JRCB(SZ:002807) Quan Jing Wang·2025-08-18 08:30Core Viewpoint - Jiangyin Bank reported a steady growth in its financial performance for the first half of 2025, with significant increases in revenue and net profit, while maintaining strong asset quality and capital adequacy ratios [1][2][3] Financial Performance - The bank achieved total operating revenue of 2.401 billion yuan, a year-on-year increase of 10.45% [1] - Net profit attributable to shareholders reached 846 million yuan, up 16.63% year-on-year [1] - Net profit after deducting non-recurring gains and losses was 827 million yuan, reflecting a growth of 21.26% [1] - Total assets amounted to 207.577 billion yuan, growing by 3.67% since the beginning of the year [1] - Total deposits reached 162.176 billion yuan, an increase of 6.82% [1] - Total loans stood at 131.420 billion yuan, up 5.87% [1] Asset Quality - The non-performing loan ratio remained low at 0.86%, unchanged from the beginning of the year [1] - Provision coverage ratio improved to 381.22%, an increase of 11.9 percentage points [1] - Capital adequacy ratio was 14.89%, with a tier 1 capital ratio of 13.75% and a core tier 1 capital ratio of 13.74%, all significantly above regulatory requirements [1] - Liquidity ratio was 84.33%, and liquidity matching ratio was 156.55%, indicating strong liquidity management [1] Business Development - The bank focuses on serving the real economy, emphasizing areas such as technological innovation, green finance, inclusive finance, and rural revitalization, with related loan growth outpacing the overall average [2] - The "Three Platforms and Six Positions" credit model reform has led to a fully paperless process for personal microloans, reducing the time from credit approval to usage to one hour [2] - The bank has accelerated its scene finance layout, successfully launching platforms and applications to enhance embedded financial service capabilities [2] - The "e-operation" series products effectively meet the short-term financing needs of small business owners and individual entrepreneurs, with personal operating loans increasing by 452 million yuan since the end of last year [2] Transformation and Strategy - The bank is advancing its transformation path with a focus on centralized management and innovative branch operations, establishing six major business centers to enhance cross-departmental collaboration [2] - The cost-to-income ratio improved to 23.74%, a decrease of 6.41 percentage points from the previous year, reflecting effective management [2] - The bank plans to continue its "12458" strategic framework, promoting reform and innovation while enhancing overall operational quality and market image [3] - The board has proposed to authorize a mid-term dividend plan for 2025 to further reward investors [3]