Core Viewpoint - The bank reported a slight decline in revenue but a modest increase in net profit for the first half of 2025, indicating a stabilization in performance despite ongoing challenges in the market [1][6]. Financial Performance - The bank achieved a revenue of 110.46 billion yuan in 1H25, down 2.3% year-on-year, with the decline narrowing by 1.3 percentage points compared to 1Q25 [1]. - The net profit attributable to shareholders was 43.14 billion yuan, reflecting a year-on-year increase of 0.2%, with an improvement of 2.4 percentage points from 1Q25 [1]. - The net interest margin stood at 1.75%, a decrease of 11 basis points year-on-year [1][5]. Asset Quality and Loan Performance - The non-performing loan (NPL) ratio was 1.08% at the end of 1H25, remaining stable compared to the previous quarter [2][5]. - The total loan balance reached 5.9034 trillion yuan, up 4.1% year-on-year, with corporate loans showing a net increase of 227.1 billion yuan, accounting for 136.1% of the total loan growth [4]. - Retail loans decreased by 27.9 billion yuan, primarily due to adjustments in lending strategies amid asset quality fluctuations [4]. Non-Interest Income and Provisioning - Other non-interest income showed improvement, with a decline of 7.0% year-on-year to 23.63 billion yuan, but the decline rate improved by 14.5 percentage points from 1Q25 [3]. - The bank made provisions for impairment losses totaling 30.12 billion yuan, down 12.2% year-on-year, contributing 6.4 percentage points to profit growth [3]. Interest Income and Margin Pressure - Net interest income was 73.76 billion yuan, down 1.5% year-on-year, with the growth rate declining from 1.3% in 1Q25 to negative territory [3][5]. - The bank's asset yield faced pressure, with a decrease of 56 basis points to 3.37% due to various market factors [5]. Investment Outlook - The bank's performance is expected to maintain steady growth, supported by improvements in non-interest income and provisioning, with projected net profits of 78.63 billion, 80.84 billion, and 84.49 billion yuan for 2025-2027, reflecting year-on-year growth rates of 1.8%, 2.8%, and 4.5% respectively [6].

近日，厦门银行正式披露2025年半年度业绩报告。在上半年复杂多变的经济环境下，这家深耕区域 的城商行交出了一份颇具韧性的"期中答卷"。 业绩显示，厦门银行上半年总资产突破4 3 0 0亿元，存贷款规模较上年末增幅均超7%；二 季 度 营 收 环 比 劲 增 2 1 . 4 5% ， 净 息 差 企 稳 回 升 释 放 积 极 信 号 ； 不 良 贷 款 率 持 续 稳 定 1% 以 下，拨备覆盖率超3 2 0%；企业贷款余额较上年末增长1 7 . 2 1%，增速远超整体贷款增速， 深耕实体成效显著，在普惠金融、绿色金融、科技金融等实体重点领域实现全面开花。 与 此 同 时 ， 厦 门 银 行 持 续 深 耕 两 岸 金 融 。 截 至 6 月 末 ， 该 行 两 岸 业 务 呈 现 量 质 齐 升 的 态 势：台企客户数、授信户数较上年末均增长7%，台企贷款余额较上年末增幅高达5 1%，增 速显著跑赢整体对公贷款；在零售端，台胞客户数较上年末增长 1 0%，台胞户均金融资产 达全行零售客户的1 . 6 6倍，厚植两岸业务发展潜力。 厦门银行董事长洪枇杷在2 0 2 4年年度业绩会上表示，以"稳、进、立"打造价 ...

