在银行业整体承压的2024年， 郑州银行 交出了一份看似稳健的财报，资产规模突破6700亿元，存贷款 增速均超7%，不良率微降，拨备覆盖率提升。但穿透这些表面光鲜的指标，一组异常数据引发关注 ——在税前利润增长2.69%的情况下，净利润增幅仅0.21%，两者增速差创近五年新高。 更值得警惕的是，所得税费用异动揭示出利润调节痕迹，净利息收益率36BP的断崖式下跌，以及逾期 贷款激增31.8%的资产质量警报，共同勾勒出一家区域银行在利率市场化、风险出清周期与资本约束收 紧三重挤压下的生存困境。 当传统"以量补价"模式遭遇风险递延的隐性反噬，这份乍暖还寒的财报，实则是中国中小银行转型阵痛 的典型样本。 税费异动折射盈利质量恶化 郑州银行2024年财报显示，所得税费用从2023年的-1.19亿元变动至-0.77亿元，绝对值减少4,280万元。 表面上看，税负降低对净利润形成正向贡献，但结合利润表深层结构分析，这一现象恰恰暴露了银行盈 利能力的根本性缺陷。 | | | 载至12月31 日止年度 | | | | | --- | --- | --- | --- | --- | --- | | 项目 | 2024 年 | 2 ...

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責， 對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 會 就 本 公 告 全 部 或 任 何 部 分 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 Bank of Zhengzhou Co., Ltd.* 鄭州銀行股份有限公司 * （於中華人民共和國註冊成立的股份有限公司） （H股股份代號：6196） 董事會會議通告 鄭州銀行股份有限公司*（「本 行」）董 事 會（「董事會」）謹 此 宣 佈，董 事 會 會 議將於2025年4月29日（星 期 二）舉 行，藉 以（其 中 包 括）審 議 及 批 准 本 行 及 其附屬公司截至2025年3月31日 止 三 個 月 之 第 一 季 度 業 績 及 其 發 佈。 承董事會命 鄭州銀行股份有限公司* 趙 飛 董事長 中國河南省鄭州市 2025年4月15日 於 本 公 告 日 期，董 事 會 成 員 包 括 執 行 董 事 趙 ...

以郑州银行长椿路支行因与郑州康桥房地产开发有限责任公司的借款纠纷为例，郑州银行此前披露于 2024年1月向郑州市中级人民法院提起诉讼。但据《天眼查》数据显示，郑州康桥房地产开发有限责任 公司早在2022年5月就因有履行能力而拒不履行生效法律文书确定义务，被郑州市二七区列为失信被执 行人；后于2023年9月，中国华融河南分公司等机构也相继针对郑州康桥房地产开发有限责任公司申请 了限制消费令。在此背景下，郑州银行直到2024年1月才向法院提起诉讼。 此外，从2024年年报公布数据来看，分行业贷款不良率最高的竟然还不是房地产业，而是住宿和餐饮 业，此分类下郑州银行的不良率在2022年到2024年期间分别为11.13%、26.18%和43.8%，也即在2024年 末住宿和餐饮业贷款投放总额7.51亿元中，就有近半数沦为不良贷款。而且郑州银行的住宿和餐饮业贷 款投放金额，在2023年内基本稳定，2022年末、2023年上半年末和2023年末分别为13.41亿元、11.6亿元 和11.21亿元，但是这三期的不良率分别为11.13%、2.84%和26.18%。 不仅如此，郑州银行的房地产业贷款不良从2023年开始就处于快速 ...

Core Viewpoint - The article emphasizes the importance of financial services in supporting national strategies and high-quality economic development, highlighting Zhengzhou Bank's commitment to five key areas: technology, green finance, inclusive finance, pension finance, and digital finance [1] Group 1: Technology Finance - Zhengzhou Bank has established a strategic focus on technology finance, with a policy-driven loan balance of 48.269 billion yuan in 2024, reflecting a growth rate of 44.50% [2] - The bank aims to create a comprehensive financial service system that covers the entire lifecycle of technology enterprises, particularly in innovation hubs like Zhengzhou High-tech Zone and Central Plains Science City [2] - Innovative products such as "Talent e-loan" and "Intellectual Property Pledge Loan" are designed to facilitate the transformation of technological achievements into industrial applications [2] Group 2: Green Finance - Zhengzhou Bank is actively implementing the national green development strategy, with a green finance loan balance of 9.146 billion yuan in 2024, showing a significant increase of 123.73% [3] - The bank issued 2 billion yuan in special green financial bonds, targeting six core areas including energy conservation and pollution prevention [3] - Collaborative efforts with government and research institutions have led to the establishment of a green technology assessment platform, supporting key green projects like new energy vehicles [3] Group 3: Inclusive Finance - Zhengzhou Bank focuses on small and micro enterprises, offering products like "Order Loan" and "Enterprise Procurement Loan" to enhance financing efficiency [4][5] - The bank has optimized traditional products like "Housing e-loan" to simplify approval processes and improve loan accessibility for small businesses [5] - Efforts to support rural revitalization include expanding service channels and introducing tailored loan products for agricultural needs [5] Group 4: Pension Finance - The bank has formed a dedicated team to enhance pension financial services, aligning with national policies on aging [6] - It prioritizes credit funding for pension industry projects and offers specialized financial products for elderly clients [6] - Collaboration with social security departments aims to streamline pension distribution processes and provide comprehensive financial services for seniors [6] Group 5: Digital Finance - Zhengzhou Bank is embracing financial technology, launching online products like "Zheng e-loan" to streamline the loan process [7] - Strategic partnerships with tech companies, including Huawei, focus on digital transformation and enhancing operational efficiency [7] - The bank is committed to expanding its technological collaborations to drive digital development [7]

