Balance Sheet Bank of Ningbo Co., Ltd.

Stocks

002142

CNE1000005P7

Banks

End-of-day quote Shenzhen S.E. Other stock markets 20/07/2026			5-day change	1st Jan Change
32.40 ^CNY	+2.40%		+5.54%	+15.34%

05:50am	Top Bright's Unit Disposes of 60 Million Yuan in Structured Deposits	MT
07-17	Western Securities Starts Bank of Ningbo at Add with 34.59 Yuan Price Target	MT

7ac877fa71d5a86.Di5zU5KYeVIVI3iNu8FHfHt1mCqF8Ev8qD21i-UIebA.PF02PuHfKRFlFRbE3JY_HwwFrlD9pQS_41jH1K1ZDedtRgQnwsgeHUIaKQ

Published financial data: BANK OF NINGBO CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest Income On Loans	67.76B	78.73B	90.77B	103B	105B
Interest Income, Total	67.76B	78.73B	90.77B	103B	105B
Interest On Deposits	35.06B	41.21B	49.86B	54.59B	52.04B
Interest Expense, Total	35.06B	41.21B	49.86B	54.59B	52.04B
Net Interest Income	32.7B	37.52B	40.91B	47.99B	53.16B
Gain (Loss) on Sale of Assets	7M	13M	280M	1M	90M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	1.03B	2.57B	2.76B	4.57B	5.03B
Total Other Non Interest Income	19.04B	17.78B	17.65B	14.04B	13.69B
Non Interest Income, Total	20.08B	20.37B	20.69B	18.61B	18.81B
Revenues Before Provison For Loan Losses	52.78B	57.89B	61.6B	66.6B	71.97B
Provision For Loan Losses	12.35B	10.43B	8.94B	10.68B	15.28B
Total Revenues	40.43B	47.46B	52.66B	55.92B	56.69B
Selling General & Admin Expenses, Total	19.5B	21.58B	24.01B	23.67B	23.55B
(Income) Loss on Real Estate Property	23M	-	-	-	-
Total Other Non Interest Expense	419M	474M	605M	734M	799M
Non Operating (Income) Expenses	33M	112M	130M	262M	180M
Non Interest Expense, Total	19.98B	22.17B	24.75B	24.67B	24.53B
EBT, Excl. Unusual Items	20.45B	25.29B	27.91B	31.26B	32.16B
Asset Writedown	-7M	-8M	-10M	27M	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	20.44B	25.28B	27.9B	31.29B	32.16B
Income Tax Expense	836M	2.15B	2.29B	4.06B	2.63B
Earnings From Continuing Operations	19.61B	23.13B	25.61B	27.22B	29.53B
Net Income to Company	19.61B	23.13B	25.61B	27.22B	29.53B
Minority Interest	-63M	-57M	-74M	-94M	-196M
Net Income - (IS)	19.55B	23.08B	25.54B	27.13B	29.33B
Preferred Dividend and Other Adjustments	757M	757M	757M	1.02B	1.02B
Net Income to Common Incl Extra Items	18.79B	22.32B	24.78B	26.1B	28.31B
Net Income to Common Excl. Extra Items	18.79B	22.32B	24.78B	26.1B	28.31B
Per Share Items
Net EPS - Basic	3.13	3.38	3.75	3.95	4.29
Basic EPS - Continuing Operations	3.13	3.38	3.75	3.95	4.29
Basic Weighted Average Shares Outstanding	6.01B	6.6B	6.6B	6.6B	6.6B
Net EPS - Diluted	3.13	3.38	3.75	3.95	4.29
Diluted EPS - Continuing Operations	3.13	3.38	3.75	3.95	4.29
Diluted Weighted Average Shares Outstanding	6.01B	6.6B	6.6B	6.6B	6.6B
Normalized Basic EPS	2.12	2.38	2.63	2.94	3.01
