Bank of Hangzhou disclosed its third-quarter report on the evening of the 21st. In the first three quarters of this year, Bank of Hangzhou achieved revenue of 28.494 billion yuan, an increase of 3.87% year-on-year, and achieved a net income of 13.87 billion yuan, an increase of 18.63% year-on-year. In terms of scale indicators, the total assets of the bank exceeded 2 trillion yuan, an increase of 9.58% from the end of the previous year; among them, the total loans amounted to 910.167 billion yuan, an increase of 12.77% from the end of the previous year, and the total deposits amounted to 1176.88 billion yuan, an increase of 12.59% from the end of the previous year. In terms of asset quality, the non-performing loan ratio of Bank of Hangzhou at the end of the third quarter was 0.76%, unchanged from the end of the previous year; the non-performing loan coverage ratio was 543.25%. The core Tier 1 capital adequacy ratio, Tier 1 capital adequacy ratio, and capital adequacy ratio were 8.76%, 11.00%, and 13.78%, respectively, with the core Tier 1 capital adequacy ratio increasing by 0.6 percentage points from 8.16% at the beginning of the year. In addition, the bank announced the 2024 mid-term profit distribution plan, based on the total common stock equity distribution registration date registration as the base, distributing a cash dividend of 3.7 yuan (including tax) per 10 shares to all registered common stock shareholders, totaling a proposed cash dividend of 2.194 billion yuan.
杭州银行前三季度净利润138.7亿元,同比增长18.63%
Bank of Hangzhou's net income for the first three quarters was 13.87 billion yuan, a year-on-year increase of 18.63%.
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