从监管出手整治内卷式竞争，到多家银行高管在业绩发布会上公开表态"反内卷"，现如今， 一场针对行业内卷的变革正在逐步改变着商业银行的竞争逻辑。 自中央经济工作会议提出综合整治内卷式竞争以来，"反内卷"已经成为银行业的共识。 在上市银行近期召开的2025中期业绩发布会上，多名高管提及"反内卷"，据不完全统计，至 少包括邮储银行、中信银行、招商银行、平安银行、兴业银行、华夏银行、民生银行、浙商 银行、杭州银行等在内的九家上市银行。其中，有的高管明确表态"未来将持续降本增效， 不搞内卷式竞争"；有的则从理念上进行根本转变，提出"加强宣导、严格约束，让价格内卷 回归价值服务"。 在多位银行高管看来，银行业过度内卷扰乱金融秩序，"反内卷"有利于银行业存贷款、中间 业务实现更加高质量、可持续的发展，为行业创造更为健康的市场环境。 银行如何做好"反内卷"？ 坚持理性定价与风险定价 近年来，"内卷"已频繁出现在企业竞争的语境当中，由此出现的价格战也屡见不鲜。 在近期业绩发布会上，包括邮储银行、中信银行、招商银行、平安银行、兴业银行、华夏银 行、民生银行、浙商银行、杭州银行等在内的多家上市银行高管均表示，将积极执行"反内 卷"相 ...

陈星源 民生无小事，枝叶总关情。打造特色主题网点，树立一批金融服务标杆；积极服务民生，联合开展、主办多场 惠民活动；上门服务暖客心，为特殊群体排忧解难……在中国农业银行长沙分行，金融服务不是冰冷的数字和 流程，而是化作了孩子们手捧绘本时灿烂的笑容，户外劳动者接过清凉礼包时湿润的眼角，老人足不出户办理 业务时由衷的感谢。 近年来，中国农业银行长沙麓山支行（以下简称农行长沙麓山支行）始终坚持以人民为中心的发展思想，将"金 融为民"的使命融入日常、做在经常，通过特色网点打造、惠民活动与上门服务，持续推动金融服务向基层、向 民生、向心灵深处延伸，全力书写有温度、有担当的"农行答卷"。 特色网点 金融服务有温度更有情怀 在金融服务同质化竞争日益激烈的今天，农行长沙麓山支行以差异化、特色化经营理念，打造了一批具有鲜明 特色的主题网点，让金融服务有温度更有情怀。 走进农行长沙麓山八方支行专门开辟的"壹阅书房"，仿佛进入了一个童话世界。明亮活泼的阅读区内，孩子们 正围坐在书桌旁，聆听志愿者讲述精彩的故事。书架上，千余册精美绘本分类陈列，从经典童话到科普读物， 充分满足不同年龄段孩子的阅读需求。 "叔叔，你看我做的植物拓印！" ...

稳坐"宝座" 成都银行，西南唯一资产超万亿城商行 制图:朱林(豆包AI生成) 随着重庆银行与成都银行相继披露2025年半年度报告，西南地区两家头部城商行的经营表现再度聚焦市 场目光，同时引发市场对"西南之王"称号的新一轮讨论。 透过两份半年报不难发现，2025年上半年，两家银行在资产规模、营收利润、业务布局及风险管控四大 核心维度呈现差异化发展态势:成都银行凭借更大的资产与盈利体量暂居优势，重庆银行则以迅猛的规 模扩张、亮眼的营收增速展现强劲追赶势头。 "重对公、轻零售"特征明显 资产规模是衡量银行实力的重要基础。2025年上半年，两家银行均实现稳健扩张，但梯队差距明显。半 年报显示，截至2025年6月末，成都银行总资产达1.37万亿元，较上年末增长9.77%，继续稳坐西南地区 资产规模最大城商行的宝座；重庆银行资产总额为9833.65亿元，较上年末增加1267.23亿元，增幅 14.79%，距离万亿大关一步之遥，增长势头迅猛。 Wind数据显示，截至2025年一季度末，17家A股上市城商行中，总资产超过万亿元的有8家。其中，成 都银行是唯一资产规模超万亿元的西南地区城商行。 营收利润 两家均盈利，中间业务转 ...

