Bank of Ningbo(002142)

Search documents
城市24小时 | “市市通高铁”,终于轮到东北了
Mei Ri Jing Ji Xin Wen· 2025-05-07 16:00
Group 1 - The Shenyang to Changbai Mountain High-Speed Railway (Shenbai High-Speed Railway) has completed its track laying, marking a significant milestone for its operational readiness [1][2] - The railway spans 430 kilometers with a design speed of 350 kilometers per hour, connecting seven cities in Liaoning Province and ending at Changbai Mountain Station [1][2] - The railway is expected to open in September 2023, reducing travel times from Shenyang and Beijing to Changbai Mountain to 1.5 hours and under 4 hours, respectively [2] Group 2 - The Shenbai High-Speed Railway is a crucial part of the national medium- and long-term railway network plan, enhancing connectivity in Northeast China [2][3] - With the completion of this railway, Liaoning Province will achieve its goal of having high-speed rail access to all cities, becoming the 11th province in China to do so [2][3] - The railway will significantly improve access to tourism in Northeast China, linking the Beijing-Tianjin-Hebei region with the region's winter tourism offerings [2][3] Group 3 - Shenyang is already a core node in Northeast China's high-speed rail network, with existing lines such as Harbin-Dalian, Beijing-Shenyang, and Shenyang-Danjiangkou [3] - The addition of the Shenbai High-Speed Railway will complete the eastward high-speed rail gap for Shenyang, forming a "米" shaped high-speed rail framework [3] - By 2025, the national railway operating mileage target is set at 165,000 kilometers, with high-speed rail expected to reach 50,000 kilometers [3]
上市城商行竞争格局生变
Shang Hai Zheng Quan Bao· 2025-05-05 18:18
Core Insights - The competitive landscape among listed city commercial banks has significantly changed in Q1 2025, with Beijing Bank maintaining its leading position in asset size, while Jiangsu Bank leads in revenue and net profit [1][2] - The total number of listed city commercial banks with assets exceeding 2 trillion yuan has increased to six, including Beijing Bank, Jiangsu Bank, Ningbo Bank, Shanghai Bank, Nanjing Bank, and Hangzhou Bank [1] - Strong credit growth has driven asset expansion and supported revenue growth for major city commercial banks [1][3] Group 1: Asset Size and Rankings - As of Q1 2025, Jiangsu Bank's asset size reached 4.46 trillion yuan, closely trailing Beijing Bank by 98 billion yuan [1] - Ningbo Bank's asset size increased to 3.40 trillion yuan, surpassing Shanghai Bank's 3.27 trillion yuan [1] - Nanjing Bank approached 2.8 trillion yuan, while Hangzhou Bank exceeded 2 trillion yuan [1] Group 2: Revenue and Profitability - In Q1 2025, the revenues of Jiangsu Bank, Ningbo Bank, Beijing Bank, Nanjing Bank, and Shanghai Bank were 223.04 billion yuan, 184.95 billion yuan, 171.27 billion yuan, 141.90 billion yuan, and 135.97 billion yuan, with growth rates of 6.21%, 5.63%, -3.18%, 6.53%, and 3.85% respectively [2] - Jiangsu Bank's net profit reached 97.8 billion yuan, followed by Beijing Bank at 76.72 billion yuan and Ningbo Bank at 74.17 billion yuan [2] Group 3: Credit Growth and Interest Income - The significant increase in credit issuance has led to a rise in net interest income for several city commercial banks, with Jiangsu Bank, Nanjing Bank, and Ningbo Bank reporting net interest incomes of 165.92 billion yuan, 77.52 billion yuan, and 128.35 billion yuan, respectively [3] - The year-on-year growth rates for net interest income were 21.94% for Jiangsu Bank, 17.80% for Nanjing Bank, and 11.59% for Ningbo Bank [3] - The strong performance in public loans was noted, with Ningbo Bank, Jiangsu Bank, Hangzhou Bank, and Nanjing Bank showing increases of 17.08%, 13.49%, 9.75%, and 8.75% respectively [2]
