Bank of Tianjin (01578) announced its 2023 annual results report, with operating revenue of approximately RMB 16.456 billion (...
According to the Zhitong Finance App, Bank of Tianjin (01578) announced its 2023 annual results report. Operating revenue was approximately RMB 16.456 billion (same unit), up 4.4% year on year; net profit attributable to the bank's shareholders was approximately RMB 3.76 billion, up 5.5% year on year; and earnings per share were 0.62 yuan.
By the end of 2023, the bank's total assets were RMB 840.77 billion, an increase of RMB 79.69 billion, or 10.5%, of which customer loans and advances were RMB 396.01 billion, an increase of RMB 58.61 billion, or 17.4%; total liabilities were RMB 775.74 billion, an increase of RMB 75.28 billion over the end of the previous year, an increase of RMB 75.28 billion, an increase of 10.7%, of which customer deposits amounted to RMB 500.69 billion, an increase of 13.3% over the end of the previous year. A reasonable increase in volume has been achieved.
By the end of 2023, the bank's non-performing loan ratio was 1.70%, down 0.14 percentage points from the end of the previous year; the provision coverage rate was 167.86%, up 8.59 percentage points from the end of the previous year, and the foundation for sustainable development continued to be consolidated.