HZBank(SH:600926) 第一财经·2025-08-25 06:58Core Viewpoint - The article discusses allegations of unpaid overtime at Hangzhou Bank's Chengdong branch, highlighting the broader issue of work pressure in the banking industry amid declining profitability and performance metrics [3][7]. Group 1: Allegations of Overtime - An anonymous post on social media claims that employees at Hangzhou Bank's Chengdong branch are required to work unpaid overtime on weekends, with management absent [3][7]. - The bank's initial response indicates no evidence of mandatory weekend work, although some employees may work weekends as needed [7]. Group 2: Industry Performance Metrics - The banking sector is experiencing pressure on performance, with the net interest margin for commercial banks dropping to 1.42% in Q2 2025, a decrease of 0.01 percentage points from Q1 and 0.12 percentage points year-on-year [8]. - The cumulative net profit for commercial banks in 2025 is reported at 12,423 billion yuan, reflecting a year-on-year decline of 1.2% [8]. Group 3: Hangzhou Bank's Financial Performance - For the first half of 2025, Hangzhou Bank reported operating income of 20.093 billion yuan, a year-on-year increase of 3.89%, and a net profit attributable to shareholders of 11.662 billion yuan, up 16.67% from the previous year [8]. - As of June 30, 2025, Hangzhou Bank's total assets reached 2,235.595 billion yuan, a growth of 5.83% from the end of the previous year, with total loans and deposits increasing by 7.67% and 5.17%, respectively [9]. - The bank's non-performing loan ratio stands at 0.76%, with a provision coverage ratio of 520.89%, and its core Tier 1 capital adequacy ratio is 9.74%, reflecting improvements from the previous year [9].