Summary by Futu AI
In 2024, Agricultural Bank Of China achieved a net profit of 282.671 billion yuan, a year-on-year increase of 4.8%; revenue reached 711.416 billion yuan, growing 2.3% year-on-year. Net interest income was 580.692 billion yuan, up 1.6% compared to the previous year; the net income from fees and commissions was 75.567 billion yuan, a decrease of 5.7% year-on-year.The asset quality remained stable, with a non-performing loan ratio of 1.30%, down 0.03 percentage points from the end of last year; the provision coverage ratio stood at 299.61%.The group's total asset size reached 43,238.135 billion yuan, an increase of 8.4% compared to the end of last year. Total customer loans and advances amounted to 24,906.187 billion yuan, growing 10.1% from the end of last year; deposits absorbed reached 30,305.357 billion...Show More