Home » Fully expand sources of income, Bank of Chengdu’s net profit will increase by 30% in 2021 – Teller Report Teller Report

Fully expand sources of income, Bank of Chengdu’s net profit will increase by 30% in 2021 – Teller Report Teller Report

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  Bank of ChengduOn the evening of April 27, the 2021 annual report was disclosed, and the company was operatingperformanceContinue to rise, operating efficiency is stable and improving, and achieves full yearOperating income17.890 billion yuan, a year-on-year increase of 3.291 billion yuan, an increase of 22.54%; attributable to the parent companyshareholderofnet profit7.831 billion yuan, a year-on-year increase of 1.806 billion yuan, an increase of 29.98%; basic earnings per share was 2.09 yuan, a year-on-year increase of 0.42 yuan; weighted average return on equity was 17.60%, an increase of 1.66 percentage points year-on-year. The company plans to distribute cash dividends of 6.3 yuan (tax included) to all shareholders for every 10 shares.

2021,Bank of ChengduThe business scale continued to jump, and the operating structure remained stable. By the end of 2021, the bank’s total assets, deposits and loans will exceed 760 billion yuan, 540 billion yuan, and 380 billion yuan respectively, all achieving an increase of about “100 billion yuan” over the previous year. Specifically, total assets reached 768.346 billion yuan, an increase of 115.913 billion yuan or 17.77% over the end of the previous year; total deposits were 544.142 billion yuan, an increase of 99.155 billion yuan or 22.28% over the end of the previous year; total loans were 389.626 billion yuan, an increase of 1055.59 over the end of the previous year. 100 million yuan, an increase of 37.16%. The ratio of deposits to total liabilities was 75.96%, which continued to rise by 2.57 percentage points from a high level.

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The quality of the company’s assets continued to be optimized, with good safety and liquidity performance. At the end of the reporting period, the non-performing loan ratio of the whole bank was 0.98%, a decrease of 0.39 percentage points from the end of the previous year, the provision coverage ratio was 402.88%, an increase of 109.45 percentage points from the end of the previous year, and the liquidity ratio was 67.68%, an increase of 3.08 percentage points from the end of the previous year. Sustained abundance.

  Bank of ChengduIn 2021, we will further promote transformation and innovation, make every effort to broaden the sources of income, and successfully achieve stable income and increase income, and maintain strong profit momentum. The revenue growth of treasury business exceeded expectations. By grasping market allocation and trading opportunities, the cost of active liabilities was reduced, and the trading and marketing capabilities were continuously improved to continuously improve the comprehensive income of treasury business.financial managementThe scale of products has reached a new level. Under the premise of resolutely implementing the new regulations on asset management, the scale of wealth management products at the end of the year exceeded 63 billion yuan, an increase of more than 10 billion yuan compared with the beginning of the year.Investment Banking Business Accelerated Development, Actively CooperatingcreditThe progress of asset placement, stable stock and efficient assets, the total underwriting amount of PPN is the first in Sichuan Province, and the number of newly issued debt financing instruments is the second in Sichuan Province. The effect of international business expansion was outstanding, the linkage between domestic and foreign currencies was strengthened, and the basic customer base was continuously consolidated, and the international settlement volume exceeded the US$2 billion mark for the first time.electronicbankBusiness maintained rapid growth, with over 430,000 new personal e-banking customers, WeChatbankThe number of new customers exceeds 640,000, and the electronicbankEarnings contribution has grown for seven consecutive years.

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Bank of Chengdu said that in the future, it will focus on the three major transformation directions of “digitalization, refinement, and large-scale retailing”, adhere to the 15-character business policy of “expanding deposits, expanding assets, focusing on compliance, expanding customer base, and shaping characteristics”, and actively explores differentiation. , a characteristic transformation and development path, and comprehensively launched a three-year battle of “scale reaching trillions, management entering the first echelon”, and strive to create a new national financial business card that reflects the energy level of the Chengdu-Chongqing economic circle.

The 2022 first quarter report disclosed by the company at the same time shows that in the first quarter of this year, Chengdu Bank continued to maintain steady growth, achieving operating income of 4.835 billion yuan, a year-on-year increase of 17.65%; net profit attributable to shareholders of the parent company was 2.15 billion yuan, a year-on-year increase of 28.83%. .

(Article source: ShanghaisecuritiesNewspaper Chinasecuritiesnetwork)

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