Shen Zhen Shang Bao·2025-09-01 16:41Core Insights - A-share listed banks in China reported a total revenue of 2.92 trillion yuan and a net profit of approximately 1.1 trillion yuan for the first half of 2025, with over 60% of the 42 banks achieving growth in both revenue and net profit [1][2] Group 1: Financial Performance - Among the six major state-owned banks, total revenue reached 1.8 trillion yuan and net profit was 684.1 billion yuan [1] - The four major state-owned banks (Agricultural, Industrial, Construction, and Bank of China) each reported revenues exceeding 300 billion yuan, with Industrial and Commercial Bank of China (ICBC) leading at 427.09 billion yuan, a year-on-year increase of 1.6% [1] - ICBC also topped the net profit rankings with 168.1 billion yuan, while China Merchants Bank entered the top six A-share listed banks with a revenue of 169.97 billion yuan, surpassing China Communications Bank [1] Group 2: Growth Trends - 26 out of 42 A-share listed banks experienced both revenue and net profit growth, with Xi'an Bank showing the highest revenue growth at 43.7% and Hangzhou Bank achieving the highest net profit growth at 16.67% [2] - Total deposits across the 42 banks reached 213.17 trillion yuan, reflecting an increase of 16.4 trillion yuan, or 8.33% year-on-year [2] - ICBC reported the highest growth in personal deposits, reaching 19.83 trillion yuan, an increase of 2.31 trillion yuan, followed closely by Agricultural Bank of China with 20.16 trillion yuan, up by 2.3 trillion yuan [2] Group 3: Market Dynamics - There is a noticeable trend of "deposit migration," with reports indicating that residents are increasingly shifting their deposits towards funds and wealth management products [2] - Data from the central bank indicates a potential turning point in deposit growth, with a decrease of 1.1 trillion yuan in new household deposits in July, while non-bank institutions saw an increase of 214 billion yuan [2]