Bank of Changsha (601577.SH) net profit for 2024 was 7.98 billion yuan, a year-on-year increase of 6.92%.

Bank of Changsha (601577.SH) disclosed its 2024 financial report. In 2024, it achieved operating income of 25.936 billion yuan, a year-on-year increase of 4.57%; net profit attributable to shareholders of the listed company was 7.98 billion yuan, a year-on-year increase of 6.92%. By the end of 2024, the total assets were 1.147.018 billion yuan, an increase of 126.985 billion yuan from the beginning of the year, a growth of 12.45%; the total principal amount of deposits absorbed was 722.975 billion yuan, an increase of 64.118 billion yuan from the beginning of the year, a growth of 9.73%; the total principal amount of loans and advances granted was 545.109 billion yuan, an increase of 56.718 billion yuan from the beginning of the year, a growth of 11.61%. By the end of 2024, the non-performing loan ratio was 1.15%, unchanged from the beginning of the year; the provision coverage ratio was 314.23%, an increase of 0.02 percentage points from the beginning of the year.