宁波银行(002142) - 2023 Q2 - 季度财报

Financial Performance - Operating income for the first half of 2023 reached RMB 32,144 million, an increase of 9.29% compared to RMB 29,412 million in the same period of 2022[9]. - Net profit for the first half of 2023 was RMB 12,988 million, reflecting a growth of 15.15% from RMB 11,279 million year-on-year[9]. - Basic earnings per share for the first half of 2023 were RMB 1.96, representing a 14.62% increase from RMB 1.71 in the same period of 2022[10]. - The bank's comprehensive income for the first half of 2023 was RMB 15,077 million, compared to RMB 11,730 million in the same period of 2022, marking a growth of 28.5%[193]. - The net cash inflow from operating activities for the first half of 2023 is RMB 58,323 million, compared to RMB 103,177 million in the same period of 2022, indicating a decrease of about 43.5%[198]. Assets and Liabilities - Total assets as of June 30, 2023, amounted to RMB 2,600,260 million, a 9.90% increase from RMB 2,366,097 million at the end of 2022[11]. - The company reported a total liability of RMB 2,416,657 million, reflecting a 9.97% increase from RMB 2,197,571 million at the end of 2022[11]. - Customer deposits totaled RMB 1,551,877 million, marking a significant increase of 19.64% from RMB 1,297,085 million at the end of 2022[11]. - The company's total equity attributable to shareholders reached RMB 182.607 billion, an increase of RMB 14.981 billion from December 31, 2022[68]. - The total liabilities as of June 30, 2023, amounted to RMB 2,416,657 million, an increase of 10% from RMB 2,197,571 million at the end of 2022[191]. Loans and Advances - Customer loans and advances reached RMB 1,168,660 million, up 11.73% from RMB 1,046,002 million at the end of 2022[11]. - Total customer loans and advances amounted to RMB 1,191.09 billion, up by RMB 112.60 billion, or 10.44% compared to the end of the previous year[12]. - The average daily loan balance increased by 19.28% year-on-year, with corporate loans growing by 18.81% and personal loans by 20.10%[26]. - The non-performing loan ratio stood at 0.76%, with a provision coverage ratio of 488.96% as of June 30, 2023[16]. - The majority of loans were concentrated in the manufacturing industry (15.40%), leasing and business services (13.85%), and wholesale and retail (9.71%)[80]. Income and Expenses - Net interest income for the first half of 2023 was RMB 20,178 million, representing a year-on-year increase of RMB 2,875 million or 16.62%[21]. - Total interest income reached RMB 43,651 million, up RMB 5,984 million or 15.89% compared to the same period in 2022[21]. - Total interest expenses for the first half of 2023 were 23.473 billion RMB, an increase of 3.109 billion RMB, or 15.27%[30]. - Customer deposit interest expenses accounted for 60.67% of total interest expenses, amounting to 14.242 billion RMB, a year-on-year increase of 3.693 billion RMB, or 35.01%[31]. - Non-interest income decreased by 1.43 billion RMB, or 1.18%, totaling 11.966 billion RMB in the first half of 2023[36]. Risk Management - The company has implemented a comprehensive risk management system, enhancing digital and intelligent risk management capabilities to support high-quality development[96]. - The company has established a robust market risk management framework, addressing interest rate and exchange rate risks effectively[104]. - The company has maintained a low level of impaired loans, with a total of RMB 88.58 million in impaired loans as of June 30, 2023[77]. - The company has focused on supporting key sectors such as small and micro enterprises, private enterprises, and green finance while managing credit risk proactively[97]. - The company has upgraded its credit risk management tools and processes, maintaining asset quality at a satisfactory level[97]. Capital Adequacy - The company's capital adequacy ratio was 14.80%, while the core tier 1 capital adequacy ratio was 9.76% as of June 30, 2023[15]. - As of June 30, 2023, the company's core tier 1 capital ratio is 9.76%, up from 9.22% in December 2022[119]. - The total capital adequacy ratio stands at 14.80% as of June 30, 2023, compared to 14.58% in December 2022[119]. - The company's total risk-weighted assets amounted to RMB 1,702,439 million as of June 30, 2023, an increase from RMB 1,551,141 million in December 2022[122]. - The bank's leverage ratio is reported at 5.72% as of June 30, 2023, slightly down from 5.79% in December 2022[125]. Customer and Market Engagement - The company has established partnerships with 7 small and micro enterprise parks, providing credit of 172 million RMB to 38 enterprises within these parks[160]. - The company is enhancing its digital services by promoting online financial products such as quick loan approvals and online microloans through platforms like WeChat[160]. - The number of inclusive small and micro enterprise clients reached 221,400, an increase of 18.9% compared to the beginning of the year[160]. - The company actively participates in public welfare initiatives and promotes financial literacy[159]. - The company’s app user base grew to 8.81 million, a 19% increase, with monthly active users reaching 4.38 million, up by 20%[141]. Environmental and Social Responsibility - The company is committed to supporting green finance and has increased its green credit support[159]. - As of June 30, 2023, the company's green loan balance reached RMB 33.157 billion, an increase of 39.87% compared to the beginning of the year[161]. - The company underwrote and issued 3 green bonds in the first half of 2023, raising RMB 1.4 billion for clients, primarily in clean energy and carbon asset transformation sectors[161]. - The company donated a total of RMB 37.18 million for educational support and charity activities in the first half of 2023[163]. - The company engaged in financial knowledge promotion activities, reaching 36 communities and over 200 villages in the first half of 2023[164].