数说者·2025-07-09 22:27Core Viewpoint - The article provides a comparative analysis of Qilu Bank and Qingdao Bank, two leading city commercial banks in Shandong province, highlighting their financial performance, operational strategies, and market positioning. Group 1: Background and Ownership - Both Qilu Bank and Qingdao Bank were established in 1996, evolving from local credit cooperatives into city commercial banks, with name changes occurring in 2008 and 2009 respectively [3]. - The largest shareholders of both banks are foreign banks, with Qilu Bank's largest shareholder being the Commonwealth Bank of Australia (15.43% stake) and Qingdao Bank's largest shareholder being the Italian bank Unione di Banche Italiane (17.50% stake) [4]. Group 2: Capital Market and Regional Distribution - Qingdao Bank was the first to enter the capital market, listing on the Hong Kong and Shenzhen stock exchanges in December 2015 and January 2019, respectively, while Qilu Bank listed on the New Third Board in 2015 and transitioned to the Shanghai Stock Exchange in 2021 [5]. - As of February 2025, Qingdao Bank has established branches in all 16 cities within Shandong province, while Qilu Bank has not yet achieved full coverage, lacking branches in Jining and Zaozhuang but has a branch in Tianjin [5]. Group 3: Financial Performance - As of 2024, Qingdao Bank's total assets are approximately 689.96 billion, slightly higher than Qilu Bank's 689.54 billion. However, Qilu Bank's net profit of 49.86 billion exceeds Qingdao Bank's 42.64 billion by 7.22 billion [8][11][13]. - Both banks have a loan-to-asset ratio below 50%, with company loans making up about 71% of total loans for both banks [9]. - Qingdao Bank has a slightly lower non-performing loan (NPL) ratio of 1.14% compared to Qilu Bank's 1.19%, but its overdue loan ratio is higher [10][21]. Group 4: Cost Management and Employee Compensation - Qingdao Bank's cost-to-income ratio is higher at 34.95% compared to Qilu Bank's 27.41%, indicating more efficient cost management at Qilu Bank [24]. - In 2024, Qingdao Bank's business and management expenses reached 4.717 billion, significantly higher than Qilu Bank's 3.413 billion, with a notable difference in employee compensation, where Qingdao Bank's employee salary expenses were 2.509 billion compared to Qilu Bank's 1.938 billion despite having fewer employees [26].