北京银行2024年营收利润双增，零售AUM增幅17.25％

Core Viewpoint - Beijing Bank reported a total asset of 4.22 trillion yuan by the end of 2024, marking a 12.61% increase from the beginning of the year, with a net profit of 25.83 billion yuan, reflecting a 0.81% year-on-year growth, and a significant stock price increase of 43.69% over the year, the largest in nearly a decade [1] Financial Performance - The bank achieved an operating income of 69.917 billion yuan, a year-on-year increase of 4.81% [1] - Net interest income was 51.910 billion yuan, up 3.10% year-on-year, while non-interest income reached 18.007 billion yuan, growing by 10.06% [2] - The net interest margin was 1.47%, down 0.07 percentage points year-on-year, which is significantly lower than the industry average [2] Asset Quality - The non-performing loan (NPL) ratio decreased to 1.31%, down 0.01 percentage points from the beginning of the year, and overdue loans accounted for 1.62% of total loans, down 0.1 percentage points year-on-year [4] - The bank reported improvements in asset quality with a 4.3% increase in the amount of disposed non-performing assets and a 20.4% increase in cash recovery [4][5] Retail Business Growth - Retail business revenue reached 24.941 billion yuan, a 2.26% increase, contributing 36.97% to the total revenue [6] - Retail assets under management (AUM) grew to 1.22 trillion yuan, an increase of 178.8 billion yuan, representing a 17.25% growth, marking the best performance since the transformation [6] - Savings deposits increased by 123.1 billion yuan, with a growth rate of 19.99%, leading among 21 major banks [6] Strategic Focus for 2025 - The bank plans to enhance liability cost management and optimize customer structure while focusing on digital transformation and expanding into technology finance and specialized enterprises [3] - The bank aims to maintain a stable net interest margin and continue to grow non-interest income through investment banking and retail transformation [3] Specialty Financial Services - The bank reported significant growth in specialty financial services, with technology finance loans increasing by 40.52%, inclusive finance loans by 28.3%, green finance loans by 43.11%, and cultural finance loans by 32.39% [7]