宁波银行(002142):利息强劲,存贷高增
Changjiang Securities· 2025-05-05 02:41
Investment Rating - The investment rating for the company is "Buy" and is maintained [9]. Core Views - The company reported a revenue growth rate of 5.6% and a net profit growth rate of 5.8% for Q1 2025, with net interest income increasing by 11.6%. Non-interest income decreased by 5.8%, primarily due to a 1.3% decline in net fee income. The decline in net profit growth was mainly due to an increase in credit costs, while a reduction in income tax expenses and a decrease in the cost-to-income ratio contributed positively, resulting in a PPOP growth rate of 9.7% [2][6][11]. - The company experienced significant growth in loans and deposits, with loans increasing by 11.1% and deposits by 18.9% compared to the beginning of the period. The non-performing loan ratio remained stable at 0.76%, while the provision coverage ratio decreased by 19 percentage points to 371% [2][6][11]. - The net interest margin stood at 1.80%, down 6 basis points from the previous year, with the yield on interest-earning assets declining by 31 basis points to 3.66%. The cost of interest-bearing liabilities decreased by 22 basis points to 1.84% [11]. Summary by Sections Performance - The company's profitability remains robust, with net interest income maintaining a high growth rate of 11.6%. The decline in non-interest income is expected to improve as previous fee reductions in wealth management gradually dissipate. The net profit growth deceleration is attributed to rising credit costs, but the overall performance remains strong with a PPOP growth of 9.7% [11]. Scale - The total assets grew by 8.7% compared to the beginning of the year, with loans increasing by 11.1% and deposits by 18.9%. The growth in corporate and bill loans was particularly strong, while retail loan demand showed signs of weakness [11]. Interest Margin - The company maintains a clear advantage in absolute levels of net interest margin, although it has seen a slight decline. The cost of liabilities is expected to continue decreasing, which may alleviate some pressure on the net interest margin [11]. Non-Interest Income - The pressure on non-interest income is expected to improve, with a smaller decline in fee income. Investment income has been cautious, and the company has not significantly released investment gains to boost revenue [11]. Asset Quality - The non-performing loan ratio remains low, and the company is closely monitoring retail risk. The annualized net non-performing loan generation rate for Q1 2025 was 1.14%, showing a decrease compared to the previous year [11]. Investment Recommendation - The strong growth in net interest income and the expectation of improving retail risk conditions support the "Buy" rating. The current valuation is at 0.70x 2025 PB, indicating no significant premium compared to peers, with potential for upward valuation adjustments if retail asset quality improves [11].
你追我赶的长三角城商行!
券商中国· 2025-05-04 08:54
有效信贷需求不足,尤其是居民部门需求不足,使得我国银行业整体的信贷投放增速早已从此前的两位数 放缓至个位数。在这个大趋势里,有部分区域银行,得益于当地仍较强的经济活力,还是延续了较为稳健 的信贷投放增速——比如长三角的城商行们。 在这个活跃的经济区域,城商行梯队正在呈现出你追我赶的变化,资产规模座次变阵是最直观的:宁波银 行超越上海银行,坐上"包邮区"城商行资产总额的第二大交椅。 一季度"开门红"存贷高增推动资产总额稳健扩表,净息收入逆势飙升助推营收均正增,成了长三角城商行 们的共性表现。 具体看,江苏银行、宁波银行、上海银行截至一季末的资产总额分别是4.46万亿元、3.4万亿元、3.27万 亿元,分别较上年末增长12.84%、8.67%和1.37%。此外,站上两万亿元规模的两家城商行也保持均速扩 张,南京银行、杭州银行截至一季度末的资产总额分别达到了2.77万亿元、2.22万亿元,较上年末分别增 长6.71%、5.2%。 其中,江苏银行不仅是长三角城商行资产规模最大者,还是增速最高者。即便与全行业相比,该行近几年 的资产增速连续保持两位数也是比较罕见的。 推动各家银行资产总额大幅度扩表,是各自一季度"开门红 ...