Normalized Diluted EPS	2.12	2.38	2.63	2.94	3.01
Dividend Per Share	0.5	0.5	0.6	0.9	1.2
Payout Ratio	49.73	46.38	53.87	55.12	66.11
Supplemental Items
Effective Tax Rate - (Ratio)	4.09	8.5	8.2	12.99	8.18
Current Domestic Taxes	1.88B	1.54B	2.32B	3.59B	3.26B
Total Current Taxes	1.88B	1.54B	2.32B	3.59B	3.26B
Deferred Domestic Taxes	-1.04B	612M	-35M	476M	-627M
Total Deferred Taxes	-1.04B	612M	-35M	476M	-627M
Normalized Net Income	12.72B	15.75B	17.37B	19.44B	19.9B

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	24.48B	38.43B	43.79B	59.41B	72.09B
Investment Securities, Total	557B	795B	928B	1,085B	1,343B
Trading Asset Securities, Total	369B	388B	371B	391B	360B
Total investments	926B	1,184B	1,298B	1,476B	1,703B
Gross Loans	885B	1,046B	1,255B	1,476B	1,733B
Allowance For Loan Losses	-33.81B	-38.72B	-42.91B	-43.13B	-48.04B
Net Loans	851B	1,007B	1,212B	1,433B	1,685B
Gross Property Plant And Equipment	16.45B	18.23B	19.65B	20.71B	21.11B
Accumulated Depreciation	-4.91B	-6.44B	-7.56B	-8.52B	-9.1B
Net Property Plant And Equipment	11.54B	11.79B	12.09B	12.19B	12.02B
Goodwill	-	293M	293M	293M	293M
Other Intangibles, Total	1.3B	2.42B	2.91B	4.02B	4.33B
Investment in Real Estate	32M	24M	14M	-	-
Accrued Interest Receivable	7.48B	8.43B	10.29B	12B	12.71B
Other Receivables	1.96B	2.52B	3.53B	2.56B	3.36B
Restricted Cash	88.09B	99.18B	110B	113B	108B
Other Current Assets, Total	29.9B	4.01B	10.44B	8.03B	15.64B
Deferred Tax Assets Long-Term (Collected)	7.38B	6.94B	6.26B	2.51B	5.22B
Other Real Estate Owned And Foreclosed	11M	8M	8M	-	-
Deferred Charges Long-Term	912M	976M	924M	810M	640M
Other Long-Term Assets, Total	65.45B	157M	1.09B	1.15B	6.24B
Total Assets	2,016B	2,366B	2,712B	3,125B	3,629B
Liabilities
Accounts Payable, Total	11.16B	13.48B	10.17B	7.63B	9.31B
Accrued Expenses, Total	4.95B	5.01B	4.79B	4.9B	5.42B
Interest Bearing Deposits	716B	920B	1,146B	1,400B	1,505B
Non-Interest Bearing Deposits	431B	466B	502B	554B	685B
Total Deposits	1,148B	1,385B	1,648B	1,954B	2,191B
Short-Term Borrowings	112B	449B	382B	480B	699B
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	718M	729M	760M	684M	661M
Long-Term Debt	524B	290B	418B	394B	421B
Long-Term Leases	23.91B	2.16B	2.06B	1.87B	1.62B
Current Income Taxes Payable	1.44B	518M	402M	1.46B	2.3B
Accrued Interest Payable	9.61B	13.33B	22.43B	33.4B	34.1B
Other Current Liabilities - (Bank / Utility Template)	23.37B	25.65B	14.24B	4.94B	6.97B
Unearned Revenue Non Current	267M	454M	-	-	-
Pension & Other Post Retirement Benefits	-	-	-	-	-
Deferred Tax Liability Non-Current	30M	-	-	-	-
Other Non Current Liabilities	6.27B	11.74B	6.16B	8.44B	9.31B
Total Liabilities	1,866B	2,198B	2,509B	2,891B	3,380B
Preferred Stock Convertible	14.81B	14.81B	14.81B	14.81B	4.82B
