Annualized weighted ROE reached 11.59%
On the evening of April 29, CCB disclosed its quarterly report.
According to the quarterly report, as of March 31, 2024, CCB's total assets were 39.73 trillion yuan, an increase of 3.66%. Total liabilities amounted to 36.47 trillion yuan, an increase of 3.74%.
In the first quarter of 2024, CCB achieved operating income of 20.928 billion yuan, a year-on-year decrease of 2.97%; net profit attributable to the bank's shareholders was 86.817 billion yuan, down 2.17% from the same period last year.
In the first quarter of 2024, CCB's average annualized return on assets was 0.89%, and the annualized weighted average return on net assets was 11.59%, continuing to maintain the industry's superior level.
By the end of the first quarter, CCB's capital adequacy ratio was 19.34%, the Tier 1 capital adequacy ratio was 15.04%, and the core Tier 1 capital adequacy ratio was 14.11%, continuing to meet regulatory requirements. The non-performing loan ratio was 1.36%, the provision coverage rate was 238.17%, and the quality of assets remained stable.