23家上市银行2024年业绩一览：投资支撑营收，拨备补偿利润

Investment Rating - The report rates the banking industry as "Outperforming the Market" [5] Core Insights - The banking sector is experiencing a slight decline in revenue but shows signs of recovery with a positive profit growth rate. The sample companies reported total operating income of 5 trillion yuan, a year-on-year decrease of 0.6%, with profit growth of 1.85% [11][4] - Investment income is growing rapidly, contributing to revenue, while provisions for asset impairment are decreasing, thus supporting profit margins [11][4] Summary by Sections Revenue and Profitability - The sample companies achieved a net profit attributable to shareholders of 1.91 trillion yuan, reflecting a year-on-year increase of 1.85% [11] - Investment income increased by 19.16%, while net interest income and commission income decreased by 2.34% and 9.28%, respectively [11][4] Loan and Deposit Growth - The total loan and advance scale reached 158.05 trillion yuan, with a year-on-year growth of 7.74% [27] - Company loans, retail loans, and bill discounts accounted for 57.74%, 36.27%, and 5.74% of total loans, respectively, with company loans growing by 8.92% year-on-year [27][28] Deposit Trends - Total deposits amounted to 182.47 trillion yuan, with a year-on-year growth of 5.0% [27] - The proportion of personal deposits increased to 53.37%, while the growth rate of time deposits slowed down [27][3] Asset Quality - The average non-performing loan ratio decreased slightly to 1.17%, indicating improved asset quality [4] - The average provision coverage ratio was 273.57%, reflecting a strong buffer against potential loan losses [4] Interest Margin - The average net interest margin was 1.65%, with a year-on-year decline of 0.19%, although the rate of decline is narrowing [3][4]