Core Viewpoint - The performance of several A-share listed banks has shown significant improvement in the first half of 2025, with many banks reporting double-digit growth in net profit, which has positively influenced their stock prices [1][2][5]. Financial Performance - Changshu Rural Commercial Bank reported a revenue of 6.062 billion yuan, a year-on-year increase of 10.1%, and a net profit attributable to shareholders of 1.969 billion yuan, up 13.51% year-on-year [1][2]. - Other banks such as Ningbo Bank, Qingdao Bank, Qilu Bank, and Hangzhou Bank also reported positive earnings, with Ningbo Bank achieving a revenue of 37.16 billion yuan, a growth of 7.91%, and Qingdao Bank with a revenue of 7.662 billion yuan, growing by 7.5% [2]. Asset Quality - The asset quality of the banks remains stable, with Changshu Rural Commercial Bank, Ningbo Bank, and Hangzhou Bank maintaining a non-performing loan (NPL) ratio of 0.76%. Qilu Bank's NPL ratio is 1.09%, and Qingdao Bank's is 1.12%, both showing slight improvements from the previous year [3]. Market Performance - Bank stocks have performed well in 2025, with 26 out of 42 A-share listed banks seeing their stock prices rise. Changshu Rural Commercial Bank's stock increased by over 3%, while other banks like Postal Savings Bank and Agricultural Bank also saw gains [4]. Investment Sentiment - The positive earnings reports have alleviated market concerns regarding narrowing net interest margins and asset quality, reinforcing the upward momentum in bank stocks. The growth in earnings reflects improved operational resilience, boosting investor confidence in the long-term investment value of bank stocks [5]. Future Outlook - Analysts expect a structural market trend for bank stocks, with a stable macroeconomic foundation supporting continued improvement in the banking sector's fundamentals. However, some banks may face valuation challenges due to previous price increases [6]. - Key investment strategies include focusing on banks with strong asset quality and profitability, considering valuation levels, diversifying investments, and maintaining a long-term holding perspective to benefit from stable dividends and value growth [6].

Core Viewpoint - The company has reported a stable growth in its financial performance for the first half of 2025, with a focus on sustainable development and serving the rural economy, while maintaining a strong asset quality and competitive positioning in the banking sector [6][12][13]. Company Overview - The company aims for high-quality and sustainable development, focusing on serving the "three rural issues and two small enterprises" market positioning, and has implemented a diversified financial service system [5]. - The company has established a clear strategic development pattern, with a strong presence in Jiangsu and a network of 109 service outlets in Changshu, creating a "5-minute" financial service circle [7][8]. Industry Situation - The banking industry is facing a complex operating environment with external uncertainties impacting investment decisions and trade [6]. - Despite challenges, the domestic economy is showing stable growth, and banks are focusing on serving the real economy and preventing financial risks [6]. Financial Performance - The company achieved an operating income of 6.062 billion yuan, a year-on-year increase of 10.10%, and a net profit of 1.969 billion yuan, up 13.51% year-on-year [12]. - Total assets reached 401.227 billion yuan, an increase of 9.45% from the beginning of the year, with total deposits of 310.777 billion yuan and total loans of 251.471 billion yuan [13]. Asset Quality - The company's non-performing loan ratio stood at 0.76%, a slight decrease from the beginning of the year, with a provision coverage ratio of 489.53% [13]. - The village and town banks under the company reported a non-performing loan ratio of 1.05%, remaining stable compared to the beginning of the year [13]. Profit Distribution - The company plans to distribute a cash dividend of 0.15 yuan per share, totaling approximately 497 million yuan, which accounts for 25.27% of the net profit attributable to shareholders for the first half of 2025 [21][23].