Total Preferred Equity	14.81B	14.81B	14.81B	14.81B	4.82B
Common Stock, Total	6.6B	6.6B	6.6B	6.6B	6.6B
Additional Paid In Capital	37.7B	37.67B	37.61B	-	-
Retained Earnings	85.94B	105B	126B	149B	169B
Comprehensive Income and Other	4.37B	3.65B	15.8B	63.22B	66.97B
Total Common Equity	135B	153B	186B	218B	242B
Minority Interest	576M	900M	1.02B	1.11B	1.3B
Total Equity	150B	169B	202B	234B	249B
Total Liabilities And Equity	2,016B	2,366B	2,712B	3,125B	3,629B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	6.6B	6.6B	6.6B	6.6B	6.6B
ECS Total Common Shares Outstanding	6.6B	6.6B	6.6B	6.6B	6.6B
Book Value / Share	20.38	23.14	26.71	31.55	33.69
Tangible Book Value	133B	150B	183B	214B	238B
Tangible Book Value Per Share	20.19	22.73	26.23	30.9	32.99
Average Loans	788B	976B	1,166B	1,413B	1,664B
Total Debt	661B	742B	803B	876B	1,122B
Deposits at Interest - Cash	27.3B	29.83B	30.36B	71.57B	63.66B
Net Debt	255B	245B	334B	345B	591B
Full Time Employees	24.18K	27.07K	29.21K	26.98K	24.86K
Number Of Offices	-	-	-	-	-
Assets on Operating Lease - Gross	-	92M	49M	336M	863M
Assets on Operating Lease - Accumulated Depreciation	-	-	-4M	-26M	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	19.55B	23.08B	25.54B	27.13B	29.33B
Depreciation, Depletion & Amortization	1.41B	1.57B	1.75B	1.8B	1.8B
Amortization of Goodwill and Intangible Assets - (CF)	90M	25M	32M	35M	37M
Total Depreciation, Depletion & Amortization	1.5B	1.59B	1.78B	1.84B	1.84B
Amortization of Deferred Charges, Total	540M	516M	656M	994M	1.07B
(Gain) Loss On Sale of Asset - (CF)	-7M	-13M	-280M	-1M	-90M
(Gain) Loss on Sale of Investments - (CF)	1.55B	-2.68B	-1.17B	9M	630M
Total Asset Writedown	-24M	327M	10M	-27M	-
Provision for Credit Losses	9.68B	10.58B	8.94B	10.68B	15.28B
Change In Deferred Taxes	-1.04B	612M	-35M	476M	-627M
Change in Other Net Operating Assets (Collected)	-63.27B	72.96B	157B	65.33B	212B
Other Operating Activities	-13.02B	-12.21B	-19.23B	-21.42B	-23.95B
Cash from Operations	-44.55B	94.77B	173B	85B	236B
Capital Expenditure	-2.58B	-2.87B	-3.71B	-3.83B	-3.44B
Sale of Property, Plant, and Equipment	65M	22M	766M	84M	239M
Cash Acquisitions	-	-633M	-	-	-
Investment in Marketable and Equity Securities, Total	-154B	-139B	-122B	-115B	-258B
Other Investing Activities, Total	15.29B	15.54B	27.04B	28.32B	25.06B
Cash from Investing	-142B	-127B	-98.27B	-90.53B	-237B
Long-Term Debt Issued, Total	618B	613B	517B	578B	1,071B
Total Debt Issued	618B	613B	517B	578B	1,071B
Long-Term Debt Repaid, Total	-425B	-563B	-583B	-516B	-1,044B
Total Debt Repaid	-425B	-563B	-583B	-516B	-1,044B
Issuance of Common Stock	11.89B	-	10B	-	10B
Repurchase of Common Stock	-	-	-	-	-10B
Common Dividends Paid	-	-	-	-14.95B	-19.39B
