Bank of Hangzhou Co., Ltd. (SHA:600926)

Bank of Hangzhou 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	62,868	62,868	60,313	55,025	48,724	42,714
Interest Paid on Deposits	37,995	38,411	36,880	32,168	27,689	23,442
Net Interest Income	24,873	24,457	23,433	22,857	21,036	19,272
Net Interest Income Growth (YoY)	6.68%	4.37%	2.52%	8.66%	9.15%	22.10%
Gain (Loss) on Sale of Assets	0.67	-0.09	-2.93	42.93	0.76	-0.14
Gain (Loss) on Sale of Investments	544.62	-300.07	1,111	-120.87	141.3	-14.14
Gain (Loss) on Sale of Equity Investments	448.48	440.22	371.76	317.14	212.14	167.94
Other Non-Interest Income	12,415	13,450	9,635	9,513	7,971	5,380
Total Non-Interest Income	13,409	13,590	11,115	9,752	8,325	5,534
Non-Interest Income Growth (YoY)	16.75%	22.27%	13.98%	17.14%	50.44%	-1.62%
Revenues Before Loan Losses	38,282	38,047	34,548	32,609	29,361	24,806
Provision for Loan Losses	6,551	7,446	8,069	9,855	10,500	9,959
Revenue	31,731	30,601	26,478	22,753	18,861	14,847
Revenue Growth (YoY)	16.36%	15.57%	16.37%	20.64%	27.03%	8.81%
Selling, General & Administrative	11,298	11,286	10,293	9,760	8,017	6,535
Other Non-Interest Expense	392.21	389.47	366.07	323.17	264.03	247.99
Total Non-Interest Expense	11,690	11,676	10,659	10,083	8,228	6,758
EBT Excluding Unusual Items	20,040	18,926	15,819	12,670	10,633	8,089
Other Unusual Items	300.61	300.57	462.57	332.29	-38.3	-42.84
Pretax Income	20,341	19,226	16,282	13,003	10,595	8,046
Income Tax Expense	2,471	2,244	1,898	1,323	1,334	909.48
Earnings From Continuing Operations	17,870	16,983	14,383	11,679	9,261	7,136
Net Income	17,870	16,983	14,383	11,679	9,261	7,136
Preferred Dividends & Other Adjustments	687	687	687	807	807	520
Net Income to Common	17,183	16,296	13,696	10,872	8,454	6,616
Net Income Growth	16.97%	18.07%	23.15%	26.11%	29.77%	8.09%
Basic Shares Outstanding	5,978	5,942	5,930	5,930	5,930	5,664
Diluted Shares Outstanding	7,096	7,142	7,156	7,117	6,796	5,664
Shares Change (YoY)	-0.85%	-0.19%	0.55%	4.72%	20.00%	10.40%
EPS (Basic)	2.87	2.74	2.31	1.83	1.43	1.17
EPS (Diluted)	2.48	2.34	1.97	1.58	1.29	1.17
EPS Growth	18.32%	18.69%	24.49%	23.05%	10.17%	-1.46%
Dividend Per Share	0.650	0.650	0.520	0.400	0.350	0.350
Dividend Growth	25.00%	25.00%	30.00%	14.29%	-	-
Effective Tax Rate	12.15%	11.67%	11.66%	10.18%	12.59%	11.30%

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