宁波银行:开门红存贷两旺,资产质量韧性凸显-20250502
Huaan Securities· 2025-05-02 05:23
Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company has demonstrated strong performance in both deposits and loans, with resilient asset quality [1] - Revenue and net profit for the first quarter of 2025 increased by 5.63% and 5.76% year-on-year, respectively, despite a slight decline compared to 2024 [4] - Interest income continued to grow significantly, supporting stable revenue and profit growth, with a year-on-year increase of 11.59% in net interest income [4][5] - The bank's total assets, loans, and financial investments grew by 17.58%, 20.91%, and 13.66% year-on-year, respectively, indicating improved growth rates compared to 2024 [5] - The bank's non-performing loan ratio remained stable at 0.76%, with a provision coverage ratio of 370.54% [8] - The bank's competitive advantages are highlighted by its focus on the Zhejiang region and its clear market positioning [9] Summary by Sections Financial Performance - For Q1 2025, the bank's revenue and net profit growth rates were 5.63% and 5.76%, respectively, with net interest income accounting for 69.4% of total revenue [4] - The bank's total assets reached approximately 3,125.232 billion, with loans totaling 1,380.363 billion [12] - The projected revenue for 2025 is 71,878 million, with a year-on-year growth of 7.87% [11] Asset Quality - The non-performing loan ratio was stable at 0.76%, and the provision coverage ratio was 370.54%, indicating strong risk management [8] - The bank has shown proactive adjustments in credit and risk control strategies, leading to improvements in forward-looking risk indicators [8] Growth Outlook - The bank is expected to maintain a revenue growth of 7.87% in 2025, with net profit growth projected at 4.61% [11] - The bank's diversified financial services and solid risk control capabilities position it well to benefit from domestic demand and industrial chain shifts [9]
机构持仓大曝光!社保、QFII、公募持股50强出炉
券商中国· 2025-05-01 12:44
以下文章来源于数据宝 ,作者张智博 数据宝 . 数据宝——证券时报智能原创新媒体,中国股市大数据新媒体领先品牌,依托证券时报财经数据库和证监 会指定信息披露媒体的权威信息,让您用手机也能从海量数据中获得有用的决策信息支持,数据是个宝, 炒股少烦恼! A股一季报披露正式收官。今年一季度,机构投资者钟情哪些上市公司,又进行了哪些调仓换股动作? 证券时报·数据宝制作发布《2025年一季报社保基金持股榜》《2025年一季报QFII持股榜》与《2025年一季报基金 持股榜》,纵览三大市场机构最新动向。 社保基金持股榜:持仓三一重工超33亿元 作为A股市场的"国家队",社保基金的持股动向备受关注。据数据宝统计,不含社保基金理事会持股,截至一季 度末,社保基金共计现身597家上市公司前十大流通股东名单,总持股量109.13亿股,同比下降11.26%;总持股市 值1739.45亿元,同比下降6.43%。拉长时间线来看,这两项数据均维持在相对高位。 以申万行业划分,社保基金对于机械设备、基础化工、电子、有色金属、电力设备、医药生物板块的持股市值均 在130亿元以上。其中,对医药生物板块公司持有数量最多,共计61家;对有色金属公 ...
