成本涨17.2%，净利跌16.77%，浙江德清农商银行上半年经营陷困局

Core Insights - Zhejiang Deqing Rural Commercial Bank has reported mixed financial results for the first half of 2025, with total assets reaching 100.49 billion yuan and total liabilities at 92.54 billion yuan, indicating a stable capital adequacy ratio that meets regulatory requirements [1][3] Financial Performance - As of June 30, 2025, the bank's total assets were 1004.86 billion yuan, liabilities were 925.38 billion yuan, and total equity was 79.48 billion yuan [1] - The capital adequacy ratio stood at 14.38%, with a tier-one capital ratio of 11.47% and a core tier-one capital ratio of 11.37% [1] - Total operating income for the bank was 1.13 billion yuan, a slight decrease of 0.07 billion yuan or 0.61% compared to the same period in 2024 [1] - Net interest income increased to 1.00 billion yuan, up 0.13 billion yuan or 1.32% year-on-year, serving as a key revenue driver [1] - Investment income, however, plummeted by 53.39% to 0.61 billion yuan, down from 1.31 billion yuan, significantly impacting overall revenue [1] Expense and Profitability - Total operating expenses rose to 568 million yuan, an increase of 84 million yuan or 17.20% year-on-year [2] - Net profit for the period was 452 million yuan, a decrease of 92 million yuan or 16.77% compared to the previous year [2] - The net profit attributable to the parent company was 412 million yuan, down 77 million yuan or 15.64% year-on-year, indicating a decline in profitability [2] Company Structure - Deqing Rural Commercial Bank was established in 2008 with a registered capital of 121.3 million yuan, featuring a mixed ownership structure of natural persons and legal entities [3] - In May 2025, the bank's registered capital increased from 1.155 billion yuan to 1.213 billion yuan [3]