China Merchants Bank Co.,Ltd.’s Net Profit Rose 1% in 2024

Published: May. 28, 2025 4:41 p.m. GMT+8

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China Merchants Bank Co.,Ltd. (招商银行股份有限公司) (600036.SH) reported a net profit of 149.6 billion yuan in 2024, up 1% year-on-year.

Meanwhile, the company posted 337.5 billion yuan in revenue, down 0.5% year-on-year.

At the end of the reporting period, it had 12.2 trillion yuan in total assets and 10.9 trillion yuan in total liabilities, with a liability-to-asset ratio of 89.9%.

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