顺德农商行撤回IPO申请 A股候场区仅剩5家银行

Core Viewpoint - The IPO application of Shunde Rural Commercial Bank has been withdrawn, marking the end of its nearly six-year journey towards listing, and it is the second small bank to withdraw its application this year [1][3]. Group 1: IPO Withdrawal and Market Context - Shunde Rural Commercial Bank's IPO application was submitted in 2019 and was accepted, but it faced delays and issues with financial data updates, leading to its eventual withdrawal [3][4]. - The current environment for small banks seeking to list on the A-share market has become increasingly challenging, with only five banks remaining in the queue for IPOs [1][6]. - The overall trend shows a slowdown in the IPO process for small banks, with several banks withdrawing their applications in recent years, particularly after the implementation of the comprehensive registration system [6][7]. Group 2: Financial Performance and Capital Adequacy - As of the end of 2024, Shunde Rural Commercial Bank reported total assets of 471.99 billion yuan, with capital adequacy ratios above regulatory minimums: 14.90% for capital adequacy, 12.71% for tier 1 capital, and 12.04% for core tier 1 capital [3][4]. - Despite maintaining adequate capital ratios, the bank has faced declining profitability, with net profit decreasing for three consecutive years, including a 7.89% drop in 2024 [3][4]. Group 3: Future Outlook and Strategic Adjustments - The bank's withdrawal from the IPO process is attributed to strategic planning adjustments, with intentions to potentially reinitiate the process based on market conditions [4][5]. - Other small banks in Guangdong, such as Dongguan Bank and Nanhai Rural Commercial Bank, are still in the IPO queue, having updated their financial data recently [5][6].