断层式领先VS盈利承压：民营银行冰火两重天生存实录

Core Viewpoint - The private banking sector is experiencing a stark contrast, with leading institutions lowering deposit rates while maintaining competitiveness, whereas smaller institutions are compelled to offer higher rates to attract deposits [1][2][3] Deposit Rate Differentiation - Recent adjustments in deposit rates among private banks show significant differentiation, with leading banks like WeBank lowering rates to 1.6% for various terms, even below some state-owned banks [1][2] - In contrast, other private banks, such as Fujian Huatong Bank, maintain relatively high deposit rates, with rates for different terms ranging from 1.3% to 2.7% [2] - The differentiation in deposit rates is attributed to varying business models, with leading banks leveraging unique ecosystems for competitive advantages [2][3] Industry Structure and Performance - The performance of private banks in 2024 highlights a "Matthew Effect," where WeBank and MyBank lead significantly, while regional banks face profitability pressures [3][4] - WeBank reported revenues of 38.128 billion and net profits of 10.903 billion, while MyBank followed with 21.314 billion in revenue and 3.166 billion in net profit [4] - Nearly half of the private banks reported a year-on-year decline in revenue, with some experiencing significant losses due to rising asset impairment losses [4][5] Challenges and Strategic Focus - Private banks face structural challenges, heavily relying on interest income, with over 80% of revenue coming from interest for many banks [5][6] - The competitive landscape is intensifying as state-owned banks increase their focus on inclusive finance, diminishing the advantages of private banks [6] - To navigate these challenges, private banks are encouraged to adopt diversified strategies, optimize asset structures, and enhance liquidity management [6][7] Technological and Sectoral Focus - Private banks are advised to focus on vertical sectors such as biomedicine and renewable energy, utilizing industry expertise and data-driven risk management to build competitive barriers [7] - Enhancing technological capabilities through big data and intelligent risk control can improve service efficiency for small and micro-enterprises [7]