格局巨变！北京银行被江苏银行超了，“一哥”没了

Core Viewpoint - The landscape of city commercial banks has changed, with Jiangsu Bank surpassing Beijing Bank in total assets, marking a significant shift in the industry hierarchy [1][3]. Group 1: Total Assets Comparison - As of the first half of 2025, Jiangsu Bank's total assets reached 47,884 billion yuan, surpassing Beijing Bank's 47,478 billion yuan, making Jiangsu Bank the largest city commercial bank [1][5]. - Beijing Bank's lead in total assets has significantly narrowed over the years, with the gap decreasing from approximately 4,400 billion yuan in 2021 to around 400 billion yuan in 2025 [4][6]. - Other city commercial banks, such as Ningbo Bank, have also shown rapid growth, with total assets reaching 34,703 billion yuan, which is 73% of Beijing Bank's total [6]. Group 2: Revenue Trends - Jiangsu Bank's operating revenue surpassed that of Beijing Bank in 2022, with Jiangsu Bank reporting 705.7 billion yuan compared to Beijing Bank's 662.8 billion yuan [6][7]. - In the first half of 2025, Jiangsu Bank's operating revenue was 448.64 billion yuan, while Beijing Bank's was only 362.18 billion yuan, indicating a significant performance gap [7]. - Beijing Bank's operating revenue growth from 2019 to 2024 was only about 11%, with a compound annual growth rate of 2.05%, which is below industry standards [8]. Group 3: Financial Ratios and Performance - Beijing Bank's net interest margin has decreased from 2.28% in 2018 to 1.47% in 2024, placing it in the lower tier among city commercial banks [10][11]. - The bank's reliance on interest income is high, with non-interest income accounting for only 25.76% of total income in 2024, ranking 11th among city commercial banks [12][13]. - As of the first half of 2025, Beijing Bank's core Tier 1 capital adequacy ratio was 8.59%, which is among the lowest in the sector, limiting its ability to expand and manage risks effectively [15][19]. Group 4: Leadership Changes - A leadership change occurred at Beijing Bank with Dai Wei replacing Yang Shujian as the new president, raising questions about the potential for revitalization and regaining its top position in the industry [2][19].