news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

the 2024 semi-annual reports of 17 a-share listed city commercial banks have been fully disclosed.

in terms of revenue, in the first half of 2024, 12 of the 17 a-share listed city commercial banks achieved growth, while 5 experienced negative growth.

in terms of net profit attributable to parent companies, among the 17 a-share listed urban commercial banks, 13 achieved growth, while 4 experienced negative growth.

in terms of growth rate, compared with the same period last year, the average growth rate of revenue and net profit of a-share listed city commercial banks in the first half of 2024 slowed down, the average net interest margin declined, and the non-performing loan ratio increased compared with the end of last year.

the overall revenue growth rate slowed down, with qingdao bank leading the way with an increase of more than 11%

in the first half of 2024, a total of 12 a-share listed city commercial banks achieved revenue growth, 5 experienced negative growth, with an average growth rate of 3.03%.

the revenue growth rate of bank of qingdao exceeded double digits, leading the a-share listed city commercial banks. in the first half of 2024, bank of qingdao achieved operating income of 7.128 billion yuan, a year-on-year increase of 11.98%. bank of nanjing, bank of jiangsu and bank of ningbo followed closely behind, with revenue growth of more than 7% year-on-year, at 7.87%, 7.16% and 7.13% respectively.

five a-share listed city commercial banks experienced negative revenue growth in the first half of the year, including bank of shanghai, xiamen bank, lanzhou bank, guiyang bank and zhengzhou bank, with revenues down 0.43%, 2.21%, 3.61%, 4% and 7.59% year-on-year respectively. in the same period last year, three a-share listed city commercial banks experienced negative revenue growth, including bank of beijing (-1.56%), guiyang bank (-3.12%) and shanghai bank (-5.66%).

data on operating income of a-share listed city commercial banks in the first half of 2024 source: wind

compared with the first half of last year, the average revenue growth rate of a-share listed city commercial banks slowed down in the first half of this year. wind data showed that in the first half of this year, the average growth rate of a-share listed city commercial banks was 3.03%, down 1.28 percentage points from the same period last year.

the overall growth rate of net profit slowed down, and hangzhou bank's net profit increased by more than 20% year-on-year

in terms of net profit attributable to shareholders, in the first half of 2024, 13 a-share listed city commercial banks achieved net profit growth, while 4 experienced negative growth. the number of a-share listed city commercial banks experiencing negative growth was 2 more than the same period last year.

the net profits of hangzhou bank and qilu bank increased by more than 15% year-on-year. among them, hangzhou bank achieved a net profit attributable to its parent company of 9.996 billion yuan, a year-on-year increase of 20.06%; qilu bank achieved a net profit attributable to its parent company of 2.347 billion yuan, a year-on-year increase of 16.98%.

the four a-share listed city commercial banks with negative net profit growth were bank of lanzhou, bank of guiyang, bank of xiamen and bank of zhengzhou, with net profit down 1.53%, 7.08%, 15.03% and 22.12% year-on-year respectively. the two a-share listed city commercial banks with negative net profit growth in the same period last year were bank of guiyang (-2.29%) and bank of zhengzhou (-19.14%).

net profit attributable to parent companies of a-share listed city commercial banks in the first half of 2024 data source: wind

compared with the same period last year, the net profit growth rate of a-share listed city commercial banks in the first quarter of this year has dropped significantly. wind data shows that in the first half of this year, the average net profit growth rate of a-share listed city commercial banks was 3.7%, a decrease of 7.52 percentage points from the same period last year.

the growth rate of asset scale increased, and the scale of 8 listed city commercial banks exceeded one trillion yuan

in terms of asset size, as of the end of june 2024, there are 8 a-share listed city commercial banks with total assets exceeding 1 trillion yuan. among them, the total assets of bank of beijing, bank of jiangsu, bank of shanghai and bank of ningbo exceed 3 trillion yuan, which are 3945.656 billion yuan, 3770.834 billion yuan, 3223.31 billion yuan and 3033.744 billion yuan respectively.

as of the end of june 2024, the asset size of a-share listed city commercial banks data source: wind

compared with the first half of last year, the asset size of a-share listed city commercial banks has increased in the first half of this year. according to wind data, as of the end of june 2024, the asset size of a-share listed city commercial banks increased by 6.56% on average compared with the end of the previous year, and the growth rate increased by 2.41 percentage points compared with the same period last year.

the net interest margin declined overall, but lanzhou bank's net interest margin increased against the trend

as of the end of june 2024, the average net interest margin of a-share listed city commercial banks was 1.61%, down 0.2 percentage points from the same period last year. among the 17 a-share listed city commercial banks, 16 saw a decline in net interest margin, and only one saw an increase in net interest margin.

as of the end of june 2024, the net interest margin of a-share listed city commercial banks data source: wind

lanzhou bank is the only a-share listed city commercial bank whose net interest margin increased compared with the same period last year. as of the end of june 2024, lanzhou bank's net interest margin was 1.59%, up 0.08 percentage points from the same period last year.

the average non-performing loan ratio increased compared with the end of last year

in terms of asset quality, as of the end of june 2024, the non-performing loan ratio of 7 a-share listed city commercial banks was less than 1%. among them, the non-performing loan ratio of chengdu bank was 0.66%, the non-performing loan ratios of ningbo bank, hangzhou bank and xiamen bank were all 0.76%, and the non-performing loan ratios of nanjing bank, suzhou bank and jiangsu bank were 0.83%, 0.84% ​​and 0.89% respectively.

as of the end of june 2024, the asset quality of a-share listed city commercial banks data source: wind

correspondingly, the provision coverage ratios of the above-mentioned banks all maintained at a relatively good level. the provision coverage ratio of hangzhou bank exceeded 500%, at 545.17%, while the provision coverage ratios of chengdu bank, suzhou bank and ningbo bank exceeded 400%, at 496.02%, 486.8% and 420.55% respectively.

compared with the end of last year, the non-performing loan ratio of a-share listed city commercial banks has increased. wind data shows that as of the end of june 2024, the arithmetic average of the non-performing loan ratio of a-share listed city commercial banks was 1.17%, up 0.02 percentage points from the end of last year.