	3.75	3.38	3.13	2.43
EPS Growth	6.77%	5.33%	10.96%	8.06%	28.70%	0.86%
Dividend Per Share	1.200	0.900	0.600	0.500	0.500	0.500
Dividend Growth	100.00%	50.00%	20.00%	-	-	-
Effective Tax Rate	10.74%	12.99%	8.21%	8.50%	4.09%	8.02%

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