Q4 2024 Financial Results
QMC Bank (LSE: QMC) today announced its financial results for the fourth quarter
and full year ended December 31, 2024. The bank reported strong performance across
all business segments, with significant growth in digital banking adoption and
customer acquisition.
Financial Highlights:
• Net income increased 15% year-over-year
• Digital banking users grew by 25%
• Operating efficiency improved by 200 basis points
• Strong capital position maintained with CET1 ratio of 14.5%
• Dividend increased by 10% year-over-year
"Our strong performance in 2024 reflects the successful execution of our strategy
and the dedication of our employees," said John Smith, CEO of QMC Bank. "We continue
to invest in digital transformation while maintaining our focus on customer service
and operational excellence."