Bank of Ningbo Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	-	102,585	90,766	78,731	67,762
Interest Paid on Deposits	-	54,592	49,859	41,210	35,065
Net Interest Income	71,968	47,993	40,907	37,521	32,697
Net Interest Income Growth (YoY)	49.95%	17.32%	9.02%	14.75%	17.37%
Gain (Loss) on Sale of Assets	-	1	280	13	7
Gain (Loss) on Sale of Investments	-	4,573	2,756	1,975	1,040
Other Non-Interest Income	-	14,037	17,652	18,378	19,037
Total Non-Interest Income	-	18,611	20,688	20,366	20,084
Non-Interest Income Growth (YoY)	-	-10.04%	1.58%	1.40%	51.55%
Revenues Before Loan Losses	71,968	66,604	61,595	57,887	52,781
Provision for Loan Losses	-	10,679	8,940	10,431	12,354
Revenue	71,968	55,925	52,655	47,456	40,427
Revenue Growth (YoY)	28.69%	6.21%	10.96%	17.39%	24.61%
Selling, General & Administrative	-	23,670	24,012	21,582	19,500
Other Non-Interest Expense	39,628	734	605	474	419
Total Non-Interest Expense	39,808	24,666	24,747	22,168	19,975
EBT Excluding Unusual Items	32,160	31,259	27,908	25,288	20,452
Asset Writedown	-	27	-10	-8	-7
Pretax Income	32,160	31,286	27,898	25,280	20,445
Income Tax Expense	2,827	4,065	2,289	2,148	836
Earnings From Continuing Operations	29,333	27,221	25,609	23,132	19,609
Minority Interest in Earnings	-	-94	-74	-57	-63
Net Income	29,333	27,127	25,535	23,075	19,546
Preferred Dividends & Other Adjustments	-	1,022	757	757	757
Net Income to Common	29,333	26,105	24,778	22,318	18,789
Net Income Growth	8.13%	6.24%	10.66%	18.05%	29.87%
Basic Shares Outstanding	6,838	6,604	6,604	6,604	6,008
Diluted Shares Outstanding	6,838	6,604	6,604	6,604	6,008
Shares Change (YoY)	3.54%	-	-	9.92%	2.16%
EPS (Basic)	4.29	3.95	3.75	3.38	3.13
EPS (Diluted)	4.29	3.95	3.75	3.38	3.13
EPS Growth	8.61%	5.33%	10.96%	8.06%	28.70%
Dividend Per Share	-	0.900	0.600	0.500	0.500
Dividend Growth	-	50.00%	20.00%	-	-
Effective Tax Rate	8.79%	12.99%	8.21%	8.50%	4.09%

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