# CFBenchmark-MM: Chinese Financial Assistant Benchmark for Multimodal Large Language Model

arXiv: https://arxiv.org/abs/2506.13055 · HTML: https://mlsanity.com/paper/2506.13055/

## Key facts

- Cited by 4 papers in the map (data through 14 Oct 2026).
- Placed in Chart understanding and anomaly detection, one of 16 directions in Multimodal LLMs / vision-language models.
- Builds on 27 of its 46 references that are in the map.
- First posted on arXiv 16 Jun 2025.

## Placed in

- Multimodal LLMs / vision-language models / [Chart understanding and anomaly detection](https://mlsanity.com/mllm/chart-understanding-and-anomaly-detection/)

## Builds on (most cited first, 27 of 27)

- [Learning Transferable Visual Models From Natural Language Supervision](https://mlsanity.com/paper/2103.00020/) (2021)
- [Language Models are Few-Shot Learners](https://mlsanity.com/paper/2005.14165/) (2020)
- [Exploring the Limits of Transfer Learning with a Unified Text-to-Text Transformer](https://mlsanity.com/paper/1910.10683/) (2019)
- [LLaMA: Open and Efficient Foundation Language Models](https://mlsanity.com/paper/2302.13971/) (2023)
- [QLoRA: Efficient Finetuning of Quantized LLMs](https://mlsanity.com/paper/2305.14314/) (2023)
- [InstructBLIP: Towards General-purpose Vision-Language Models with Instruction Tuning](https://mlsanity.com/paper/2305.06500/) (2023)
- [XLNet: Generalized Autoregressive Pretraining for Language Understanding](https://mlsanity.com/paper/1906.08237/) (2019)
- [MMBench: Is Your Multi-modal Model an All-around Player?](https://mlsanity.com/paper/2307.06281/) (2023)
- [MMMU: A Massive Multi-discipline Multimodal Understanding and Reasoning Benchmark for Expert AGI](https://mlsanity.com/paper/2311.16502/) (2023)
- [MM-Vet: Evaluating Large Multimodal Models for Integrated Capabilities](https://mlsanity.com/paper/2308.02490/) (2023)
- [GLM: General Language Model Pretraining with Autoregressive Blank Infilling](https://mlsanity.com/paper/2103.10360/) (2021)
- [ShareGPT4V: Improving Large Multi-Modal Models with Better Captions](https://mlsanity.com/paper/2311.12793/) (2023)
- [BloombergGPT: A Large Language Model for Finance](https://mlsanity.com/paper/2303.17564/) (2023)
- [FinQA: A Dataset of Numerical Reasoning over Financial Data](https://mlsanity.com/paper/2109.00122/) (2021)
- [mPLUG-Owl2: Revolutionizing Multi-modal Large Language Model with Modality Collaboration](https://mlsanity.com/paper/2311.04257/) (2023)
- [VLMo: Unified Vision-Language Pre-Training with Mixture-of-Modality-Experts](https://mlsanity.com/paper/2111.02358/) (2021)
- [InternLM-XComposer2: Mastering Free-form Text-Image Composition and Comprehension in Vision-Language Large Model](https://mlsanity.com/paper/2401.16420/) (2024)
- [MultiBench: Multiscale Benchmarks for Multimodal Representation Learning](https://mlsanity.com/paper/2107.07502/) (2021)
- [VALUE: A Multi-Task Benchmark for Video-and-Language Understanding Evaluation](https://mlsanity.com/paper/2106.04632/) (2021)
- [XuanYuan 2.0: A Large Chinese Financial Chat Model with Hundreds of Billions Parameters](https://mlsanity.com/paper/2305.12002/) (2023)
- [DISC-FinLLM: A Chinese Financial Large Language Model based on Multiple Experts Fine-tuning](https://mlsanity.com/paper/2310.15205/) (2023)
- [INVESTORBENCH: A Benchmark for Financial Decision-Making Tasks with LLM-based Agent](https://mlsanity.com/paper/2412.18174/) (2024)
- [BBT-Fin: Comprehensive Construction of Chinese Financial Domain Pre-trained Language Model, Corpus and Benchmark](https://mlsanity.com/paper/2302.09432/) (2023)
- [FinTral: A Family of GPT-4 Level Multimodal Financial Large Language Models](https://mlsanity.com/paper/2402.10986/) (2024)
- [SEntFiN 1.0: Entity-Aware Sentiment Analysis for Financial News](https://mlsanity.com/paper/2305.12257/) (2023)
- [SuperCLUE-Fin: Graded Fine-Grained Analysis of Chinese LLMs on Diverse Financial Tasks and Applications](https://mlsanity.com/paper/2404.19063/) (2024)
- [MME-Industry: A Cross-Industry Multimodal Evaluation Benchmark](https://mlsanity.com/paper/2501.16688/) (2025)

## Built on by (most cited first, 4 of 4)

- [FinMTM: A Multi-Turn Multimodal Benchmark for Financial Reasoning and Agent Evaluation](https://mlsanity.com/paper/2602.03130/) (2026)
- [FinReasoning: A Hierarchical Benchmark for Reliable Financial Research Reporting](https://mlsanity.com/paper/2603.19254/) (2026)
- [FCMBench: The First Large-scale Financial Credit Multimodal Benchmark for Real-world Applications](https://mlsanity.com/paper/2601.00150/) (2026)
- [Captioning Daily Activity Images in Early Childhood Education: Benchmark and Algorithm](https://mlsanity.com/paper/2604.01941/) (2026)

## Abstract (arXiv)

Multimodal Large Language Models (MLLMs) have rapidly evolved with the growth of Large Language Models (LLMs) and are now applied in various fields. In finance, the integration of diverse modalities such as text, charts, and tables is crucial for accurate and efficient decision-making. Therefore, an effective evaluation system that incorporates these data types is essential for advancing financial application. In this paper, we introduce CFBenchmark-MM, a Chinese multimodal financial benchmark with over 9,000 image-question pairs featuring tables, histogram charts, line charts, pie charts, and structural diagrams. Additionally, we develop a staged evaluation system to assess MLLMs in handling multimodal information by providing different visual content step by step. Despite MLLMs having inherent financial knowledge, experimental results still show limited efficiency and robustness in handling multimodal financial context. Further analysis on incorrect responses reveals the misinterpretation of visual content and the misunderstanding of financial concepts are the primary issues. Our research validates the significant, yet underexploited, potential of MLLMs in financial analysis, highlighting the need for further development and domain-specific optimization to encourage the enhanced use in financial domain.