Hangzhou Bank: Net profit in the first three quarters was 13.87 billion yuan, a rise of 18.63% year on year.

Gate.io data news on October 21st. Hangzhou Bank disclosed its third-quarter report in the evening of October 21st. The company achieved operating income of 28.494 billion yuan in the first three quarters of 2024, a rise of 3.87% year-on-year, and a net profit of 13.87 billion yuan, a rise of 18.63% year-on-year, with a basic earnings per share of 2.29 yuan. At the end of the third quarter of 2024, the company’s non-performing loan ratio was 0.76%, the same as the end of the previous year; the ratio of overdue loans to non-performing loans was 90.92%, and the ratio of loans overdue for more than 90 days to non-performing loans was 70.26%. In the first three quarters of 2024, the company made provisions for credit impairment losses of 4.583 billion yuan. The end-of-period provision coverage ratio for non-performing loans was 543.25%.