Postal Savings Bank of China Co., Ltd.

SEHK-1658

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						390,700	416,252	451,567	474,240	498,327	507,700
Interest Income, Total						390,700	416,252	451,567	474,240	498,327	507,700
Interest On Deposits						148,014	162,874	182,185	200,647	216,524	223,326
Interest Expense, Total						148,014	162,874	182,185	200,647	216,524	223,326
Net Interest Income						242,686	253,378	269,382	273,593	281,803	284,374
Income From Trading Activities					—	3,747	3,259	3,286	3,673	4,460	4,488
Gain (Loss) on Sale of Assets	—					—	-70	-32	1	-10	-10
Gain (Loss) on Sale of Invest. & Securities					—	12,576	15,922	23,687	22,479	26,961	28,118
Income (Loss) on Equity Invest.	—	—	—	—	—	—	—	—	3	18	17
Total Other Non Interest Income						18,107	14,048	22,784	35,642	29,680	25,687
Non Interest Income, Total						34,430	33,159	49,725	61,798	61,109	58,300
Revenues Before Provison For Loan Losses						277,116	286,537	319,107	335,391	342,912	342,674
Provision For Loan Losses						55,384	50,398	46,638	35,328	26,167	22,971
Total Revenues						221,732	236,139	272,469	300,063	316,745	319,703
Total Revenues % Chg.						8.1%	6.5%	15.4%	10.1%	5.6%	2.6%
Salaries And Other Employee Benefits					—	50,039	51,355	59,228	62,878	64,017	63,534
Occupancy Expense					—	7,225	8,078	9,037	11,300	12,128	12,365
Selling General & Admin Expenses, Total						34	—	30	30	35	35
Total Other Non Interest Expense						100,689	108,570	122,720	134,491	148,966	153,487
Non Operating (Income) Expenses	—	—	—	—		—	—	—	—	—	—
Non Interest Expense, Total						157,987	168,003	191,015	208,699	225,146	229,421
EBT, Excl. Unusual Items						63,745	68,136	81,454	91,364	91,599	90,282
Other Unusual Items	—	—	—	—		—	—	—	—	—	—
EBT, Incl. Unusual Items						63,745	68,136	81,454	91,364	91,599	90,282
Income Tax Expense						2,709	3,818	4,922	6,009	5,175	4,611
Earnings From Continuing Operations						61,036	64,318	76,532	85,355	86,424	85,671
Minority Interest	—					-103	-119	-362	-131	-154	-150
Net Income						60,933	64,199	76,170	85,224	86,270	85,521
Preferred Dividend and Other Adjustments	—	—	—	—		2,501	2,584	5,276	6,708	5,316	5,316
Net Income to Common Incl Extra Items						58,432	61,615	70,894	78,516	80,954	80,205
Net Income to Common Excl. Extra Items						58,432	61,615	70,894	78,516	80,954	80,205
Total Shares Outstanding						86,202.7	86,978.6	92,384	92,384	99,161.1	99,161.1
Weighted Avg. Shares Outstanding						81,341	86,914	91,033	92,384	97,527	99,221
Weighted Avg. Shares Outstanding Dil						81,341	86,914	91,033	92,384	97,527	99,221
EPS						0.7	0.7	0.8	0.8	0.8	0.8
EPS Diluted						0.7	0.7	0.8	0.8	0.8	0.8
Effective Tax Rate						4.2%	5.6%	6%	6.6%	5.6%	5.1%