光大银行：营收三连跌，人均年薪超46万，多位高管降薪

Core Viewpoint - The financial report of Everbright Bank for 2024 shows a decline in revenue for the third consecutive year, with a slight increase in net profit, indicating challenges in revenue generation despite maintaining profitability [2][3][4]. Financial Performance - In 2024, Everbright Bank achieved operating revenue of 1354.15 billion yuan, a year-on-year decrease of 7.05% [2][3]. - Net profit for the year was 419.11 billion yuan, reflecting a growth of 2.03% compared to the previous year [2][3]. - Net interest income was 966.66 billion yuan, down 10.06% year-on-year, while net fee and commission income fell by 19.52% to 190.71 billion yuan [2][3][4]. Revenue Composition - In 2024, net interest income accounted for 71.39% of total revenue, a decrease of 2.38 percentage points year-on-year [4]. - The net interest margin was reported at 1.54%, down 20 basis points from the previous year, influenced by LPR repricing and declining domestic market interest rates [4]. Asset Quality - As of the end of 2024, the total assets of Everbright Bank reached 6.96 trillion yuan, an increase of 2.75% from the previous year [4]. - The non-performing loan (NPL) balance was 492.52 billion yuan, with an NPL ratio of 1.25%, unchanged from the previous year [5]. - The coverage ratio for provisions was 180.59%, a decrease of 0.68 percentage points year-on-year [5]. Employee Compensation and Structure - By the end of 2024, the total number of employees at Everbright Bank was 47,982, an increase of 400 from the previous year [7]. - The average employee salary rose to 464,000 yuan, an increase of 7,600 yuan year-on-year, while total employee compensation expenses were 22.263 billion yuan, up 2.52% [7][8]. - Several senior executives experienced salary reductions, with the vice presidents' salaries decreasing by over 100,000 yuan [7][8]. Dividend Distribution - Everbright Bank announced a cash dividend of 1.89 yuan per 10 shares for the 2024 fiscal year, totaling 111.67 billion yuan, which represents 26.78% of the net profit attributable to shareholders [9].