Bank Of Qingdao Co.Ltd(002948) released the annual report of 2021, which showed that last year, the bank achieved an operating revenue of 11.136 billion yuan, a year-on-year increase of 5.56%, and a net profit of 2.993 billion yuan, a year-on-year increase of 22.01%. By the end of 2021, the total assets of the bank were 522.25 billion yuan, an increase of 13.58% over the previous year.
In terms of asset quality, at the end of 2021, Bank Of Qingdao Co.Ltd(002948) non-performing loan ratio was 1.34%, 0.17 percentage points lower than that at the beginning of the year, and provision coverage was 197.42%, 27.80 percentage points higher than that at the end of the previous year; The capital adequacy ratio was 15.83%, an increase of 1.72 percentage points over the end of the previous year.
