China Merchants Bank Co., Ltd. (CIHKY) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	377.2B	467.8B	497.9B	497.6B	477.4B
Cost of Revenue	140.6B	135.8B	163.0B	160.9B	135.1B
Gross Profit	315.1B	332.1B	334.9B	336.6B	342.3B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	83.2B	108.0B	34.5B	50.7B	107.7B
General & Admin Expense	83.2B	108.0B	34.5B	50.7B	107.7B
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	45.6B	45.1B	121.7B	109.3B	69.5B
Total Operating Expenses	128.9B	153.1B	156.2B	160.0B	177.1B
Cost and Expenses	192.9B	288.8B	319.2B	321.0B	312.3B
Operating Income (EBIT)	184.0B	179.0B	178.7B	176.6B	165.1B
Non-Operating
Interest Income	346.1B	351.4B	374.3B	375.6B	353.4B
Interest Expense	121.9B	135.8B	163.0B	160.9B	135.1B
Net Interest Income	224.2B	215.6B	211.3B	214.7B	218.2B
Other Non-Op Income/Expense	(8.2B)	—	—	—	—
Non-Operating Income (excl Interest)	6.2B	—	—	—	—
EBT (Pre-Tax Income)	178.5B	179.0B	178.7B	176.6B	165.1B
Income Tax Expense	27.6B	27.9B	29.1B	28.6B	25.8B
Bottom Line
Net Income	152.7B	150.2B	148.4B	146.6B	138.0B
Earnings from Cont. Ops	150.9B	151.1B	149.6B	148.0B	139.3B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	152.7B	150.2B	148.4B	146.6B	138.0B
Per Share
Basic EPS	$5.98	$5.70	$5.66	$5.63	$5.26
Diluted EPS	$5.98	$5.70	$5.66	$5.63	$5.26
Revenue Per Share	$14.96	$17.76	$19.74	$19.73	$18.93
Shares
Basic Shares Outstanding	25.2B	26.3B	25.2B	25.2B	25.2B
Diluted Shares Outstanding	25.2B	26.3B	25.2B	25.2B	26.2B
Profitability Metrics
EBITDA	178.6B	194.4B	194.2B	192.1B	179.7B
D&A	3.8B	15.4B	15.6B	15.4B	14.6B
EBIT	174.7B	179.0B	178.7B	176.6B	165.1B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026