The financial performance of the Bank of East Asia (BEA) has seen significant improvements over the past year. According to the latest financial report, BEA recorded a profit attributable to parent company shareholders amounting to HK$4.6 billion (approximately US$591.9 million) for 2024, marking an impressive increase of 11.9% compared to the previous year. This growth underscores the bank's robust financial health and strategic effectiveness.

Despite modest changes in certain metrics, the bank demonstrated steady progress. Operating profit before impairment losses saw a slight rise of 0.3% year-over-year, reaching HK$11.34 billion (US$1.46 billion). The basic earnings per share stood at HK$1.02, while the second interim dividend per share with a scrip option was set at HK$0.38. Additionally, the net interest margin for 2024 was 2.09%, indicating stable interest income generation. The bank's capital ratios also remained strong, with the Tier 1 capital ratio at 18.7%, the common equity Tier 1 (CET1) capital ratio at 17.7%, and the total capital ratio at 22.3%.

The positive financial outcomes highlight the resilience and adaptability of BEA in navigating the complexities of the global banking sector. These results not only reflect the bank's commitment to sustainable growth but also its dedication to maintaining solid financial foundations. Such achievements serve as a testament to the bank's leadership and strategic vision, positioning it well for future opportunities and challenges in the industry.