常熟银行首次启动中期分红 年内三次计划“村改支”

Core Viewpoint - Changshu Bank reported a strong performance in the first half of 2025, with significant year-on-year growth in both revenue and net profit, indicating effective strategies in expanding its market presence and optimizing resource allocation [1][2][3]. Financial Performance - Revenue for the first half of 2025 reached 6.062 billion yuan, a year-on-year increase of 10.1% [1]. - Net profit attributable to shareholders was 1.969 billion yuan, reflecting a year-on-year growth of 13.51% [1]. - The bank's total assets exceeded 400 billion yuan, marking a 9.45% increase from the beginning of the year [3]. - The non-performing loan (NPL) ratio stood at 0.76%, a slight decrease of 0.01 percentage points from the start of the year [3]. Revenue Composition - Interest income contributed 4.64 billion yuan, with a modest year-on-year increase of 0.83% [4]. - Non-interest income surged to 1.422 billion yuan, a significant year-on-year increase of 57.26%, primarily driven by investment income [4]. - Investment income reached 1.201 billion yuan, up 30.94% year-on-year, with bond investment income showing a remarkable growth of 560.13% [4]. Strategic Expansion - Changshu Bank has absorbed and merged seven village banks this year, enhancing its presence in county markets and optimizing resource allocation [2][6]. - The bank's revenue from areas outside Changshu accounted for 66.52% of total revenue, indicating successful regional expansion [1][6]. - The bank's strategy includes establishing new branches following the absorption of village banks, which is expected to further enhance its market reach [6][7]. Dividend Policy - The bank announced its first interim dividend, distributing 0.15 yuan per share, totaling 497 million yuan, which is 25.27% of the net profit for the first half of 2025 [2][5]. - This marks a shift in the bank's dividend policy, as the annual dividend payout ratio has decreased in recent years [4][5].