The assets of city commercial banks are large but not strong.

In 20021year, the capital strength and income-generating ability of city commercial banks have improved, but the differentiation can not be ignored.

Tsinghua financial review 07- 18

municipal commercial bank

This article is ***249 1 word, and the estimated reading time is 49 seconds.

Text/Tsinghua Financial Review Senior Editor Elvis Presley

In 20021year, the capital strength of China City Commercial Bank increased year-on-year, and the asset scale increased. At the same time, the operating income continued to rise, and the net profit attributable to the parent company increased. However, the bank's concessions to the real economy and the cumulative impact of several downward adjustments of LPR have generally reduced the net interest margin. In addition, the asset quality and risk compensation ability of city commercial banks have been enhanced.

It should be noted that from capital strength and asset scale to operating income and net profit attributable to the parent company, to asset quality and risk compensation ability, there has been differentiation among city commercial banks. Bank of Beijing has the strongest capital strength and the largest assets, and the largest net profit attributable to the parent company, but the growth rate has slowed down, and the profit attributable to the parent company has increased by 3.5% year-on-year.

City commercial banks in Jiangsu, such as Bank of Jiangsu, Bank of Bank of Ningbo and Bank of Nanjing, rank in the top five in terms of profit scale attributable to parent companies, and their profit growth rate is quite gratifying, all exceeding 20%.

The overall capital strength has been enhanced, but the differentiation can not be ignored.

The data shows that in 20021year, the capital strength of city commercial banks mostly increased year-on-year, but there was also differentiation. Specifically, the five city commercial banks whose net core tier-one capital exceeds 1000 billion yuan are Bank of Beijing, Bank of Shanghai, Bank of Jiangsu, Bank of Bank of Ningbo and Bank of Nanjing, and their core tier-one capital has increased slightly, all of which are above 7%, with Bank of Ningbo reaching 29.8%.

Table 1: Net Core Tier 1 Capital of City Commercial Banks and Its Changes 202 1

Source: wind

Among the top ten city commercial banks with net core Tier 1 capital, the situation of two banks attracts people's attention. Among them, the net core Tier 1 capital of Jinzhou Bank decreased by 65,438+0.6%, and Shengjing Bank increased slightly by 0.5%.

Strong core capital adequacy ratio is the key to a bank's long-term steady development. In the past few years, the relevant banking regulatory authorities have encouraged commercial banks to replenish their capital through various channels.

However, everything has its limits, and excessive capital adequacy ratio is not a good thing. To some extent, it shows that banks have not actively carried out foreign business.

Table 2: Core Tier 1 Capital Adequacy Ratio and Changes of City Commercial Banks in 20021Year

Source: wind

In addition, it should be noted that this indicator of some city commercial banks fluctuates greatly, among which Sichuan Bank, which ranks first in 202 1 core capital adequacy ratio, decreased by 39.7% compared with the same period of last year, and Yibin City Commercial Bank increased by 12.6%.

Most assets increased, while some banks declined.

The data shows that among the top 20 city commercial banks in terms of assets, the year-on-year growth of total assets in 20021year was realized in most banks, among which Bank of Beijing continued to be among the best, with an increase of 5.5%, becoming the only city commercial bank with assets exceeding 3 trillion yuan.

Table 3: Total assets and changes of city commercial banks in 20021year

Source: wind

Shengjing Bank is an exception. Its total assets in 202 1 year decreased by 3. 1% year-on-year, but it still remained above the trillion scale.

Most of the profits attributable to the parent company increased, and most of the net interest margin decreased.

The data shows that in 20021year, the operating income of Bank of Beijing still ranked first, reaching 66.275 billion yuan, but the growth rate was relatively weak, increasing by 3. 1%. Bank of Jiangsu ranked second in operating income, with a year-on-year increase of 22.6%, reaching 63.77438 billion yuan.

Table 4: Operating Income and Growth of City Commercial Banks in 20021year

Source: wind

However, among the top 20 city commercial banks in 20021,five banks' operating income decreased by 0. 1%, Xiamen International Bank by 5.2%, Shengjing Bank by 5.2%, Guizhou Bank by 6.7% and Harbin Bank by 15.8%.

Judging from the net profit attributable to shareholders of the parent company, most of the top 20 city commercial banks in 20021achieved growth, among which Jiangsu Bank increased by 30.7%, Bank of Ningbo by 29.9%, Hangzhou Bank by 29.8% and Chengdu Bank by 30%.

Table 5: Net profit and growth of city commercial banks belonging to parent company in 20021year.

Source: wind

However, there were also three banks whose net profit returned to their mothers declined, among which the decline rate was as high as 25.8% in bank of tianjin, 5.7% in Xiamen International Bank and 7.9% in Guangzhou Bank. It can be seen that the overall profitability of city commercial banks is improving, but a few banks are more differentiated.

The data shows that in 20021year, most of the net interest margin of city commercial banks decreased year-on-year, which was mainly affected by factors such as banks' concessions to the real economy, the cumulative impact of repeated downward adjustments of LPR, and the decline in loan yield.

However, for city commercial banks, whether it is rising or falling, compared with large commercial banks and joint-stock commercial banks, the interest difference is relatively large. The decline rate is as high as 20%. For example, Dazhou Bank decreased by 2 1.7%, Jiangsu Changjiang Commercial Bank decreased by 20.4%, Leshan Commercial Bank decreased by 20.9% and Zhangjiakou Bank decreased by 20.3%.

Table 6: Net interest margin and changes of city commercial banks in 20021year

Source: wind

The spread of 202 1 of individual city commercial banks increased dramatically year-on-year. For example, Zigong Bank increased by 44.6% and Yibin City Commercial Bank increased by 52.8%, but the increase was partly due to the relatively low spreads between the two banks, which were 1.7028% and 1.6026% respectively.

Enhance asset quality and risk compensation ability.

After watching Oscar, watch the Golden Raspberry Award. Among the city commercial banks that have published data, the non-performing loan ratio has declined in the majority. At present, the non-performing loan ratio of Harbin Bank ranks first, reaching 15.02%, but it decreased by 0.7% in 20021year. Several banks experienced an alarming decline, and a few banks reported a year-on-year increase in non-performing loan ratio, that is, bank of tianjin increased by 5. 1% to 7.79%, Qilu Bank increased by 37.5% to 4.44%, and Shanghai Bank increased by 40.3% to 1.08%.

Table 7: Non-performing loan ratio and changes of city commercial banks in 20021year

Source: wind

It should be pointed out that among more than 20 city commercial banks in/kloc-0, the non-performing loan ratio is announced by a few. I don't know what the banks that didn't release this data are considering.

In terms of non-performing loan provision coverage ratio, most of the top 20 city commercial banks in 20021achieved growth, while only three banks, namely Kunlun Bank, Guangzhou Huaxing Bank and Shanghai Bank, saw year-on-year decreases of 1.3%, 7.7% and 6.3%.

Table 8: Provision coverage ratio of city commercial banks in 20021year and its changes

Source: wind

The top three banks with the highest provision coverage ratio were Jiaxing Bank, which reached 602.59%, Hangzhou Bank, which reached 567.438+0%, and Tangshan Bank, which reached 540.47%.

Looking ahead, small and medium-sized banks, including city commercial banks, still face a series of challenges and uncertainties. On the one hand, under the trend of market liberalization and competition, small and medium-sized banks have relatively limited asset scale and their own ability accumulation. On the other hand, competition from large banks and financial technology companies is also intensifying. It may be a way out for small and medium-sized banks to find their own characteristic direction and strive to consolidate their unique ability foundation.