顺德农商行吸收合并4家村镇银行获批，刚放弃8年IPO长跑

Group 1 - The Guangdong Financial Regulatory Bureau approved Shunde Rural Commercial Bank's absorption and merger of four village banks, which will be converted into branches of Shunde Rural Commercial Bank [2][3] - Shunde Rural Commercial Bank has frequently expanded its operations, having planned or completed the absorption and merger of seven village banks in the past year [2][4] - The bank's net profit for 2024 decreased by 8.5% to 3.17 billion yuan, marking a continuous decline for three years, while the non-performing loan ratio rose to 1.61% [2][6] Group 2 - The bank's total revenue for 2024 was 8.49 billion yuan, a year-on-year increase of 1.2%, but the net profit further dropped by 39.4% to 500 million yuan in the first quarter of 2025 [6][7] - The total compensation for directors, supervisors, and senior management decreased by 16.3% to 23.49 million yuan in 2024, reflecting the bank's overall performance [6][7] - Shunde Rural Commercial Bank has faced challenges in improving the asset quality of its village banks, with non-performing loan ratios of 2.39% in provincial banks and 1.87% in non-provincial banks as of the end of 2024 [4][5] Group 3 - The bank's IPO application was withdrawn on July 4, 2025, after failing to update financial information and resume the IPO review process [6][7] - The bank has undergone multiple changes in its executive team over the past year, indicating instability in its management [6][7] - Shunde Rural Commercial Bank has expanded its operations through establishing branches in different regions and investing in other rural commercial banks in Guangdong Province [5][6]