Bank of China Ltd

Common Name
Bank of China
Country
China (Mainland)
Sector
Financial Services
Industry
Banks - Diversified
Employees
312,757
Ticker
601988
Exchange
SHANGHAI STOCK EXCHANGE
Website
www.boc.cn
Description
Bank of China Ltd. is a prominent state-owned commercial bank in China, recognized for its comprehensive range of financial services. Established in 1912, the bank plays a vital role in the domestic a...

Bank of China's Financial Statements Preview

Below are the financial statements of Bank of China, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

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All figures in billions of CNY
2024
2023
Interest income
1,071.54a
1,048.85a
Interest expense
-622.61a
-582.31a
Net interest income
448.93a
466.55a
Fee and commission income
88.59a
92.37a
Fee and commission expense
-12a
-13.5a
Net fee and commission income
76.59a
78.87a
Net trading gains
36.49a
28.72a
Net gains on transfers of financial asset
11.4a
0.81a
Other operating income
59.36a
49.2a
Operating income
632.77a
624.14a
Operating expenses
-235.77a
-222.93a
Credit impairment losses
-102.46a
-106.49a
Impairment losses on other assets
-0.26a
-0.07a
Operating profit
294.28a
294.64a
Share of results of associates and joint ventures
0.68a
0.97a
Profit before income tax
294.95a
295.61a
Income tax expense
-42.24a
-49.24a
Profit for the year
252.72a
246.37a
Attributable to
Equity holders of the Bank
237.84a
231.9a
Non-controlling interests
14.88a
14.47a
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Verified Sources Behind Bank of China’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Bank of China’s data sources below and access millions more through our Disclosure Search.

a. Bank of China's Annual Report 2024
a. Bank of China's Annual Report 2024
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