核心一级资本充足率降至7.74％，湖北银行IPO排队逾两年

Core Insights - Hubei Bank's core tier one capital adequacy ratio has decreased to 7.74% as of September, down 0.19 percentage points from mid-year, indicating ongoing capital pressure [2][5] - The bank aims to achieve an asset scale exceeding 1 trillion yuan by 2027, despite facing challenges in capital adequacy [4][6] Financial Performance - As of September, Hubei Bank's total assets reached 620.415 billion yuan, a year-on-year increase of 20.26% from 515.899 billion yuan [4] - The bank reported a net profit of 2.411 billion yuan, up 15.43% from 2.089 billion yuan in the same period last year [4] - The non-performing loan balance increased from 5.808 billion yuan to 6.499 billion yuan, but the non-performing loan ratio improved from 1.95% to 1.85% due to loan scale expansion [4] Capital Adequacy - The bank's capital adequacy ratio, tier one capital adequacy ratio, and core tier one capital adequacy ratio were 11.41%, 9.25%, and 7.74%, respectively, all lower than the previous year's figures [5][6] - Hubei Bank's capital adequacy ratios are below the average for city commercial banks, which stood at 12.64% in the second quarter [6] Capital Raising Initiatives - To alleviate capital pressure, Hubei Bank initiated an 18 billion share capital increase plan in 2024, with completion expected by mid-2023 [6][8] - The bank successfully issued 3 billion yuan in perpetual bonds in 2024 to supplement other tier one capital [8] - Hubei Bank's IPO application has been under review since March 2023, with the raised funds intended to enhance core tier one capital [8] Strategic Goals - Hubei Bank is focused on diversifying its capital replenishment channels, including internal profit accumulation and external financing methods [7][9] - The bank's management has expressed the need for support from local investment groups to deepen cooperation in major project financing [4]