渝农商行董事长落定刘小军接棒 总资产超1.61万亿不良贷款率降至1.17%

Core Viewpoint - Chongqing Rural Commercial Bank (渝农商行) has appointed Liu Xiaojun as the new chairman, marking the second leadership change since its A-share listing in 2019, following a six-month vacancy in the position [1][2]. Group 1: Leadership Change - Liu Xiaojun has been elected as the chairman of Chongqing Rural Commercial Bank, pending approval from the shareholders' meeting and regulatory authorities [1]. - This is the second time the bank has changed its chairman since its A-share listing, with the previous chairman, Liu Jianzhong, resigning in April 2022 due to age [1][2]. Group 2: Company Performance - As of the end of Q1 2025, Chongqing Rural Commercial Bank reported a revenue of 7.224 billion yuan, a year-on-year increase of 1.35%, and a net profit of 3.745 billion yuan, up 6.27% [3]. - The bank's total assets exceeded 16.1 trillion yuan, an increase of 953.88 billion yuan (6.30%) from the previous year, while total liabilities rose to 14.7 trillion yuan, up 936.31 billion yuan (6.78%) [3]. - The non-performing loan ratio stood at 1.17%, a slight decrease of 0.01 percentage points from the previous year, with a provision coverage ratio of 363.30%, remaining stable [3]. Group 3: Financial Metrics - In 2024, the bank achieved a total revenue of 28.262 billion yuan, reflecting a 1.09% year-on-year growth, and a net profit of 11.513 billion yuan, which is a 5.6% increase [3]. - The net interest income for 2024 was 22.495 billion yuan, down 4.25% year-on-year, with a net interest margin of 1.51%, a decrease of 13 basis points [3]. - Non-interest income for 2024 was 5.767 billion yuan, a significant increase of 29.23%, accounting for 20.41% of total revenue, up 4.45 percentage points [3][4]. Group 4: Investment Performance - The bank's net income from fees and commissions in 2024 was 1.612 billion yuan, a decrease of 10%, while other non-interest income rose to 4.155 billion yuan, an increase of 55.53% [4]. - Investment income and net gains from fair value changes reached 3.848 billion yuan, an increase of 16.35% year-on-year, attributed to effective investment portfolio management and market opportunities [4].