Core Viewpoint - Tianjin Bank is approaching the "trillion club" with total assets reaching 965.675 billion yuan, but faces challenges in various business segments, including a significant decline in intermediary business income and personal loan volume [1][3][5] Group 1: Financial Performance - As of June 2025, Tianjin Bank's total assets increased by 4.3% year-on-year, nearing the trillion yuan mark [3] - The bank reported operating income of 8.83 billion yuan and net profit of 2.01 billion yuan for the first half of 2025, reflecting growth rates of 0.8% and 1.6% respectively, although these rates have slowed compared to previous years [5] - The decline in intermediary business income, particularly a 26.9% drop in net commission and fee income, has significantly impacted overall profitability [5][6] Group 2: Business Challenges - Tianjin Bank's intermediary business income has faced ongoing challenges, with a notable decline in recent years due to market conditions and regulatory changes [6][7] - The bank's investment income has shown volatility, with a significant drop to 1.27 billion yuan in the first half of 2025, a decrease of 15.5% year-on-year [7][8] - The personal loan business has been shrinking, with a decrease from 134.982 billion yuan in 2020 to 89.41 billion yuan by mid-2025, marking an 8.1% decline in the first half of 2025 [10][11] Group 3: IPO and Market Position - Tianjin Bank has been in the A-share IPO counseling process for ten years, currently stalled due to pending external approvals [13][14] - The bank's position among 30 listed city commercial banks is mid-tier, ranking 13th, but it has made progress in asset scale and market competitiveness [3][4] - The changing regulatory environment and market conditions have made it difficult for regional banks like Tianjin Bank to achieve IPOs, necessitating a focus on improving operational capabilities and financial technology investments [14][15]
A股“预备役”十年，“万亿”天津银行个贷、中收、投资俱失速