江苏常熟农村商业银行股份有限公司 CONTENTS 管理层讨论与分析 公司业务概要 13 经营情况讨论与分析 15 重要事项 37 关于我们 重要提示 05 释义 06 公司简介 07 主要会计数据和财务指标摘要 08 江苏常熟农村商业银行股份有限公司 2025 年半年度报告 02 财务报表 53 公司治理 财务报表附注 63 普通股股份变动及股东情况 41 可转换公司债券相关情况 44 公司治理 46 江苏常熟农村商业银行股份有限公司 2025 年半年度报告 04 关于我们 重要提示 释义 公司简介 主要会计数据和财务指标摘要 重要提示 一、本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、 准确性、完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、公司全体董事出席董事会会议。 三、本半年度报告未经审计。 四、公司负责人薛文、行长包剑、主管会计工作负责人包剑及会计机构负责人（会计主管 人员）范丽斌声明：保证半年度报告中财务报告的真实、准确、完整。 五、董事会决议通过的本报告期利润分配预案或公积金转增股本预案 拟以实施权益分派股权登记日登记的总股本为基数， ...

证券代码：601128 证券简称：常熟银行 公告编号：2025-036 江苏常熟农村商业银行股份有限公司 第八届董事会第十四次会议决议公告 江苏常熟农村商业银行股份有限公司（以下简称"本行"）董事会及全体董 事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担个别及连带责任。 一、董事会会议召开情况 本行第八届董事会第十四次会议于 2025 年 8 月 7 日以现场和视频相结合的 方式召开，会议通知及会议文件已于 2025 年 7 月 28 日发出。会议由薛文董事长 主持，会议应到董事 13 人，实到董事 13 人。全体监事列席了会议，会议符合《公 司法》等法律法规及本行《章程》的有关规定。 二、董事会会议审议情况 （一）2025 年半年度报告及摘要 同意 13 票，反对 0 票，弃权 0 票。 具体内容详见本行同日披露在上海证券交易所网站的《常熟银行 2025 年半 年度报告》和《常熟银行 2025 年半年度报告摘要》。 本议案已经本行第八届董事会审计与消费者权益保护委员会第八次会议审 议通过。 （二）2025 年中期利润分配方案 同意 13 票，反对 0 票 ...

证券代码：601128 证券简称：常熟银行 公告编号：2025-038 江苏常熟农村商业银行股份有限公司 第八届监事会第十次会议决议公告 江苏常熟农村商业银行股份有限公司（以下简称"本行"）监事会及全体监 事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担个别及连带责任。 一、监事会会议召开情况 本行第八届监事会第十次会议于 2025 年 8 月 7 日以现场会议的方式召开， 会议通知及会议文件已于 2025 年 7 月 28 日以电子邮件方式发出。会议由宋毅监 事长主持，会议应到监事 6 人，实到监事 6 人。会议符合《公司法》等法律法规 及本行《章程》的有关规定。 二、监事会会议审议情况 （一）2025 年半年度报告及摘要审核意见 同意 6 票，反对 0 票，弃权 0 票。 监事会出具如下审核意见： 法律、法规以及本行《章程》和相关内部管理制度的规定； 证券交易所的各项规定，所包含的信息真实、准确、完整反映本行报告期内的经 营成果和财务状况等事项； 行、证券监管机构指导意见； 整体利益，有利于促进本行的长远发展。 （三）2025 年上半年董事会合规职责履行 ...

Core Viewpoint - Changshu Bank reported a net profit of over 1.969 billion yuan for the first half of 2025, marking a year-on-year increase of over 13% [2][4]. Financial Performance - For the first half of 2025, Changshu Bank achieved an operating income of 6.062 billion yuan, a year-on-year growth of 10.1% [4][6]. - The net profit attributable to shareholders was 1.969 billion yuan, reflecting a 13.51% increase compared to the same period in 2024 [4][6]. - The total assets of Changshu Bank reached 401.23 billion yuan by the end of June 2025, representing a growth of 9.45% from the end of the previous year [4][6]. Loan and Deposit Growth - The total loan amount stood at 251.47 billion yuan, with a year-on-year increase of 4.4% [4]. - Total deposits amounted to 310.78 billion yuan, showing an increase of 8.46% compared to the end of the previous year [4]. - Personal loans accounted for 54.20% of total loans, while personal operating loans made up 37.56% [4]. Asset Quality - As of June 30, 2025, the non-performing loan ratio was 0.76%, a slight decrease of 0.01 percentage points from the beginning of the year [4]. - The provision coverage ratio was 489.53%, down by 10.98 percentage points from the end of the previous year [4]. Capital Adequacy - The core Tier 1 capital adequacy ratio was 10.73%, and the total capital adequacy ratio was 10.78%, both showing a decline of 0.45 and 0.46 percentage points respectively from the end of the previous year [5].