Common & Preferred Stock Dividends Paid	-9.72B	-10.7B	-13.76B	-	-
Common & Preferred Stock Dividends Paid	-9.72B	-10.7B	-13.76B	-14.95B	-19.39B
Other Financing Activities, Total	-963M	-	-	-	-
Cash from Financing	194B	38.78B	-70.28B	47.06B	7.16B
Foreign Exchange Rate Adjustments	-326M	1.46B	184M	71M	-230M
Net Change in Cash	7.71B	8.06B	5.01B	41.6B	5.84B
Supplemental Items
Cash Interest Paid	27.57B	28.59B	32.21B	36.73B	44.21B
Cash Income Tax Paid (Refund)	6.58B	6.93B	6.92B	7.31B	7.68B
Net Debt Issued / Repaid	193B	49.48B	-66.52B	62.01B	26.55B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.08	1.06	1.01	0.93	0.87
Return On Equity %	14.58	14.53	13.82	12.47	12.23
Return on Common Equity	15.77	15.53	14.61	12.9	12.29
Shareholders Value Added	5.34B	5.86B	5.21B	2.88B	1.72B
Margin Analysis
SG&A Margin	48.24	45.48	45.6	42.32	41.54
Net Interest Income / Total Revenues %	80.88	79.06	77.69	85.82	93.77
EBT Excl. Non-Recurring Items Margin %	50.59	53.29	53	55.89	56.73
Income From Continuing Operations Margin %	48.5	48.74	48.64	48.67	52.09
Net Income Margin %	48.35	48.62	48.49	48.51	51.74
Net Avail. For Common Margin %	46.48	47.03	47.06	46.68	49.94
Normalized Net Income Margin	31.46	33.18	32.99	34.77	35.11
Asset quality
Nonperforming Loans / Total Loans %	0.75	0.75	0.76	0.76	0.76
Nonperforming Loans / Total Assets %	0.33	0.33	0.35	0.36	0.36
Nonperforming Assets / Total Assets %	0.33	0.33	0.35	0.36	0.36
NPAs / Loans and OREO	0.75	0.75	0.76	0.76	0.76
NPAs / Equity	4.42	4.66	4.7	4.81	5.29
Allowance for Credit Losses / Net Charge-offs %	1.37K	641.98	675.58	383.78	515.81
Allowance for Credit Losses / Nonperforming Loans %	510.77	493.55	451.76	382.79	365.43
Allowance for Credit Losses / Total Loans %	3.82	3.7	3.42	2.92	2.77
Net Charge-offs / Total Average Loans %	0.31	0.62	0.54	0.8	0.56
Provision for Loan Losses / Net Charge-offs %	502.4	172.93	140.74	95.03	164.04
Earning Assets / IBL	89.58	92.19	93.86	97.71	98.92
Capital And Funding
Total Average Common Equity / Total Average Assets %	6.54	6.56	6.68	6.93	6.82
Total Average Equity / Total Average Assets %	7.39	7.27	7.3	7.48	7.15
Total Equity + Allowance for Loan Losses / Total Loans %	20.71	19.73	19.46	18.72	17.04
Gross Loans / Total Deposits %	77.09	75.5	76.12	75.54	79.13
Net Loans / Total Deposits %	74.14	72.7	73.52	73.33	76.94
Tier 1 Capital Ratio %	11.29	10.71	11.01	11.03	10.4
Total Capital Ratio %	15.44	15.18	15.01	15.32	14.3
Core Tier 1 Capital Ratio	10.16	9.75	9.64	9.84	9.34
Tier 2 Capital Ratio	4.15	4.47	3.99	4.29	3.9
Coverage Ratio	510.77	449.5	451.91	382.79	365.43
Interbank Ratio	19.9	20.81	19.61	21.38	16.01
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	1.58	1.61	1.56	1.57	1.62
