Summary by Futu AI
China Citic Bank Corporation ("China Citic Bank") released the third quarter report for 2024 on October 30, 2024. The report indicates that China Citic Bank and its subsidiaries achieved unaudited performance in the first three quarters of 2024, with operating income of 161,820 million Chinese yuan, a year-on-year increase of 3.77%; net profit attributable to the bank's shareholders was 51,826 million Chinese yuan, a slight increase of 0.76% year-on-year. As of September 30, 2024, China Citic Bank's total assets were 9,259,247 million Chinese yuan, an increase of 2.28% from the end of the previous year; total loans and advances amounted to 5,631,809 million Chinese yuan, an increase of 2.43%; total customer deposits were 5,609,320 million Chinese yuan, an increase of 3.91%. The capital adequacy ratio was 13.78%, the leverage ratio was 7.35%, and the liquidity coverage ratio was 142.51%, all in compliance with regulatory requirements. The board of directors approved and authorized the release of this report on the same day.