Bank Of Jiangsu(SH:600919) Zhong Jin Zai Xian·2025-08-22 10:59Core Viewpoint - Jiangsu Bank has demonstrated strong performance in the first half of 2025, achieving significant growth in revenue and net profit despite industry challenges, positioning itself as a leader in the banking sector [1][2]. Financial Performance - The bank reported a total revenue of 44.864 billion yuan, a year-on-year increase of 7.78%, and a net profit attributable to shareholders of 20.238 billion yuan, up 8.05% year-on-year [1][2][14]. - The annualized Return on Equity (ROE) reached 15.64%, and the annualized Return on Assets (ROA) was 0.96% [1][15]. - Total assets amounted to 4.79 trillion yuan, reflecting a growth of 21.16% compared to the end of the previous year [2][14]. Loan and Deposit Growth - The total loan balance stood at 2.43 trillion yuan, increasing by 15.98% year-on-year, with corporate loans growing by 22.20% to 1.625 trillion yuan [4][16]. - Total deposits reached 2.54 trillion yuan, marking a growth of 20.22% from the previous year [2][14]. Asset Quality and Risk Management - The non-performing loan (NPL) ratio improved to 0.84%, down from 0.89% at the end of the previous year, achieving the best level since the bank's listing [8][15]. - The provision coverage ratio was reported at 331.02%, indicating strong risk mitigation capabilities [15]. Market Recognition and Stock Performance - Jiangsu Bank ranked 56th in the 2025 Global Bank 1000 list, improving by 10 places from the previous year, and was ranked 162nd in the Fortune China 500 list, maintaining its position as the top city commercial bank in China [3]. - The bank's stock price increased by 20.97% year-to-date, outperforming the banking sector's average growth [10]. Strategic Initiatives - The bank has focused on supporting technological and industrial innovation, with a technology loan balance of 274 billion yuan, and has implemented over 40 service plans for key industries [5][16]. - Jiangsu Bank has also made strides in green finance, with green financing exceeding 720 billion yuan, a growth of 32.1% from the previous year [5][16]. Customer Engagement and Financial Inclusion - The bank has expanded its micro-loan offerings, with a balance exceeding 750 billion yuan, and has introduced 20 measures to boost consumer finance [7][19]. - The number of new consumer loan customers reached 139,400, representing a 1.88 times increase compared to the same period last year [7][19].