长三角城商行座次重排:宁波银行首次超过上海银行 三大业务板块动能切换
2 1 Shi Ji Jing Ji Bao Dao· 2025-04-30 09:38
从净利润来看,去年净利润水平最高的是江苏银行,也是四家银行中唯一一家净利润在300亿元以上 的,为333.06亿元,同比增长10.97%。其次是,宁波银行272.21亿元,同比增长6.29%;上海银行235.60 亿元,同比增长4.38%;南京银行203.65亿元,同比增长9.31%。 今年一季度,江苏银行单季净利润突破100亿元,达到了100.92亿元,其后依次是宁波银行、上海银 行、南京银行,分别为74.56亿元、61.39亿元、62.92亿元。 三大业务板块动能切换 利息净收入、手续费及佣金净收入、投资净收入是银行的三大主要营收来源,也可以基本反映出对公、 零售、金市三大业务板块的发展情况。 近期,长三角头部的四家城商行——江苏银行、上海银行、宁波银行、南京银行的2024年及今年一季度 财报均已披露完毕。综合比较四家银行财报数据,江苏银行依旧稳稳占据"老大哥"地位,但后三位小弟 也在去年各有亮点。 资产是银行发展的底盘,从总资产来看,截至一季度末,最高的是江苏银行,为4.46万亿元;其次是宁 波银行,为3.40万亿元,首次超过上海银行,上海银行则是为3.27万亿元。南京银行目前最低,为2.77 万亿元。 ...
关注的一些银行24年年报数据整理
雪球· 2025-04-30 08:44
以下文章来源于躺师傅的投资世界 ,作者躺师傅 躺师傅的投资世界 . 格施好学徒,佛系收息人~ 风险提示:本文所提到的观点仅代表个人的意见,所涉及标的不作推荐,据此买卖,风险自负。 作者: 躺红利摊转债 来源:雪球 银行板块的年报陆陆续续都出完了 , 今天有空就来做个数据整理 , 现在整个银行板块数量也挺 多 , 为减少工作量 , 就从国有行 、 股份行和城商行中各选四家具有代表性的银行做一个数据 对比吧~ 一 、 整体业绩概览 | 营收(亿) | | 同比 | 净利润(亿) | 同比 | 风险加权资 | 同比 | 24年 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 产(亿) | | 浅幅 | | 工商银行 8218.03 | | -2.52% | 3658. 63 | 0. 51% | 257108. 55 | 4. 34% | 52. 30% | | 建设银行 7501.51 | | -2.54% | 3355. 77 | 0. 88% | 218545. 90 | -2. 42% | 42. 44% | | 农业银行 71 ...
宁波银行(002142):盈利增速稳健,存贷持续高增
Ping An Securities· 2025-04-29 12:08
Investment Rating - The investment rating for the company is "Strong Buy" (maintained) [12] Core Views - The company demonstrates robust profit growth with a steady increase in both loans and deposits. In Q1 2025, the company achieved an operating income of 18.5 billion yuan, a year-on-year increase of 5.6%, and a net profit attributable to shareholders of 7.42 billion yuan, up 5.8% year-on-year [4][7] - The company's total asset scale grew by 17.6% year-on-year, with loans increasing by 20.4% and deposits by 19.9% [4][7] - The net interest margin (NIM) for Q1 2025 was 1.80%, showing a slight decline compared to the end of 2024, attributed to the pressure of asset repricing [7][8] - The asset quality remains stable, with a non-performing loan (NPL) ratio of 0.76% and a coverage ratio of 371% [8] Summary by Sections Financial Performance - In Q1 2025, the company reported operating income of 18.5 billion yuan, a 5.6% increase year-on-year, and net profit of 7.42 billion yuan, up 5.8% year-on-year [4][9] - The company expects steady growth in operating income and net profit over the next few years, with projected EPS of 4.38 yuan in 2025, 4.83 yuan in 2026, and 5.34 yuan in 2027 [7][10] Asset Quality - The NPL ratio remained stable at 0.76%, with a slight decrease in the loan generation rate to 1.09% [8][10] - The company maintains a high provision coverage ratio, ensuring strong risk mitigation capabilities [8] Growth Projections - The company anticipates continued growth in loans and deposits, with loan growth rates projected at 17.8% for 2024 and 16.0% for 2025 [11] - The total asset growth rate is expected to be around 15.3% for 2024, gradually stabilizing in subsequent years [11]