七千亿齐鲁银行“成长烦恼”：营收增速三连降、个人业务承压

Core Viewpoint - Qilu Bank is experiencing steady growth in asset scale, profitability, and asset quality, outperforming industry averages, but faces challenges such as declining growth rates and regulatory penalties [2][3][5]. Financial Performance - In 2024, Qilu Bank achieved operating income of 12.496 billion yuan, a year-on-year increase of 4.55%, and net profit attributable to shareholders of 4.986 billion yuan, up 17.77% [2][3]. - Revenue growth has slowed for three consecutive years, with growth rates of 28.11%, 8.82%, 8.03%, and 4.55% from 2021 to 2024 [3]. - Interest income remains the primary source of revenue, contributing 9.031 billion yuan in 2024, a 1.73% increase, while non-interest income, particularly from investment gains, has become a significant growth driver [3][5]. Asset Quality - Qilu Bank's non-performing loan (NPL) ratio improved to 1.19% by the end of 2024, down 0.07 percentage points from the previous year, while the coverage ratio increased to 322.38% [5][6]. - The bank's corporate loans grew by 15.51% to 240.289 billion yuan, with the corporate loan NPL ratio decreasing to 0.95% [6]. Regulatory Issues - Qilu Bank faced significant regulatory penalties totaling 14.9513 million yuan for multiple violations in credit management, marking the largest penalty for a city commercial bank in 2024 [7][8]. - The penalties highlight weaknesses in internal control and compliance across various business lines [8]. Market Confidence - The bank has experienced significant shareholder reductions, with major shareholder Chongqing Huayu Group reducing its stake, raising concerns about market confidence [9][10]. - Despite a 51.35% increase in stock price from March 2024 to March 2025, the current price remains below its historical high of 11.66 yuan per share [10]. Future Outlook - Qilu Bank plans to implement a mid-year dividend policy, distributing a total of 1.286 billion yuan, which is 27.62% of its net profit for 2024, while focusing on strengthening core capital to address external challenges [11]. - The bank aims to balance growth and compliance, emphasizing the need to enhance retail business and internal controls to maintain its competitive edge in the regional banking sector [11].