Core Viewpoint - Changshu Bank announced the approval of multiple proposals, including the "2025 Semi-Annual Report and Summary" during the 14th meeting of the 8th Board of Directors [2] Group 1 - The announcement was made on the evening of August 7 [2] - The meeting involved the review and approval of significant financial documents [2]

8月7日晚间，常熟农商行率先披露"期中考"成绩单，A股上市银行2025年半年报正式迎来放榜期。根据半年报，常熟农商行上半年实现营业收入 60.62亿元，同比增长10.1%；归母净利润19.69亿元，同比增长13.51%。而在该行之前，杭州银行、宁波银行、齐鲁银行、青岛银行、浦发银行也 曾发布业绩"预喜"公告，其中多家银行归母净利润同比增幅达两位数。业绩的回暖也对股价形成支撑，年内银行股涨势喜人。分析人士称，银行 业绩改善为股价上涨提供了核心支撑，同时股价表现还受市场环境、估值水平及投资者情绪等多重因素的综合影响。 多家银行业绩预喜 8月7日，常熟农商行披露半年报，报告期内，该行实现营业收入60.62亿元，同比增长10.1%；归母净利润19.69亿元，同比增长13.51%。 而早在正式放榜前，该行就已通过业绩快报向外界传递"喜讯"。截至目前，同样披露半年度业绩快报的还有5家银行，包括杭州银行、宁波银行、 齐鲁银行、青岛银行、浦发银行，向市场传递出净利增长、资产质量企稳的积极信号。 从各家银行披露的业绩快报来看，宁波银行实现营收371.60亿元，同比增长7.91%；青岛银行营收76.62亿元，增长7.50%；齐鲁 ...

（文章来源：证券日报） 证券日报网讯 8月7日晚间，常熟银行发布公告称，公司第八届监事会第十次会议审议通过了《2025年 半年度报告及摘要》等多项议案。 ...

Core Insights - The report indicates that Changshu Bank achieved an operating income of 6.062 billion yuan in the first half of 2025, representing a year-on-year increase of 10.10% [1] - The net profit attributable to shareholders reached 1.969 billion yuan, with a year-on-year growth of 13.51% [1] - Key financial ratios showed improvements, with a return on assets (ROA) of 1.10% and a return on equity (ROE) of 13.34%, both reflecting slight increases compared to the previous year [1] Financial Performance - Operating income for the first half of 2025 was 6.062 billion yuan, up 10.10% year-on-year [1] - Net profit attributable to shareholders was 1.969 billion yuan, marking a 13.51% increase year-on-year [1] - The annualized ROA was 1.10%, up by 0.02 percentage points year-on-year [1] - The annualized ROE stood at 13.34%, an increase of 0.06 percentage points year-on-year [1] - The cost-to-income ratio improved to 34.56%, down 0.62 percentage points year-on-year [1] - Net interest margin was reported at 2.58%, maintaining a strong position within the industry [1] Asset and Loan Growth - Total assets reached 401.227 billion yuan, reflecting a growth of 9.45% since the beginning of the year [1] - Total deposits amounted to 310.777 billion yuan, with an increase of 8.46% year-to-date [1] - Total loans were 251.471 billion yuan, showing a year-to-date growth of 4.40% [1] - Personal loans constituted 54.20% of total loans, while personal operating loans made up 37.56% [1] - The balance of loans to small and micro enterprises with single credit of 10 million yuan or less was 104.345 billion yuan, serving 213,300 clients [1] Asset Quality - The non-performing loan ratio was 0.76%, a decrease of 0.01 percentage points from the beginning of the year [1] - The provision coverage ratio was 489.53%, down by 10.98 percentage points since the start of the year [1]