Core Viewpoint - Shanghai Pudong Development Bank (SPDB) reported a revenue of 90.56 billion RMB for the first half of 2025, marking a year-on-year growth of 2.62% and a net profit attributable to shareholders of 29.74 billion RMB, which is a 10.19% increase compared to the previous year [1][2]. Financial Performance - The total revenue for the first half of 2025 was 90.56 billion RMB, up from 88.25 billion RMB in the same period last year, reflecting a growth of 2.62% [2]. - The total profit for the period was 33.14 billion RMB, an increase of 9.84% from 30.17 billion RMB year-on-year [2]. - The net profit attributable to shareholders was 29.74 billion RMB, up from 26.99 billion RMB, showing a growth of 10.19% [2]. - The net profit after excluding non-recurring gains and losses was 29.98 billion RMB, which is an 11.86% increase from 26.81 billion RMB [2]. - The net cash flow from operating activities was 21.26 billion RMB, a significant recovery from -38.26 billion RMB in the same period last year [2]. Asset Quality - The non-performing loan (NPL) balance at the end of the reporting period was 73.67 billion RMB, which increased by 5.18 billion RMB compared to the end of the previous year but decreased by 6.08 billion RMB from the end of the first quarter [2]. - The NPL ratio was 1.31%, down 0.05 percentage points from the end of the previous year and down 0.02 percentage points from the end of the first quarter [2]. - The NPL ratio for personal mortgage loans increased to 1.11% from 1.08% at the end of the previous year [3]. Loan Portfolio - The total loan balance was 563.49 billion RMB, with corporate loans at 351.02 billion RMB and a NPL ratio of 1.19% [4]. - Retail loans amounted to 191.38 billion RMB, with a NPL ratio of 1.65% [4]. - Personal mortgage loans had a balance of 92.13 billion RMB, with a NPL amount of 10.27 billion RMB [4]. Historical Performance - SPDB's revenue has been declining for four consecutive years from 2020 to 2024, with 2024 revenue at 170.75 billion RMB, down from 196.38 billion RMB in 2020 [5]. - In 2024, SPDB ranked fourth among national joint-stock commercial banks in terms of revenue, with a gap of 41.48 billion RMB compared to the third-ranked bank [5][7]. Management Changes - In 2024, the qualifications of the chairman and president of SPDB were approved by regulatory authorities, with Zhang Weizhong and Xie Wei officially taking office [8].

Core Insights - The core viewpoint of the article emphasizes the resilience and steady growth of Bank of Communications in the first half of 2025, showcasing its robust financial performance amidst a challenging economic environment [1][2][4]. Financial Performance - In the first half of 2025, the bank achieved an operating income of 133.368 billion yuan, a year-on-year increase of 0.77%, and a net profit attributable to shareholders of 46.016 billion yuan, up 1.61% [2][3]. - The total assets reached 15.44 trillion yuan, reflecting a growth of 3.59% compared to the end of the previous year [2][3]. - The non-performing loan ratio decreased to 1.28%, while the provision coverage ratio increased to 209.56%, indicating improved asset quality [3][4]. Shareholder Returns - The bank proposed a cash dividend of 13.811 billion yuan, representing 30% of its net profit, continuing its tradition of stable shareholder returns [3][4]. Strategic Focus - The bank is focusing on five key areas: technology finance, green finance, inclusive finance, pension finance, and digital finance, which are seen as critical for its transformation and growth [6][8]. - In technology finance, the bank's loan balance exceeded 1.5 trillion yuan, with a significant increase in loans to technology-oriented SMEs [6][8]. - Green finance initiatives included a loan balance for energy-saving and carbon-reduction industries growing by 6.58%, and the issuance of green financial bonds totaling 145 billion yuan [6][7]. Retail and Customer Engagement - The bank has expanded its retail customer base to 202 million, with a 1.30% increase from the previous year, and a notable rise in active mobile banking users [2][3]. - Inclusive finance efforts led to a loan balance of 852.401 billion yuan, reflecting a growth of 12.96%, with specific products aimed at small and micro enterprises [7][8]. Digital Transformation - The bank is advancing its digital transformation through the establishment of a digital operation center and the implementation of an AI framework to enhance service efficiency [9][10]. - The digital economy loan balance surpassed 286 billion yuan, with internet loans increasing by 8.52% [7][10]. Regional and Global Strategy - The bank is leveraging its Shanghai headquarters to enhance its role in the international financial center, with significant participation in local financial market projects [9][10]. - It has established partnerships with numerous major projects in Shanghai, enhancing its competitive position in the region [9][10].

