According to the Zhitong Finance App, Dongguan Agricultural Commercial Bank (09889) announced the results for the first quarter of 2024. The group obtained net interest income of 2,534 billion yuan (RMB, same below) during the period, a year-on-year decrease of 4.91%; total operating income of 3.239 billion yuan, a year-on-year decrease of 6.86%; and net profit to mother of 1.919 billion yuan, a decrease of 1.43% year-on-year.
According to the announcement, as of March 31, 2024, the capital adequacy ratio under the Group's 1104 consolidated benchmark was 16.07%, the Tier 1 capital adequacy ratio was 13.90%, and the core Tier 1 capital adequacy ratio was 13.87%.