Bank of China (stock codes: 3988 and 4619) announced the unaudited financial report for the third quarter of 2024. The report shows that as of September 30, 2024, the group's revenue reached 161176 million yuan, a year-on-year increase of 6.58%, with a net profit after tax of 60953 million yuan, an increase of 3.64%. Shareholders of the bank should enjoy a net profit after tax of 57162 million yuan, a year-on-year increase of 4.38%. However, the net cash flow from operating activities decreased significantly by 65.41% to 168139 million yuan. Basic and diluted earnings per share were 0.19 yuan, with a weighted average return on equity of 9.45%, a decrease from the same period last year. Total assets reached 34068988 million yuan, an increase of 5.05% over the previous year. Total equity...Show More

Bank of China (stock codes: 3988 and 4619) announced the unaudited financial report for the third quarter of 2024. The report shows that as of September 30, 2024, the group's revenue reached 161176 million yuan, a year-on-year increase of 6.58%, with a net profit after tax of 60953 million yuan, an increase of 3.64%. Shareholders of the bank should enjoy a net profit after tax of 57162 million yuan, a year-on-year increase of 4.38%. However, the net cash flow from operating activities decreased significantly by 65.41% to 168139 million yuan. Basic and diluted earnings per share were 0.19 yuan, with a weighted average return on equity of 9.45%, a decrease from the same period last year. Total assets reached 34068988 million yuan, an increase of 5.05% over the previous year. Total equity owned by shareholders of the bank totaled 2742107 million yuan, an increase of 4.28%. During the reporting period, Central Huijin Investment Co., Ltd. was the largest shareholder, with a stake of 64.13%. Bank of New York Mellon Corporation of the usa held all overseas preferred shares, accounting for 16.52%. In addition, the bank distributed the fourth tranche of domestic preferred stock dividends on August 29, 2024, totaling 1.1745 billion yuan, with a dividend yield of 4.35%. A cash dividend of 2.364 yuan was distributed per 10 shares of common stock, totaling 69.593 billion yuan in dividends.