FilingReader Intelligence

Bank of Communications reports modest profit growth in 2024

March 21, 2025 at 12:50 PM UTCBy FilingReader AI

Bank of Communications (BoCom) reported a net profit attributable to shareholders of RMB 93.59 billion for 2024, a modest 0.93% increase year-over-year. Operating income rose 0.87% to RMB 260.27 billion. Asset quality remained stable, with the non-performing loan ratio decreasing slightly to 1.31%. The bank's board recommends a cash dividend of RMB 0.197 per share.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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