东莞银行2024年营收净利双降，去年违规被罚款410万元

Core Insights - Dongguan Bank reported a decline in both revenue and net profit for the first time in five years, with revenue decreasing by 9.81% and net profit by 8.2% due to economic slowdown and declining interest rates [1][2][5] Financial Performance - In 2024, Dongguan Bank achieved operating revenue of 10.197 billion yuan, a decrease of 3.69% from the previous year, and net profit of 3.733 billion yuan, down 8.2% [2][4] - The bank's total assets increased to 672.730 billion yuan, reflecting a growth of 6.97% [2] - Interest income fell to 20.059 billion yuan, a decrease of 1.66%, while interest expenses rose to 12.941 billion yuan, an increase of 7.26% [4] Business Challenges - The decline in revenue and profit is attributed to global economic slowdown, increased tariffs, and weak credit demand, alongside a continued downward trend in loan interest rates [5] - The bank's non-performing loan ratio increased to 1.01% from 0.93% in the previous year, indicating rising credit risk [6] Regulatory and Governance Issues - Dongguan Bank faced regulatory penalties totaling 4.1 million yuan in 2024, with two subsidiaries reporting negative net profits [6] - The proportion of state-owned shares in the bank increased from 37.52% to 42.00% [8] IPO Progress - Dongguan Bank's IPO journey has been ongoing since 2008, with the latest application submitted in 2023, but the review was halted in March 2025 due to expired financial documents [1][8]