China Everbright Bank's 2024 Profit Rises 2%; Net Interest Income Misses Estimate

MT Newswires Live
03-31

China Everbright Bank (HKG:6818) attributable profit inched up 2.2% to 41.7 billion yuan in 2024 from 40.8 billion yuan in 2023, according to a Friday filing with the Hong Kong bourse.

Earnings per share at the bank increased 1.6% to 0.62 yuan from 0.61 yuan. Analysts at Visible Alpha estimated EPS also at 0.62 yuan.

Net interest income fell 10% to 96.7 billion yuan from 107.5 billion yuan. Visible Alpha analysts forecast revenue at 97.6 billion yuan.

The company declared a final dividend of 0.85 yuan per 10 shares or 0.085 yuan per share, payable Aug. 15.

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