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	17.37	14.75	9.02	17.32	10.77
Non Interest Income, 1 Yr. Growth %	51.55	1.4	1.58	-10.04	1.06
Provision For Loan Losses, 1 Yr. Growth %	42.54	-15.57	-14.29	19.45	43.08
Total Revenues, 1 Yr. Growth %	24.61	17.39	10.96	6.21	1.37
Earnings From Cont. Operations, 1 Yr. Growth %	29.55	17.97	10.71	6.29	8.48
Net Income, 1 Yr. Growth %	29.87	18.05	10.66	6.23	8.13
Normalized Net Income, 1 Yr. Growth %	24.72	23.81	10.29	11.94	2.37
Diluted EPS Before Extra, 1 Yr. Growth %	28.7	8.06	10.96	5.33	8.53
Dividend Per Share, 1 Yr. Growth %	0	0	20	50	33.33
Gross Loans, 1 Yr. Growth %	28.02	21.25	19.95	17.65	17.44
Allowance For Loan Losses, 1 Yr. Growth %	25.48	14.85	11.28	0.5	11.39
Net Loans, 1 Yr. Growth %	28.12	21.51	20.28	18.26	17.62
Non Performing Loans, 1 Yr. Growth %	21.32	18.54	21.07	18.61	16.69
Non Performing Assets, 1 Yr. Growth %	20.57	18.46	21.05	18.51	16.69
Total Assets, 1 Yr. Growth %	23.9	17.39	14.6	15.25	16.11
Total Deposits, 1 Yr Growth %	11.08	20.73	18.98	18.55	12.1
Tangible Book Value, 1 Yr. Growth %	30.1	12.65	22.04	16.84	11.14
Average Interest Earning Assets, 1 Yr. Growth %	21.86	25.51	17.65	18.52	18.21
Average Interest Bearing Liabilities, 1 Yr. Growth %	21.86	21.95	15.56	13.86	16.76
Common Equity, 1 Yr. Growth %	29.85	13.58	21.97	17.15	11.06
Total Equity, 1 Yr. Growth %	26.06	12.4	19.99	15.85	6.13
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	21.26	16.05	11.85	13.1	14
Non Interest Income, 2 Yr. CAGR %	25.05	23.97	1.49	-4.41	-4.65
Provision For Loan Losses, 2 Yr. CAGR %	28.68	9.71	-14.93	1.18	30.73
Total Revenues, 2 Yr. CAGR %	20.98	20.94	14.13	8.56	3.76
Earnings From Cont. Operations, 2 Yr. CAGR %	19.24	23.62	14.28	8.48	7.38
Net Income, 2 Yr. CAGR %	19.38	23.82	14.3	8.43	7.18
Normalized Net Income, 2 Yr. CAGR %	16.11	24.26	16.85	11.11	7.05
Diluted EPS Before Extra, 2 Yr. CAGR %	13.93	17.93	9.5	8.11	6.92
Dividend Per Share, 2 Yr. CAGR %	0	0	9.54	34.16	41.42
Gross Loans, 2 Yr. CAGR %	28.87	23.03	20.59	18.79	17.54
Allowance For Loan Losses, 2 Yr. CAGR %	26.52	19.89	12.82	5.75	5.81
Net Loans, 2 Yr. CAGR %	28.96	23.16	20.9	19.26	17.94
Non Performing Loans, 2 Yr. CAGR %	26.41	19.92	19.8	19.83	17.65
Non Performing Assets, 2 Yr. CAGR %	25.78	19.51	19.75	19.77	17.6
Total Assets, 2 Yr. CAGR %	23.68	20.6	15.99	14.93	15.68
Total Deposits, 2 Yr CAGR %	19.24	15.8	19.84	18.77	15.28
Tangible Book Value, 2 Yr. CAGR %	25.15	21.03	17.25	19.41	13.96
Average Interest Earning Assets, 2 Yr. CAGR %	22.73	23.67	21.52	18.09	18.37
Average Interest Bearing Liabilities, 2 Yr. CAGR %	22.14	21.91	18.71	14.7	15.3
Common Equity, 2 Yr. CAGR %	25.48	21.41	17.7	19.53	14.06
Total Equity, 2 Yr. CAGR %	22.03	19.01	16.13	17.9	10.89
