Sou Hu Cai Jing·2025-03-26 04:13Core Viewpoint - China Merchants Bank reported a slight increase in net profit for 2024, with the bank's president, Wang Liang, set to turn 60 and earning a salary of 2.96 million yuan [1][5]. Financial Performance - In 2024, the bank achieved operating income of 337.488 billion yuan, a decrease of 0.48% compared to 2023 [2]. - Operating profit rose to 179.019 billion yuan, reflecting a growth of 1.33% year-on-year [2]. - Total profit amounted to 178.652 billion yuan, marking a 1.15% increase from the previous year [2]. - Net profit reached 149.559 billion yuan, up by 1.05% from 2023 [2]. - Net profit attributable to shareholders was 148.391 billion yuan, showing a growth of 1.22% year-on-year [2]. - The net cash flow from operating activities was 447.023 billion yuan, an increase of 24.95% compared to the previous year [2]. - Basic earnings per share for ordinary shareholders were 5.66 yuan, a slight increase of 0.53% from 2023 [2]. Asset and Deposit Growth - By the end of 2024, the bank's total assets exceeded 12 trillion yuan [3]. - Customer deposits surpassed 9 trillion yuan [3]. Leadership and Compensation - Wang Liang, who has been with the bank since June 1995, serves as the executive director, president, and CEO [5]. - Wang's salary for the year was reported at 2.9617 million yuan [5].