Industrial and Commercial Bank of China Limited

SEHK-1398

Overview Financials Investor Relations Estimates Ownership Industry Dividends Modeling Filings

Income Statement	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Interest Income On Loans						1,063,445	1,092,521	1,162,218	1,278,674	1,405,039	1,429,509
Interest Income, Total						1,063,445	1,092,521	1,162,218	1,278,674	1,405,039	1,429,509
Interest On Deposits						431,228	445,756	471,538	586,689	750,026	797,533
Interest Expense, Total						431,228	445,756	471,538	586,689	750,026	797,533
Net Interest Income						632,217	646,765	690,680	691,985	655,013	631,976
Income From Trading Activities				—	—	8,447	2,222	8,955	8,308	14,928	14,669
Gain (Loss) on Sale of Assets					—	1,264	1,323	2,182	1,590	1,925	1,631
Gain (Loss) on Sale of Invest. & Securities					—	-3,682	11,829	16,440	7,906	21,560	23,640
Income (Loss) on Equity Invest.	—	—	—			—	—	—	—	—	—
Total Other Non Interest Income						137,756	137,936	142,623	132,563	113,032	107,635
Non Interest Income, Total						143,785	153,310	170,200	150,367	151,445	147,575
Revenues Before Provison For Loan Losses						776,002	800,075	860,880	842,352	806,458	779,551
Provision For Loan Losses						175,479	198,858	202,623	179,200	149,519	129,333
Total Revenues						600,523	601,217	658,257	663,152	656,939	650,218
Total Revenues % Chg.						-2.4%	0.1%	9.5%	0.7%	-0.9%	-1.3%
Salaries And Other Employee Benefits				—	—	126,950	126,572	139,363	142,633	141,405	141,722
Amort. of Goodwill & Intang. Assets				—	—	2,315	2,607	3,125	3,716	4,429	4,682
Occupancy Expense				—	—	27,713	27,960	28,822	28,822	28,534	27,970
Selling General & Admin Expenses, Total						—	—	—	—	—	—
(Income) Loss on Equity Invest.				—	—	-2,520	-1,304	-2,869	-4,396	-5,022	-5,101
Total Other Non Interest Expense						50,798	49,446	64,917	64,180	64,330	64,153
Non Operating (Income) Expenses	—	—	—	—		—	—	—	—	—	—
Non Interest Expense, Total						205,256	205,281	233,358	234,955	233,676	233,426
EBT, Excl. Unusual Items						395,267	395,936	424,899	428,197	423,263	416,792
Impairment of Goodwill	—		—	—	—	—	—	—	—	—	—
Asset Writedown						-3,478	-3,810	—	-3,477	-1,297	-1,297
Other Unusual Items	—	—	—		—	—	—	—	—	—	—
EBT, Incl. Unusual Items						391,789	392,126	424,899	424,720	421,966	415,495
Income Tax Expense						78,428	74,441	74,683	62,610	56,850	53,803
Earnings From Continuing Operations						313,361	317,685	350,216	362,110	365,116	361,692
Minority Interest						-1,137	-1,779	-1,878	-978	-1,123	-976
Net Income						312,224	315,906	348,338	361,132	363,993	360,716
Preferred Dividend and Other Adjustments	—					4,525	8,839	9,607	14,810	14,964	14,992
Net Income to Common Incl Extra Items						307,699	307,067	338,731	346,322	349,029	345,724
Net Income to Common Excl. Extra Items						307,699	307,067	338,731	346,322	349,029	345,724
Total Shares Outstanding						356,406.3	356,406.3	356,406.3	356,406.3	356,406.3	356,406.3
Weighted Avg. Shares Outstanding						356,407	356,407	356,407	356,407	356,407	356,407
Weighted Avg. Shares Outstanding Dil						356,407	356,407	356,407	356,407	356,407	356,407
EPS						0.9	0.9	1	1	1	1
EPS Diluted						0.9	0.9	1	1	1	1
Effective Tax Rate						20%	19%	17.6%	14.7%	13.5%	12.9%