“标杆行”常熟银行的新变化 业绩稳夯实分红底气 “村改支”打开发展空间

Core Viewpoint - Changshu Bank, recognized as a benchmark for microfinance, has demonstrated robust performance with double-digit growth in revenue and net profit, alongside a new mid-term dividend policy, indicating strong financial health and growth potential [2][3][7] Financial Performance - In the first half of 2025, Changshu Bank achieved operating income of 6.062 billion yuan, a year-on-year increase of 10.10%, and net profit attributable to shareholders of 1.969 billion yuan, up 13.51% [2][3] - The bank has maintained double-digit growth in revenue and net profit for 16 consecutive quarters, showcasing strong resilience [3] - Total assets surpassed 400 billion yuan, reaching 401.227 billion yuan, a growth of 9.45% from the beginning of the year [3] - The net interest margin stood at 2.58%, reflecting a competitive position within the industry [3] Asset Quality - As of June 30, 2025, the non-performing loan ratio was 0.76%, a slight decrease of 0.01 percentage points from the end of the previous year [3] - The provision coverage ratio was 489.53%, down 10.98 percentage points year-on-year, yet still among the leading levels in the listed banking sector [3] Business Strategy - Changshu Bank focuses on serving the "three rural issues and two small enterprises," with innovative models like "Changyin Microfinance" and "Changyin Micro Venture Capital" [3][4] - The bank's total loans reached 251.471 billion yuan, with personal loans accounting for 54.20% of the total [4] - The bank's corporate culture emphasizes a strategy of "doing small and scattered," aiming to create value for customers and contribute to society [4] Expansion Initiatives - The bank has accelerated its "village-to-branch" reform, merging village banks and establishing branches to enhance market penetration [5][6] - As of mid-2025, revenue from areas outside Changshu accounted for 66.52% of total revenue, with 42.74% coming from branches in other regions [5] Dividend Policy - Changshu Bank announced its first mid-term dividend plan, proposing a cash dividend of 0.15 yuan per share, totaling 499 million yuan, which represents 25.27% of the net profit for the first half of the year [7] - This move reflects the bank's commitment to enhancing shareholder returns and aligns with policies encouraging increased cash dividends among listed companies [7]