乐山市商业银行拟发行300亿同业存单

Core Viewpoint - Leshan Commercial Bank plans to issue a total of 30 billion RMB in interbank certificates of deposit for the year 2025, highlighting its growth strategy and financial stability [1] Financial Data - As of December 2024, Leshan Commercial Bank's total assets reached 202.39 billion RMB, an increase of 21.62 billion RMB from the beginning of the year, representing a year-on-year growth of 11.96% [2] - The bank's deposit balance was 139.92 billion RMB, up by 11.03 billion RMB, with a year-on-year growth of 8.56% [2] - Loan balances stood at 115.61 billion RMB, increasing by 6.73 billion RMB, with a year-on-year growth of 6.18% [2] - From 2022 to 2024, the bank's total assets grew at a compound annual growth rate (CAGR) of 11.5%, deposits at 10.8%, and loans at 21.6% [2] Profitability - In 2024, Leshan Commercial Bank achieved an operating income of 4.217 billion RMB, a year-on-year increase of 21.1%, and a net profit of 818 million RMB, up 33.9% [3] - The bank's net interest margin decreased to 2.06% in 2024 from 2.09% in 2022, indicating potential pressure on profitability due to market interest rate fluctuations and rising funding costs [3] Risk Management - The non-performing loan (NPL) ratio for 2024 was 1.48%, down from 1.53% in 2023, and significantly lower than the industry average of approximately 1.8% [4] - The bank's provision coverage ratio improved to 220.30% in 2024 from 194.56% in 2023, indicating enhanced risk management capabilities [4] Shareholder Structure - As of December 31, 2024, Leshan Commercial Bank's registered capital was 4.83 billion RMB, with the top ten shareholders holding a combined 72.85% stake [5] - The largest shareholder, Leshan State-owned Assets Investment Operation Group Co., Ltd., holds 14.38% of the shares [5]