China Merchants Bank Co., Ltd.

SHSE-600036

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						292,994	307,425	327,056	353,380	375,610	376,273
Interest Income, Total						292,994	307,425	327,056	353,380	375,610	376,273
Interest On Deposits						119,904	122,394	123,137	135,145	160,941	166,151
Interest Expense, Total						119,904	122,394	123,137	135,145	160,941	166,151
Net Interest Income						173,090	185,031	203,919	218,235	214,669	210,122
Gain (Loss) on Sale of Assets	—					382	44	113	—	—	44
Gain (Loss) on Sale of Invest. & Securities						2,987	2,875	2,994	15,723	21,265	26,737
Income (Loss) on Equity Invest.						1,723	2,881	4,030	2,525	2,476	2,470
Total Other Non Interest Income						91,521	99,651	120,197	108,257	100,668	94,233
Non Operating Income (Expenses) -	—	—	—	—	—	317	—	—	—	—	—
Non Interest Income, Total						96,930	105,451	127,334	126,505	124,409	123,484
Revenues Before Provison For Loan Losses						270,020	290,482	331,253	344,740	339,078	333,606
Provision For Loan Losses						61,066	64,871	65,962	56,751	41,278	37,147
Total Revenues						208,954	225,611	265,291	287,989	297,800	296,459
Total Revenues % Chg.						11.3%	8%	17.6%	8.6%	3.4%	-0.9%
Selling General & Admin Expenses, Total						86,541	96,745	109,727	32,548	31,537	31,098
(Income) Loss on Real Estate Property	—	—	—	—		—	—	—	—	—	—
Total Other Non Interest Expense						5,049	6,223	7,545	90,328	89,645	89,915
Non Operating (Income) Expenses	—	—				232	203	-154	—	—	23
Non Interest Expense, Total						91,822	103,171	117,118	122,876	121,182	121,036
EBT, Excl. Unusual Items						117,132	122,440	148,173	165,113	176,618	175,423
Other Unusual Items			—	—	—	—	—	—	—	—	-48
EBT, Incl. Unusual Items						117,132	122,440	148,173	165,113	176,618	175,375
Income Tax Expense						23,709	24,481	27,339	25,819	28,612	28,427
Earnings From Continuing Operations						93,423	97,959	120,834	139,294	148,006	146,948
Minority Interest						-556	-617	-912	-1,282	-1,404	-1,355
Net Income						92,867	97,342	119,922	138,012	146,602	145,593
Preferred Dividend and Other Adjustments	—	—	—	—		1,670	1,651	3,613	5,237	4,558	4,558
Net Income to Common Incl Extra Items						91,197	95,691	116,309	132,775	142,044	141,035
Net Income to Common Excl. Extra Items						91,197	95,691	116,309	132,775	142,044	141,035
Total Shares Outstanding						25,219.8	25,219.8	25,219.8	25,219.9	25,219.8	25,219.8
Weighted Avg. Shares Outstanding						25,220	25,220	25,220	25,220	25,220	25,220
Weighted Avg. Shares Outstanding Dil						25,220	25,220	25,220	25,220	25,220	25,220
EPS						3.6	3.8	4.6	5.3	5.6	5.6
EPS Diluted						3.6	3.8	4.6	5.3	5.6	5.6
Effective Tax Rate						20.2%	20%	18.5%	15.6%	16.2%	16.2%