常熟银行换帅A股最年轻行长陆鼎昌临考资本充足率降至13.66%发债50亿“补血”

Core Viewpoint - The appointment of Lu Dingchang as the youngest president of a listed bank in A-shares marks a significant leadership change for Changshu Bank, which is undergoing capital expansion and integration of village banks while facing challenges in revenue growth and capital adequacy [1][4][5]. Group 1: Leadership Change - Changshu Bank announced the resignation of its president, Bao Jian, and appointed Lu Dingchang, aged 39, as the new president and chief compliance officer, making him the youngest president among A-share listed banks [1][2][3]. - Lu Dingchang has a long history with Changshu Bank, having risen through the ranks from various positions, indicating a strong internal development culture [4][5]. Group 2: Financial Performance - For the first three quarters of 2025, Changshu Bank reported operating income of 9.052 billion yuan, a year-on-year increase of 8.15%, and a net profit attributable to shareholders of 3.357 billion yuan, up 12.82% [5]. - The bank's third-quarter revenue was 2.99 billion yuan, reflecting a growth rate of 4.41%, the lowest quarterly growth since 2021 [5]. - As of September 30, 2025, the total assets of Changshu Bank reached 402.23 billion yuan, a 9.72% increase from the previous year, with total loans amounting to 256.764 billion yuan, up 6.6% [5]. Group 3: Capital Adequacy and Strategy - The capital adequacy ratio of Changshu Bank decreased from 14.19% at the end of 2024 to 13.66% by September 2025, indicating a potential challenge in maintaining capital levels amid expansion efforts [7]. - The bank plans to issue up to 5 billion yuan in subordinated debt to bolster its capital base, supporting its dual-driven strategy for county finance and rural banking [8]. - The second-largest shareholder, Changshu Investment Holding Group, increased its stake in the bank, raising its ownership to 3.98% [8].