Bank of Chengdu has decreased for three years in the first three quarters of revenue, and the net profit attributable to the mother in the first three quarters has decreased for two years.The qualification of the new president of the bank has been approved in the near future. How to lead Chengdu Bank to move forward steadily will be the test of this new president.
Terminal Finance, Investment Time Network Researcher Tian Wenhui
Chengdu Bank Co., Ltd.The qualifications have been regulated and approved recently.For the new president of the Rural Commercial Bank, how to lead Chengdu to continue moving forward is a new challenge.
According to the third quarterly report of the Bank of Chengdu, the banks operating income and net profit attributable to the mother in the first three quarters of this year increased year -on -year, but the growth rate continued to decline.Among them, the year -on -year growth rate of revenue in the first three quarters has decreased for three consecutive years, and the net profit returning to the mother in the first three quarters has decreased for two years.
The growth rate of performance continues to decline, mainly due to the continuous decline of the net revenue of the main revenue source.Among them, the banks net interest income in the first three quarters of this year increased by only 1.78%year -on -year.In the first half of this year, the net interest margin of the line was 1.66%, a year -on -year decrease of 0.26 percentage points.
Chengdu Bank said at the banks third quarter performance briefing (hereinafter referred to as the performance briefing) held by the bank that dueThere will be certain mismatch on the release cycle of the deposit and loan interest rate, and the interest difference between the entire industry in the fourth quarter will still face narrowing pressure.
In terms of capital sufficient, at the end of the third quarter of this year, Chengdu Banks capital adequacy ratio, first -level capital adequacy ratio, and core first -level capital adequacy ratio were 13.40%, 9.11%, and 8.40%.Increases from the end of the previous year.Since the beginning of this year, the bank has issued 14.9 billion yuan in secondary capital bonds, and the previously issued convertible bonds issued recently have also accelerated.
New President Qualification Approval
The new president was hired for about half a year later, and Chengdu Bank finally announced the announcement.He is approved by his qualifications.
On October 24th, Bank of Chengdu announced that the bank received the "Approval of the Sichuan Financial Supervision Bureau on the Qualification of Xu Dengyi Chengdu Banks Directors", "Sichuan Financial Regulatory Bureau on Xu Dengyi Chengdu Bank"The Approval of Long -term Qualifications", the Sichuan Regulatory Bureau of the State Administration of Finance and Administration has approved the qualifications of the directors and presidents of Xu Dengyi Company.The vice chairman of Xu Dengyi Company is qualified for supervision and approval.
On May 14 this year, the Bank of Chengdu announced that the banks board meeting on May 13 agreed to appoint Xu Dengyi as the president.Work.Before the qualifications of the State Councils banking supervision and management agency approved, Xu Dengyi was the duty of the president.At that time, Xu Dengyi was the deputy secretary of the Party Committee of the Chengdu Bank.
Xu Dengyi was previously the deputy secretary, deputy chairman, and president of the Chengdu Rural Commercial Bank of China.He was born in September 1968. He has worked at the Construction Bank for a long time and served as the general manager of the Finance and Accounting Department of the Sichuan Branch of the Construction Bank, general manager of institutional business department, senior deputy manager (secondary of professional technology) and deputy secretary of the disciplinary committee and disciplinary committee of the branch.Office director.
Wang Tao, the former president of the Bank of Chengdu, resigned in November last year.
On November 29, 2023, Bank of Chengdu announced that Wang Tao resigned as the banks vice chairman, director, president and other board of directors due to the change of work.Wang Tao will no longer hold any position in the bank after his resignation.
The board of directors of the bank believes that during the time of Wang Tao, he supported major regional strategies, serving the real economy development, improving risk management and control capabilities, implementing the banks "refined, digital, large retail" strategyThe transformation and other aspects have done effective work.
Xu Dengyi said at the above performance briefing that the next step, the Bank of Chengdu will closely focus on the three tasks of "serving the real economy, preventing and controlling financial risks, and deepening financial reform".In various tasks, follow the strong pulse of regional development, continue to maintain strategic determination, continuously enhance development capabilities, and strive to create a new situation of high -quality development.
The Bank of Chengdu this years half -annual report shows that the banks three major business of government finance, physical business, and retail liabilities "protects the city", which deeply focusesThe contribution ability improvement, characteristic wealth management business consulting service brand construction, "transitional consumption" characteristic brand upgrade, financial market business income contribution to the "five major energy lifting directions", the implementation of the strategic planning is implemented, continuously build a broad development spaceNew potential energy.
Compared with the Chengdu Rural Commercial Bank that Xu Dengyi had previously worked, the two banks have similar strategies and differences.
According to Chengdu Rural Commercial Bank 2023, the banks strategic vision is "listed banks, trillion banks, benchmarking banks".The main responsibility of agriculture, rural areas and the real economy has promoted the business development layout of "one -and -two wings and dual engines" to accelerate the formation.
How to lead the Bank of Chengdu to complete the established strategic planning and move towards the new development goal is the test facing the new president.
