GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Industrial And Commercial Bank Of China Ltd (SHSE:601398) » Definitions » Net Interest Income (for Banks)

Industrial And Commercial Bank Of China (SHSE:601398) Net Interest Income (for Banks) : ¥648,002 Mil (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Industrial And Commercial Bank Of China Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Industrial And Commercial Bank Of China's net interest income for the three months ended in Mar. 2024 was ¥161,401 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was ¥648,002 Mil.

Industrial And Commercial Bank Of China's quarterly net interest income declined from Sep. 2023 (¥164,539 Mil) to Dec. 2023 (¥153,487 Mil) but then increased from Dec. 2023 (¥153,487 Mil) to Mar. 2024 (¥161,401 Mil).

Industrial And Commercial Bank Of China's annual net interest income increased from Dec. 2021 (¥690,680 Mil) to Dec. 2022 (¥691,985 Mil) but then declined from Dec. 2022 (¥691,985 Mil) to Dec. 2023 (¥655,013 Mil).


Industrial And Commercial Bank Of China Net Interest Income (for Banks) Historical Data

The historical data trend for Industrial And Commercial Bank Of China's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Industrial And Commercial Bank Of China Net Interest Income (for Banks) Chart

Industrial And Commercial Bank Of China Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Income (for Banks)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 632,217.00 646,765.00 690,680.00 691,985.00 655,013.00

Industrial And Commercial Bank Of China Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Income (for Banks) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 168,412.00 168,575.00 164,539.00 153,487.00 161,401.00

Industrial And Commercial Bank Of China Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥648,002 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Industrial And Commercial Bank Of China (SHSE:601398) Business Description

Address
3 Garden Road, 33rd Floor, ICBC Tower, Central, Hong Kong, HKG
ICBC is headquartered in Beijing and founded in 1984, the bank listed its shares in mainland China and Hong Kong in 2006. It is China's largest by asset scale and by share of lending and deposits. Central Huijin Investment (China's sovereign wealth fund manager) and China's Ministry of Finance are ICBC's two largest shareholders, each with a stake of around 35%. ICBC operates over 16,000 outlets. Among these outlets, 417 outlets are located in 42 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 44%, 44%, and 12% of total revenue, respectively; and 39%, 47%, and 24% of profit before tax in 2022. Overseas banking and other business contributed 8% of total revenue and 6% of profit before tax in 2022.

Industrial And Commercial Bank Of China (SHSE:601398) Headlines

No Headlines