On April 29, Bank Of Qingdao Co.Ltd(002948) released its first quarterly report, which showed that the bank achieved an operating revenue of 2.677 billion yuan in the first quarter, a year-on-year decrease of 5.74%; The net profit attributable to the parent company was 786 million yuan, a year-on-year increase of 21.73%. By the end of March 2022, the total assets were 527226 billion yuan, an increase of 0.95% over the end of the previous year.
The bank’s main regulatory indicators meet regulatory requirements. As of the end of March, the non-performing loan ratio was 1.33%, down 0.01 percentage points from the end of the previous year; The provision coverage rate was 198.38%, an increase of 0.96 percentage points over the end of the previous year; The capital adequacy ratio was 16.30%, an increase of 0.47 percentage points over the end of the previous year.