2025年9月4日，银行板块A股市值重回11.31万亿元，反超电子板块，再度成为A股第一大板块。在板块 走势强劲的背后，银行业从业人员的薪酬状况同样引人关注。随着A股上市银行2025年半年报披露收 官，42家银行、约260万名员工的薪酬数据浮出水面。 Wind数据显示，上半年银行业人均月薪3.02万元，同比微增1300元。股份行与东部城商行以超4.5万元 的月薪稳居第一梯队，国有大行及偏远地区城商行则分列二、三梯队。 此前，市场常热议高管薪酬较高，银行员工高薪为"被平均"。第一财经记者注意到，薪酬数据背后暗藏 多重新变化。银行通过薪酬资源向基层倾斜、强化县域薪酬配置等方式优化分配结构，薪酬改革已 从"控高"走向"提低"与"风险约束"并重的深水区。管理层降薪成为新趋势。虽然半年报中披露高管薪酬 数据较少，但从去年年报来看，33家A股上市银行管理层薪酬总额同比下降，最高降幅达82.4%，且"反 向讨薪"机制持续落地。 银行薪酬形成梯队 由于半年报通常不披露员工数量数据，第一财经依据Choice终端数据，采用合并报表中"期工资总额=支 付给职工以及为职工支付的现金+期末应付职工薪酬-期初应付职工薪酬"的公式，计算各 ...

Core Viewpoint - The article highlights the increasing sophistication and concealment of telecom network fraud, particularly the rise of composite scams that combine emotional manipulation and investment temptations, posing significant challenges to public financial security and social stability [1][2] Group 1: Fraud Techniques - Telecom fraud methods are evolving, with a notable increase in long-process scams that leverage emotional and financial manipulation [2] - Victims often believe they are investing for a "shared future" or expecting high returns, leading to strong resistance against intervention from bank staff [2] Group 2: Bank's Response - The Bank of Communications Shandong Branch is actively enhancing internal risk prevention training and strengthening collaboration with law enforcement to protect citizens' finances [2] - A recent incident at the Weifang Technology Branch involved a young customer attempting to withdraw 150,000 yuan under suspicious circumstances, prompting bank staff to initiate a police cooperation mechanism [1] Group 3: Case Study - In the mentioned case, the customer was manipulated by fraudsters posing as military personnel through social media, leading to significant financial loss [1] - Despite police intervention, the customer initially denied being scammed, illustrating the psychological grip of such scams [1]

方正金融团队 事件：8/28，兴业银行披露2025年半年报，公司1H25实现营收1104.6亿元，同比-2.3%，降幅较1Q25收窄1.3pct；实现归母净利润431.4亿元，同比+0.2%，增速较1Q25 +2.4pct。1H2 其他非息收入改善，利润增速转正：1）净其他非息收入降幅收窄。公司1H25净其他非息收入236.3亿元，同比-7.0%，降幅较1Q25收窄14.5pct，驱动业绩增速改善，主要得益于二季度债市 对公端支撑信贷投放，零售端贷款结构调整：1H25末贷款余额59034亿元，同比+4.1%，增速较2024年末的5.0%略降。1）对公端增长平稳，聚焦重点行业。1H25对公贷款净增长2271亿元， 资产收益率压力较大，息差收窄持续：1H25净息差1.75%，同比-11bp，降幅同2024年一致。分资负两端看：1）资产收益率压力较大。受lpr利率调降、市场利率中枢下行、贷款需求偏弱等因 资产质量总体稳健，零售不良率优化：公司1H25末贷款不良率1.08%，环比1Q25末持平，较上年末+1bp。对公端部分行业不良率波动，制造业、房地产业不良率分别较年初+40bp、+36bp，但 投资建议：得益于其他 ...