The performance growth rate in the first three quarters
Bank of Chengdu has achieved positive growth in the first three quarters of this year, butThe growth rate of revenue is slow, and the growth rate has been reduced for three years.The main reason is that the growth rate of interest on interest at the bank continued to slow.
Bank of Chengdus third quarterly report shows that in the first three quarters of this year, the banks operating income was 17.241 billion yuan, an increase of 3.23%year -on -year;Essence
In fact, the revenue growth rate and net profit growth rate of home banks in the first three quarters of the Bank of Chengdu have continued to slow down.
Specifically, in the first three quarters of each year from 2021 to 2023, the operating income of the bank was 26.01%, 16.07%, and 9.55%, respectively.The year -on -year growth rate was 22.15%, 31.60%, and 20.81%, respectively.Among them, the year -on -year growth rate of interest income was 22.38%, 16.61%, and 9.62%.
In the first three quarters of this year, the net interest income was 13.604 billion yuan, a year -on -year increase of 1.78%.According to the semi -annual report of the bank, in the first half of this year, the net interest difference between the bank was 1.66%, a decrease of 0.15 percentage points from the previous year, and a year -on -year decrease of 0.26 percentage points.From 2021 to 2023, the net interest margin of the bank was 2.13%, 2.04%, and 1.81%, respectively, and continued to decline.
Bank of Chengdu said at the performance briefing that recently, the stock mortgage interest rate and loan LPR interest rate have further reduced.Generally speaking, the amplitude interval of the decline in the interest rate of the deposit loan is similar, and a certain hedge effect is expected to form a certain amount of hedging.However, due to the asymmetricity of the remake period, there will be certain mismatch on the release cycle of this round of loan interest rates, and the impact of loan re -pricing will be reflected in a shorter cycle. ThereforeNarrow pressure.The banks interest difference in the fourth quarter was the same as the industry.In the later period, the impact of interest rate cuts on the bank was limited and overall. Some of them were due to the positive contribution of the preliminary deposit interest rate.
At the end of the third quarter of this year, the deposit of Bank of Chengdus current company was 197.371 billion yuan, a 7.13%fell from the end of the previous year.Regarding the decline of this item, Bank of Chengdus counterpart Finance and Investment Time Network said that there is a strong correlation with the cash flow of the companys deposits and the cash flow of enterprise business activities, and it has the characteristics of time fluctuations.The bank will continue to strengthen customer expansion, enhance business stickiness, strengthen comprehensive contribution, and promote the steady development of deposit business in accordance with strategic planning.
In terms of capital adequate, at the end of the third quarter of this year, Chengdu Banks capital adequacy ratio, first -level capital adequacy ratio, and core first -level capital adequacy ratio were 13.40%, 9.11%, 8.40%, Increased by 0.51 percentage points, 0.13 percentage points, 0.18 percentage points from the end of the previous year.The State Administration of Finance and Administration has not announced the data of the capital adequacy ratio at the end of the third quarter of the third quarter. From the data from the first half of the year, Bank of Chengdus capital adequacy ratio, first -level capital adequacy ratio, and core first -level capital adequacy ratio were 13.21% at the end of the first half of this year., 8.90%, 8.17%, lower than the corresponding capital adequacy ratio level of commercial banks at the same period of 15.53%, 12.38%, and 10.74%.
Bank of Chengdu introduced to the punctuation financial and investment time network researcher that the bank continued to strengthen capital management and strengthened the accumulation of endogenous capital to form a strong support for asset expansion.Source capital replenishment enhances capital strength. In 2024, it issued 14.9 billion yuan in secondary capital bonds.
Previously, Bank of Chengdu also issued a convertible bond supplementary capital.The bank publicly issued 8 billion yuan convertible bonds on March 3, 2022, with a term of 6 years.It is reported that as of October 31, the banks convertible bonds cumulative reinforcement ratio was 52.28%, and the cumulative transfer amount reached 4.182 billion yuan.
The banks convertible bonds have accelerated recently.
Bank of Chengdu announced on October 9 the results of convertible bonds and changes in shares.The start -up date of the converter of Chengyin Convertible is from September 9, 2022 to March 2, 2028.As of September 30 this year, a cumulative 2.804 billion yuan has been converted to ordinary shares in Chengdu, accounting for 35.05%of the total issuance of silver convertible bonds.The total number of shares formed by the conversion of stocks was 2017,100, accounting for 5.58%of the banks total shares issued before the Silver Convertible Bonds.The amount of silver convertible bonds that have not yet been converted was 5.196 billion yuan, accounting for 64.95%of the total issuance of silver convertible bonds.
The current conversion price of Chengyin Convertible Bonds is 12.23 yuan/share.On November 8, the stock price of Chengdu Bank closed at 15.78 yuan, which was higher than the conversion price.
Chengdu Bank 2024 Three quarters of financial data
Data Source: Bank Financial Report
- Viewpoint->
