第一财经·2026-02-10 04:58Core Viewpoint - In 2025, banks listed in Jiangsu, Zhejiang, and Shanghai demonstrated strong performance, with significant growth in net profit and operating income, supported by regional economic resilience and proactive credit deployment [3][4]. Financial Performance - Several city commercial banks reported growth in net profit and operating income, with Hangzhou Bank achieving a 12.05% increase in net profit to 19.03 billion yuan, while Nanjing Bank and Ningbo Bank reported net profits of 29.33 billion yuan and 21.81 billion yuan, respectively [5][6]. - Operating income for Nanjing Bank grew by 10.48% to 55.54 billion yuan, leading among city commercial banks, while Ningbo Bank's revenue increased by 8.01% to 71.97 billion yuan [6]. - Loan balances showed double-digit growth, with Ningbo Bank's loan growth at 17.43%, and Hangzhou Bank's loans exceeding 1 trillion yuan, growing by 14.33% [6][7]. Asset Quality - The overall asset quality of Jiangsu, Zhejiang, and Shanghai banks remained stable, with non-performing loan (NPL) ratios generally flat or declining. For instance, Pudong Development Bank's NPL ratio decreased to 1.26% [8][10]. - Coverage ratios for provisions were robust, with Hangzhou Bank's coverage ratio at 502.24%, and other banks also maintaining coverage ratios above 300% [10]. Non-Interest Income - Non-interest income became a crucial growth driver for Jiangsu, Zhejiang, and Shanghai banks amid pressure on net interest margins. Hangzhou Bank's retail customer assets under management (AUM) grew by 15.73%, contributing to a 13.1% increase in fee and commission income [11][12]. - Ningbo Bank's net fee and commission income rose by 30.72%, driven by favorable capital market conditions and wealth management services [12][13]. Credit Deployment and Strategy - The credit structure of city commercial banks in Jiangsu, Zhejiang, and Shanghai is characterized by a dual-driven approach, focusing on national strategic directions and local government financing [9][10]. - Banks reported a strong start to 2026, with credit deployment exceeding expectations, indicating a proactive approach to lending [10].