本行2024年度报告及摘要于2025年3月28日在巨潮资讯网（http://www.cninfo.com.cn）披露，为便于投资 者深入了解本行2024年度经营情况，本行拟定于2025年4月16日（星期三）召开2024年度业绩网上说明 会，具体情况如下： 一、召开时间与方式 召开时间：2025年4月16日（星期三）15:00-16:30 召开方式：网络远程方式 二、出席人员 郑州银行股份有限公司（以下简称"本行"）及董事会全体成员保证公告内容的真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 四、投资者问题征集 为广泛听取投资者的意见和建议、提升交流的针对性，现就本行2024年度业绩网上说明会提前向投资者 征集相关问题，投资者可于2025年4月15日17:00前访问https://ir.p5w.net/zj/，或扫描下方二维码，进入问 题征集专题页面。本行将在2024年度业绩网上说明会上，对投资者普遍关注的问题进行回答。 ■ （问题征集专题页面二维码） 欢迎广大投资者积极参与。 特此公告。 本行董事长赵飞先生，行长李红女士，董事会秘书韩慧丽女士，行长助理、财务负责人张厚林先生及独 立非执行董事代表。如 ...

郑州银行股份有限公司 关于举行 2024 年度业绩网上说明会的公告 郑州银行股份有限公司（以下简称"本行"）及董事会全体成员保证公告内容的真实、准 确、完整，没有虚假记载、误导性陈述或重大遗漏。 本 行 2024 年度报告 及 摘 要 于 2025 年 3 月 28 日在巨潮资讯网 （http://www.cninfo.com.cn）披露，为便于投资者深入了解本行 2024 年度经营情 况，本行拟定于 2025 年 4 月 16 日（星期三）召开 2024 年度业绩网上说明会， 具体情况如下： 一、召开时间与方式 证券代码：002936 证券简称：郑州银行 公告编号：2025-025 为广泛听取投资者的意见和建议、提升交流的针对性，现就本行 2024 年度 业绩网上说明会提前向投资者征集相关问题，投资者可于 2025 年 4 月 15 日 17:00 前访问 https://ir.p5w.net/zj/，或扫描下方二维码，进入问题征集专题页面。本行将 在 2024 年度业绩网上说明会上，对投资者普遍关注的问题进行回答。 1 （问题征集专题页面二维码） 召开时间：2025 年 4 月 16 日（星期三）15:0 ...

二是，净利润历经两年的负增长（2022年、2023年净利润同比分别下滑23.48%、28.48%），终于迎来 了正增长：2024年，实现净利润18.63亿元，同比微增0.21%。 当然，更为重要的是，自2019年以来一直未分过红的"铁公鸡"终于舍得"拔毛"了。在其2024年度利润分 配预案中，郑州银行表示，2024年度派发现金分红约1.82亿元，分红率为9.69%。 有两个明显的表现： 一是，存款余额首次突破4000亿，全年存款增量435.77亿元，超过前两年增量总和； 郑州 银行 2024年的"成绩单"相对于过往来说还是比较可圈可点的。 虽然相对于其过往分红规模和比例，该数据有所下降，但时隔6年能够再度迈出这一步，也算是"勇气可 嘉"。 毕竟，其经营数据虽然有所起色，但背后的压力与挑战依旧比较突出。 如，虽然利润实现了微增，但是营收依然下滑。2024年，郑州银行实现营业收入128.77亿元，同比下降 5.78%。从营收来源来看，2024年郑州银行营收降幅之所以能够比2023年有所收窄，核心在于其非利息 收入的增长。报告期内，郑州银行实现非利息收入25.13亿元，较上年同期增加人民币5.85亿元，增幅达 30 ...

