一线“管窥”上半年银行业经营状况：营收净利或好于预期

Core Viewpoint - The overall performance of the banking industry in the first half of the year is better than expected, with stable asset quality and a shift in lending focus towards urban renewal projects [1][4]. 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]. - Some banks, particularly regional ones, have maintained a revenue and profit growth rate of over 5% year-on-year, which is notable given the challenges faced [2]. - As of July 31, five A-share listed city commercial banks reported positive growth in both operating income and net profit attributable to shareholders, with four banks achieving double-digit growth in net profit [2]. Group 2: Lending Trends - Urban renewal has become a new focus for corporate real estate lending, with banks increasing support for government-led projects in this area while being cautious with personal housing loans [4][6]. - Some banks have reported a rebound in mortgage loans in the second quarter, with one bank indicating that its mortgage loan issuance remained stable and even grew compared to the first quarter [5][6]. Group 3: Asset Quality - The overall non-performing loan (NPL) ratio has remained stable, with no significant increase observed in the first half of the year [7]. - Among the five listed banks that reported, the NPL ratios were either stable or decreased compared to the beginning of the year, with corporate credit showing significantly better performance than retail and personal loans [7][8]. - The increase in personal loan defaults is attributed to the economic cycle and previous lending practices during the pandemic, leading banks to enhance their management of personal credit risks [8].