Summary by Futu AI
Ping An Insurance (Group) Co., Ltd. (referred to as "Ping An") released the Ping An Bank's third-quarter report for 2024 on October 18, 2024. The report shows that Ping An Bank achieved a revenue of 34,450 million yuan in the third quarter, with a net income of 13,850 million yuan, slightly lower than the same period last year. As of September 30, 2024, Ping An Bank's total assets amounted to 5,745,988 million yuan, total liabilities were 5,255,519 million yuan, and total shareholders' equity was 490,469 million yuan. During the reporting period, the cash flow from operating activities generated by Ping An Bank was 137,158 million yuan. In addition, on July 9, 2024, Ping An Bank issued a total of 30 billion yuan renminbi in subordinated capital bonds in the national interbank bond market to supplement Tier 2 capital. The Board of Directors of Ping An Bank Co., Ltd. announced the report on October 19, 2024.