一线“管窥”上半年银行业经营状况：营收净利或好于预期，对公不良显著好于零售

Core Viewpoint - The overall performance of the banking industry in the first half of the year is better than expected, with key characteristics including revenue and profit exceeding expectations, a focus on urban renewal for lending, and a stable overall non-performing loan (NPL) ratio, with corporate loans performing significantly better than personal loans [1][2][6]. Group 1: Revenue and Profit Performance - Many banks report that their revenue and profit for the first half of the year are better than expected, despite a slowdown in revenue growth and a decline in profit indicators [2][3]. - A regional bank indicated that its revenue and profit exceeded original expectations due to increased credit lending and resilience in various industries [2][3]. - Among the five listed city commercial banks that have released performance reports, four achieved double-digit growth in net profit attributable to shareholders, with three showing a year-on-year growth rate exceeding 16% [2][3]. Group 2: Lending Trends - Urban renewal has become a new focus for corporate real estate lending, with banks increasing support for government-led urban renewal and affordable housing projects [4][5]. - Some banks have reported a rebound in personal mortgage loans in the second quarter, with one bank indicating that its mortgage loan issuance remained stable against market trends [5]. - Overall, banks are cautious about personal mortgage loans while prioritizing corporate lending, particularly in urban renewal projects [5][4]. Group 3: Asset Quality and Non-Performing Loans - The non-performing loan ratio has remained stable, with no significant increase observed in the first half of the year [6][7]. - Among the five listed banks, the non-performing loan ratios have either remained flat or decreased compared to the beginning of the year, with specific banks reporting ratios of 0.76% and 1.12% [6]. - Corporate loans have shown significantly better non-performing loan ratios compared to retail and personal loans, attributed to stronger asset quality in corporate sectors [6][7].