Xin Hua Wang·2025-08-12 06:19Core Viewpoint - The A-share listed banks have reported strong performance in their semi-annual reports, with significant growth in net profit and improved asset quality across multiple institutions [1][2]. Group 1: Financial Performance - Zhangjiagang Bank reported a total operating income of 2.353 billion yuan, a year-on-year increase of 5.74%, and a net profit attributable to shareholders of 762 million yuan, up 27.76% year-on-year [2]. - As of August 10, 2022, 12 listed banks have disclosed their semi-annual performance, all showing double-digit growth in net profit [2][3]. - Jiangyin Bank achieved the highest year-on-year growth in operating income at 25.96%, while Zijin Bank had the lowest at 2.64% [3]. Group 2: Asset Quality - The non-performing loan (NPL) ratio for Zhangjiagang Bank decreased by 0.05 percentage points to 0.90% as of June 30, 2022 [2]. - Among the 12 listed banks, Hangzhou Bank had the lowest NPL ratio at 0.79%, while Jiangyin Bank showed the most significant improvement, with a decrease of 0.34 percentage points to 0.98% [3][4]. Group 3: Provision Coverage - The provision coverage ratio increased for 10 out of 12 banks, with Hangzhou Bank, Changshu Bank, Zhangjiagang Bank, Wuxi Bank, and Suzhou Bank exceeding 500% [4]. - Jiangyin Bank and Suzhou Bank saw significant increases in their provision coverage ratios, rising by 165.46 percentage points and 82.02 percentage points, respectively [4]. Group 4: Market Outlook - Analysts are optimistic about the valuation recovery of the banking sector, citing stable net interest margins and improved asset quality as key factors [5][6]. - The overall performance of listed banks is expected to remain robust, with a focus on regional banks benefiting from economic recovery and increased financing demand [6].