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February 28, 2025Financial

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."