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	19.58	19.05	13.66	13.65	12.32
Non Interest Income, 3 Yr. CAGR %	26.95	16.61	16.01	-2.51	-2.62
Provision For Loan Losses, 3 Yr. CAGR %	19.68	11.82	1.04	-4.74	13.57
Total Revenues, 3 Yr. CAGR %	22.99	19.77	17.52	11.42	6.11
Earnings From Cont. Operations, 3 Yr. CAGR %	20.45	18.81	19.16	11.55	8.48
Net Income, 3 Yr. CAGR %	20.45	18.94	19.27	11.54	8.33
Normalized Net Income, 3 Yr. CAGR %	21.14	18.62	19.42	15.19	8.12
Diluted EPS Before Extra, 3 Yr. CAGR %	15.33	11.94	15.56	8.1	8.25
Dividend Per Share, 3 Yr. CAGR %	7.72	0	6.27	21.64	33.89
Gross Loans, 3 Yr. CAGR %	27.27	25.22	22	19.6	18.34
Allowance For Loan Losses, 3 Yr. CAGR %	24.56	22.39	16.78	8.55	7.6
Net Loans, 3 Yr. CAGR %	27.39	25.34	22.2	20.01	18.71
Non Performing Loans, 3 Yr. CAGR %	25.45	23.73	20.3	19.4	18.78
Non Performing Assets, 3 Yr. CAGR %	24.71	23.29	20.02	19.33	18.74
Total Assets, 3 Yr. CAGR %	21.77	21.54	18.57	15.74	15.32
Total Deposits, 3 Yr CAGR %	19.77	19.74	16.85	19.41	16.5
Tangible Book Value, 3 Yr. CAGR %	26.59	20.82	21.36	17.11	16.59
Average Interest Earning Assets, 3 Yr. CAGR %	18.92	23.65	21.63	20.51	18.13
Average Interest Bearing Liabilities, 3 Yr. CAGR %	19.74	22.07	19.75	17.07	15.39
Common Equity, 3 Yr. CAGR %	26.78	21.36	21.6	17.51	16.64
Total Equity, 3 Yr. CAGR %	22.69	18.71	19.33	16.04	13.84
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	13.23	18.02	16.43	16.63	13.8
Non Interest Income, 5 Yr. CAGR %	26.99	17.92	16.08	7.7	7.25
Provision For Loan Losses, 5 Yr. CAGR %	18.35	11.3	4.4	7.44	12.01
Total Revenues, 5 Yr. CAGR %	17.15	19.82	19.37	15.15	11.81
Earnings From Cont. Operations, 5 Yr. CAGR %	20.18	19.85	17.94	14.57	14.3
Net Income, 5 Yr. CAGR %	20.14	19.84	17.95	14.61	14.28
Normalized Net Income, 5 Yr. CAGR %	16.13	19.98	19.41	15.56	14.31
Diluted EPS Before Extra, 5 Yr. CAGR %	15.88	13.59	12.96	10.39	12.02
Dividend Per Share, 5 Yr. CAGR %	13.18	4.56	8.45	12.47	19.14
Gross Loans, 5 Yr. CAGR %	23.4	24.75	23.94	22.61	20.19
Allowance For Loan Losses, 5 Yr. CAGR %	28.32	22.56	19.66	15.35	12.26
Net Loans, 5 Yr. CAGR %	23.22	24.84	24.1	22.88	20.48
Non Performing Loans, 5 Yr. CAGR %	19.07	22.55	23.16	22.16	19.23
Non Performing Assets, 5 Yr. CAGR %	17.04	21.97	22.7	21.87	19.04
Total Assets, 5 Yr. CAGR %	17.89	18.05	19.42	18.85	17.4
Total Deposits, 5 Yr CAGR %	15.6	18.51	19.8	19.34	16.22
Tangible Book Value, 5 Yr. CAGR %	24.17	23.65	22.75	20.25	18.34
Average Interest Earning Assets, 5 Yr. CAGR %	14.06	18.85	19.95	21.39	20.32
Average Interest Bearing Liabilities, 5 Yr. CAGR %	16.64	18.58	19.33	19.07	17.95
Common Equity, 5 Yr. CAGR %	24.25	23.93	23.05	20.62	18.53
Total Equity, 5 Yr. CAGR %	24.38	24.12	20.01	18.39	15.88