CCBG Latest Report

Financial Report Performance

As of December 31, 2024, Capital City Bank (stock code: CCBG) recorded a total operating revenue of RMB598.63 million, up 6.29% from RMB563.27 million as of December 31, 2023. This growth indicates a steady increase in the company's operating revenue, reflecting its market competitiveness and effective business expansion.

Key Financial Data

1. The operating revenue in 2024 was RMB598.63 million, up RMB3.53 million from RMB563.27 million in 2023, a growth of 6.29%.

2. Interest income increased from RMB39.17 million to RMB41.10 million, adding RMB1.34 million, contributing to the growth of total operating revenue.

3. Possible growth factors include increased market demand, product and service innovation, expanded customer base, and increased interest income.

Industry Comparison

1. Overall industry analysis: The overall operating revenue of the financial industry is affected by interest rate policies, market demand, and economic recovery, with many banks showing revenue growth in 2024, especially in loan and deposit businesses.

2. Peer evaluation analysis: CCBG's operating revenue growth rate of 6.29% is in the middle to upper range of the industry, compared to other banks' growth rates (mostly between 4%-5%) which demonstrates its competitive advantage.

Summary

CCBG's operating revenue growth in 2024 reflects its effective business expansion and innovation in the market. The company's outstanding performance in interest income and customer base expansion lays a foundation for continued revenue growth.

Opportunities

1. Continued market demand growth provides opportunities for CCBG to expand its business.

2. Launching new financial products and services can further attract customers and increase revenue sources.

3. Expanding the customer base helps to enhance overall transaction volume and activity.

4. Macroeconomic recovery and policy support may provide more opportunities for credit businesses.

Risks

1. Intensified competition may affect CCBG's market share and profitability.

2. Macroeconomic uncertainties may put pressure on banks' credit demand.

3. Interest income may be affected by changes in interest rate policies, affecting overall profitability.

4. External environment changes, such as international geopolitical uncertainties, may have potential impacts on operating revenue.