Core Viewpoint - Zhengzhou Bank has consistently focused on serving the local economy, small and micro enterprises, and urban and rural residents, significantly increasing its credit issuance to support high-quality development of the real economy [3][4]. Group 1: Credit Growth and Structure - As of the end of 2024, Zhengzhou Bank's total loans and advances reached 387.69 billion yuan, a year-on-year increase of 7.51%, surpassing the average growth rate of financial institutions in the province by 0.74 percentage points [3][5]. - The bank's corporate loans (excluding bill discounting) amounted to 268.94 billion yuan, growing by 6.11% year-on-year, while personal loans reached 90.96 billion yuan, increasing by 8.09% [4]. - Corporate loans accounted for 69.37% of total loans, reflecting a stable proportion and enhanced support for enterprise financing [4]. Group 2: Support for the Real Economy - Zhengzhou Bank has aligned its credit resource allocation with national development strategies, focusing on key sectors and weak links in the real economy [4][6]. - The bank has increased support for advanced manufacturing, launching specialized credit products and optimizing loan approval processes for sectors like smart manufacturing and green manufacturing [7]. - The bank has enhanced financial services for small and micro enterprises by innovating its product offerings and improving approval processes, thus increasing loan accessibility [8]. Group 3: Rural and Agricultural Support - In line with the rural revitalization strategy, Zhengzhou Bank has intensified support for agriculture, providing comprehensive financial services to agricultural enterprises and cooperatives [9]. - The bank has introduced specialized loan products for agricultural modernization, including unique offerings like "Chili Loan" to support rural development [9]. Group 4: Consumer Financing - Zhengzhou Bank has optimized its personal loan product system to meet diverse consumer financing needs, launching flexible loan solutions for housing mortgages and consumer finance [10]. Group 5: Risk Management - The bank has maintained a focus on prudent operations and risk prevention, ensuring stable credit asset quality through big data applications and enhanced credit management processes [11]. Group 6: Future Outlook - Looking ahead, Zhengzhou Bank aims to continue enhancing its financial services for the real economy, optimizing credit resource allocation, and advancing towards digital and intelligent credit business models [12][13].

Core Viewpoint - The article highlights the significant increase in cash dividends among listed banks in 2024, with state-owned banks leading in both total dividend amounts and payout ratios, reflecting a strong commitment to shareholder returns [2][7]. Summary by Sections Dividend Distribution Overview - As of April 8, 2024, 23 A-share listed banks have disclosed their annual reports, collectively distributing cash dividends of 56.8862 billion yuan, an increase of over 10.1887 billion yuan year-on-year [2][3]. - The six major state-owned banks are identified as the primary contributors, proposing a total cash dividend exceeding 420 billion yuan, with payout ratios consistently above 30% [7][8]. Individual Bank Performance - Industrial and Commercial Bank of China (ICBC) leads with a cash dividend of 109.773 billion yuan, followed by China Construction Bank and Agricultural Bank of China with 100.754 billion yuan and 84.661 billion yuan respectively [3][8]. - Among joint-stock banks, China Merchants Bank stands out with a dividend payout ratio of 35.32%, distributing over 50 billion yuan [4][9]. Trends in Dividend Frequency and Ratios - The article notes a shift in dividend frequency for state-owned banks to twice a year, enhancing their attractiveness to investors [8][9]. - In contrast, city commercial banks and rural commercial banks generally exhibit lower dividend scales and ratios, with Zhengzhou Bank having the lowest payout ratio at 9.69% [5][9]. Market Valuation and Investor Sentiment - The banking sector is currently experiencing a comprehensive decline in valuation, with an overall price-to-book (PB) ratio below 1, indicating a potential undervaluation of bank stocks [5][17]. - Over 20 banks have announced valuation enhancement plans in response to prolonged low valuations, aiming to improve investor returns and confidence [16][19]. Regulatory and Strategic Considerations - Regulatory bodies have been encouraging listed companies to increase dividend distributions, which has influenced the banks' decisions to enhance their payout strategies [7][12]. - The article emphasizes the importance of maintaining a balance between dividend payouts and capital retention for risk management and growth [10][19].

Core Viewpoint - The A-share listed banks are experiencing significant changes in their business structures, particularly in the consumer loan sector, amidst a challenging macroeconomic environment and tightening interest margins [1][2]. Group 1: Consumer Loan Growth - The total consumer loan balance has surged by nearly 750 billion yuan, with most banks reporting substantial increases in their consumer loan portfolios [3][5]. - Among 23 listed banks, only six reported a decrease in consumer loan balances for 2024, with Ping An Bank seeing the largest reduction of 70.63 billion yuan [5]. - Major banks like Postal Savings Bank, China Construction Bank, and Agricultural Bank of China have reported double-digit growth in consumer loans, with increases of 17.88%, 26.21%, and 38.03% respectively [6][7]. Group 2: Risk Management Concerns - Industry insiders express concerns about rising non-performing loans (NPLs) in the consumer loan sector, indicating that banks must tighten risk controls as economic cycles fluctuate [2][12]. - Several banks, including Industrial and Commercial Bank of China and Agricultural Bank of China, have reported increases in their consumer loan NPL ratios, highlighting the need for enhanced risk management strategies [12][13]. - The rapid growth of consumer loans has raised alarms about potential risks, with banks emphasizing the importance of maintaining asset quality and effective post-loan management [12][14]. Group 3: Regulatory Changes and Market Dynamics - In March, regulatory changes extended the repayment period for consumer loans from five to seven years and increased the maximum loan amount, aiming to support consumer spending [10]. - Following these changes, banks quickly halted low-interest consumer loans to prevent a price war that could lead to increased risks [12]. - The competitive landscape for consumer loans is shifting, with banks focusing on the relatively lower costs and stable returns associated with consumer lending compared to corporate lending [9].