Agricultural Bank of China Limited

SEHK-1288

OverviewFinancialsInvestor RelationsEstimatesOwnershipIndustryDividendsModelingFilings

Income Statement	Dec '14	Dec '15	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Interest Income On Loans				873,140	930,932	1,008,014	1,108,464	1,223,698	1,266,665
Interest Income, Total				873,140	930,932	1,008,014	1,108,464	1,223,698	1,266,665
Interest On Deposits				372,270	385,853	430,027	518,581	651,948	694,488
Interest Expense, Total				372,270	385,853	430,027	518,581	651,948	694,488
Net Interest Income				500,870	545,079	577,987	589,883	571,750	572,177
Income From Trading Activities				19,067	16,405	14,241	5,519	23,124	23,068
Gain (Loss) on Sale of Assets				1,017	1,172	1,032	900	1,037	936
Gain (Loss) on Sale of Invest. & Securities				5,793	-7,311	15,046	6,069	17,802	22,207
Total Other Non Interest Income				102,603	103,987	113,440	92,912	81,755	78,426
Non Interest Income, Total				128,480	114,253	143,759	105,400	123,718	124,637
Revenues Before Provison For Loan Losses				629,350	659,332	721,746	695,283	695,468	696,814
Provision For Loan Losses				138,605	164,699	165,886	145,266	135,707	134,353
Total Revenues				490,745	494,633	555,860	550,017	559,761	562,461
Total Revenues % Chg.				5.3%	0.8%	12.4%	-1.1%	1.8%	1.2%
Salaries And Other Employee Benefits				124,206	123,340	137,938	145,603	151,615	151,615
Occupancy Expense				18,711	19,551	19,797	20,745	21,621	21,621
Selling General & Admin Expenses, Total				48,246	49,452	61,558	61,554	62,047	62,047
(Income) Loss on Equity Invest.	—			-45	-518	-409	-66	-189	3
Total Other Non Interest Expense				32,990	37,753	41,081	15,690	17,235	18,241
Non Interest Expense, Total				224,108	229,578	259,965	243,526	252,329	253,527
EBT, Excl. Unusual Items				266,637	265,055	295,895	306,491	307,432	308,934
Restructuring Charges				-61	-5	-15	-38	-13	-13
Asset Writedown		—	—	—	—	—	—	—	—
EBT, Incl. Unusual Items				266,576	265,050	295,880	306,453	307,419	308,921
Income Tax Expense				53,652	48,650	53,944	47,587	37,599	36,438
Earnings From Continuing Operations				212,924	216,400	241,936	258,866	269,820	272,483
Minority Interest				-826	-475	-753	366	-464	-469
Net Income				212,098	215,925	241,183	259,232	269,356	272,014
Preferred Dividend and Other Adjustments	—			4,600	9,530	13,798	17,239	16,063	17,999
Net Income to Common Incl Extra Items				207,498	206,395	227,385	241,993	253,293	254,015
Net Income to Common Excl. Extra Items				207,498	206,395	227,385	241,993	253,293	254,015
Total Shares Outstanding				349,983	349,983	349,983	349,983	349,983	349,983
Weighted Avg. Shares Outstanding				349,983	349,983	349,983	349,983	349,983	349,983
Weighted Avg. Shares Outstanding Dil				349,983	349,983	349,983	349,983	349,983	349,983
EPS				0.6	0.6	0.6	0.7	0.7	0.7
EPS Diluted				0.6	0.6	0.6	0.7	0.7	0.7
Effective Tax Rate				20.1%	18.4%	18.2%	15.5%	12.2%	11.8%