贵阳银行(601997) - 2024 Q1 - 季度财报

Financial Performance - Operating income for Q1 2024 was CNY 3,645,357, a decrease of 2.51% compared to CNY 3,739,272 in Q1 2023[6] - Net profit attributable to shareholders was CNY 1,548,500, down 3.65% from CNY 1,607,119 in the same period last year[6] - The basic earnings per share attributable to ordinary shareholders was CNY 0.42, a decrease of 4.55% from CNY 0.44 in Q1 2023[6] - Total profit amounted to RMB 1,663,602 thousand, down from RMB 1,797,652 thousand in the same period last year[26] - Net profit for Q1 2024 was RMB 1,564,142 thousand, compared to RMB 1,627,570 thousand in Q1 2023[26] - Total comprehensive income for Q1 2024 reached RMB 1,913,400 thousand, compared to RMB 1,716,924 thousand in Q1 2023[26] Cash Flow - Net cash flow from operating activities increased by 57.32% to CNY 19,055,131, compared to CNY 12,112,600 in Q1 2023[6] - The total cash inflow from operating activities was RMB 33,175,149 thousand, compared to RMB 34,231,103 thousand in the same period last year[27] - The net cash flow from financing activities was RMB 9,013,502 thousand, a recovery from a net outflow of RMB 6,171,056 thousand in Q1 2023[27] - The total cash and cash equivalents at the end of Q1 2024 reached RMB 46,001,929 thousand, compared to RMB 15,008,363 thousand at the end of Q1 2023[27] - The net increase in deposits from customers and other financial institutions was RMB 2,057,994 thousand, significantly lower than RMB 22,770,619 thousand in Q1 2023[27] Assets and Liabilities - Total assets as of March 31, 2024, reached CNY 723,944,485, reflecting a 5.21% increase from CNY 688,068,214 at the end of 2023[6] - The total liabilities increased to RMB 658,497,496 thousand from RMB 624,534,625 thousand, reflecting a rise of about 5.4%[25] - The bank's total equity increased to RMB 65,446,989 thousand from RMB 63,533,589 thousand, showing a growth of about 3.0%[25] Deposits and Loans - Total deposits reached CNY 405,218,494 thousand, an increase from CNY 400,219,873 thousand in the previous year[10] - The bank's total loans reached CNY 330,502,150 thousand, an increase from CNY 324,040,615 thousand, reflecting a growth in lending activities[16] - Retail savings time deposits increased to CNY 161,288,961 thousand, up from CNY 145,526,473 thousand, reflecting a growth of 10.5%[10] Investment and Income - The bank's investment income rose by 101.55% to CNY 448,572 compared to CNY 222,563 in Q1 2023[9] - The bank's net fee and commission income was RMB 128,855 thousand, slightly down from RMB 139,767 thousand in the previous year[26] - Net interest income decreased to RMB 2,880,020 thousand from RMB 3,426,702 thousand year-over-year[26] Risk and Asset Quality - Non-performing loan ratio increased to 1.63% from 1.59% in the previous quarter, indicating a slight deterioration in asset quality[13] - The coverage ratio for loan loss provisions improved to 247.28% from 244.50%, indicating a stronger buffer against potential loan losses[13] - The bank is focused on risk management and asset quality control, particularly in key sectors and industries[23] Regulatory and Capital Position - The capital adequacy ratio improved slightly to 14.51% from 14.45% year-on-year, demonstrating a stable capital position[11] - The bank's leverage ratio was reported at 8.52%, maintaining a healthy balance between capital and total assets[14] - Capital adequacy ratio was 14.51%, with a Tier 1 capital ratio of 13.16% and a core Tier 1 capital ratio of 12.11%, all meeting regulatory requirements[23] Future Outlook - The bank plans to expand its market presence and enhance its digital banking services in the upcoming quarters[25] - Ongoing research and development efforts are focused on new financial products to meet evolving customer needs[25]