细察上市金融机构半年报 | 江阴银行净息差逆势回升 投资驱动业绩强劲增长

Core Viewpoint - Jiangyin Bank has reported impressive mid-year results with revenue and net profit growth exceeding 10% year-on-year, alongside a recovery in net interest margin and improved asset quality [2][3] Financial Performance - As of June 30, Jiangyin Bank's total assets reached 207.577 billion, a 3.67% increase from the end of the previous year [3] - The bank achieved operating income of 2.401 billion and net profit attributable to shareholders of 846 million, representing year-on-year growth of 10.45% and 16.63% respectively [3] - The net interest margin stood at 1.54%, recovering by 3 basis points from the end of the first quarter [3] Interest Income and Management - Jiangyin Bank's interest income pressure has eased, with net interest income for the first half of the year at 1.409 billion, a year-on-year decline of only 0.23% [3] - The bank's deposit interest rate was controlled at 1.62%, down 26 basis points year-on-year, enhancing its interest margin management capabilities [3] Investment Income - Investment income has become a significant growth driver, with an increase of 81.44% year-on-year to 881 million, accounting for 36.72% of total operating income [4] - The bank's financial investment assets totaled 65.034 billion, representing 31.32% of total assets [4][5] Asset Quality - Jiangyin Bank's asset quality has improved, with overdue loans decreasing by over 16% and a non-performing loan ratio of 0.86% [6] - The provision coverage ratio increased to 381.22%, up 11.90 percentage points from the beginning of the year [6] Client Loan Concentration - The concentration risk from the top ten clients has decreased, with their loans accounting for 4.21% of total loans as of June 30, 2025 [7] - The bank is actively managing loan concentration risks by monitoring and controlling the credit limits for single clients and groups [7] Dividend Policy - Jiangyin Bank is expected to propose its first mid-year dividend, with the board recommending a plan for the 2025 interim dividend [7]