Jing Ji Guan Cha Bao·2025-09-13 09:19Core Insights - The rise of Jiangsu Bank and Ningbo Bank reflects not only their governance and transformation capabilities but also the high-quality development of the regional economy [2][12] - The new banking landscape is expected to reinforce the trend of "the strong getting stronger" [2][12] Group 1: Jiangsu Bank's Performance - As of June 2025, Jiangsu Bank's total assets grew by 21.16% year-on-year to 4.79 trillion yuan, surpassing Beijing Bank [2][3] - Jiangsu Bank's operating income in the first half of 2025 was 448.64 billion yuan, a year-on-year increase of 7.78%, while net profit rose by 8.05% to 202.38 billion yuan [4] - The bank's total assets have consistently shown double-digit growth over the past five years, expanding from 2.34 trillion yuan to 3.95 trillion yuan [3] Group 2: Ningbo Bank's Growth - Ningbo Bank's total assets reached 3.47 trillion yuan as of June 2025, marking an 11.04% increase and surpassing Shanghai Bank [6][8] - In the same period, Ningbo Bank's operating income was 371.60 billion yuan, up 7.91%, and net profit increased by 8.23% to 147.72 billion yuan [7][8] - The bank's governance effectiveness and focus on small and medium-sized enterprises have contributed to its competitive edge [8][9] Group 3: Regional Economic Factors - The strong regional economic dynamics in the Yangtze River Delta, characterized by vibrant private enterprises and a complete industrial chain, support the growth of Jiangsu and Ningbo Banks [12][13] - The banks have effectively capitalized on the demand for corporate loans, with Jiangsu Bank's corporate loan growth reaching 23.30% [4][9] - The asset quality of both banks remains strong, with low non-performing loan ratios, enhancing their profitability [9][12] Group 4: Competitive Landscape - The competitive landscape among city commercial banks has shifted, with Jiangsu Bank and Ningbo Bank now leading in key financial metrics [2][10] - Other banks like Nanjing Bank also show robust growth, with total assets nearing 3 trillion yuan [10] - The trend of "stronger banks becoming stronger" is evident, as 14 out of 17 listed city commercial banks reported growth in both revenue and net profit in the first half of 2025 [13]