3 6 Ke·2025-05-08 12:25Core Insights - The performance of 42 A-share listed banks in 2024 shows a stable revenue trend with a slight increase in net profit, indicating resilience in a challenging economic environment [2][3]. Revenue Performance - In 2024, the total operating revenue of the 42 listed banks reached CNY 56,511.98 billion, nearly unchanged from CNY 56,467.22 billion in 2023, with 32 banks reporting positive growth and 10 banks experiencing negative growth [2][5]. - Among the banks, 4 achieved double-digit revenue growth, led by Ruifeng Bank at 15.29%, followed by Xian Bank (13.68%), Nanjing Bank (11.32%), and Changshu Bank (10.53%) [5][6]. Profitability Metrics - The total net profit attributable to shareholders reached CNY 21,440.7 billion, an increase of CNY 492.03 billion or 2.35% year-on-year, with 38 banks showing positive growth [2][9]. - Eleven banks reported double-digit growth in net profit, with Pudong Development Bank leading at 23.31% growth, despite a significant decline in the previous year [9][10]. Asset Quality - The overall non-performing loan (NPL) ratio for the 42 banks remained below 2%, with 16 banks reporting an NPL ratio below 1% [14][15]. - The provision coverage ratio was robust, with 18 banks exceeding 300%, and 7 banks surpassing 400%, indicating strong risk management practices [13][15]. Non-Interest Income - Eighteen banks had a non-interest income ratio exceeding 30%, with Nanjing Bank leading at 47.04%, reflecting a shift towards investment income as a revenue driver [13]. Key Ratios - Only two banks reported a net interest margin (NIM) above 2%, namely Changshu Bank (2.71%) and Changsha Bank (2.11%), while the overall NIM for the sector declined compared to 2023 [7][8]. - The weighted return on equity (ROE) showed that only two banks exceeded 15%, with Chengdu Bank and Hangzhou Bank at 17.81% and 16%, respectively [11][12].