信贷、财富管理发力，宁波银行如何挑战城商行“一哥”？

Core Insights - Ningbo Bank reported a revenue of 37.16 billion yuan and a net profit of 14.84 billion yuan for the first half of 2025, showing year-on-year growth of 7.91% and 8.37% respectively, with both metrics accelerating compared to the first quarter of 2025 [2][3][4] Financial Performance - Revenue for the first half of 2025 was 37,160 million yuan, up from 34,437 million yuan in the same period of 2024, marking a 7.91% increase [4] - Net profit reached 14,838 million yuan, compared to 13,692 million yuan in the first half of 2024, reflecting an 8.37% growth [4] - Interest income was 25,726 million yuan, with a year-on-year increase of 11.11%, despite a slight decline in net interest margin to 1.76% [5] Loan and Asset Management - As of the end of June 2025, total loans increased by 13.36% year-on-year, with corporate loans rising by 21.34% [2][8] - The bank's financial investment assets accounted for 43.14% of total assets, a decrease from 47% in 2021, but still higher than Jiangsu Bank's 39.33% [8] - Personal loans decreased by 4.02%, attributed to weak consumer credit demand, while corporate loans contributed significantly to new loan growth [8] Non-Interest Income - Non-interest income from fees and commissions was 2,805 million yuan, up 4.04%, ending a three-year decline [5][8] - The bank's agency business, which includes sales of funds, insurance, and wealth management products, generated 2,987 million yuan in fees, a 10.06% increase [8][9] Market Position - Ningbo Bank maintained its position as the second-largest city commercial bank in the Yangtze River Delta, following Jiangsu Bank, with similar growth rates in revenue and net profit [6][7] - The bank's total financial assets under management (AUM) reached 1,255 billion yuan, second only to Jiangsu Bank in the region, with a significant portion in non-deposit products [9]