[The combined rate of net profits is estimated at about 0.6 per cent in the first quarter of the marketed banks, as measured by Chinese and Chinese securities, and the net profit is 2.3 per cent below the growth rate of 2.3 per cent, respectively, in comparison with the same period last year, at a rate of 0.1,5.3 per cent. The Board’s previous data show that net profits from the banking sector increased by 1.3 per cent in the first quarter, down by 6.1 percentage points over the same period last year. ]

Five days ended, large financial panels continued to grow, two trading days saw a significant increase in the Bank Index by 3.81 per cent, and the beginning of the civil-made bank holidays continued to rise last Friday.

Prior to the festival, 42 listed banks had realized a total operating income of $150 million, with a net return of $572.96 million, as compared to the same period last year. Under the test of continued narrowing of interest rates, inter-bank differentiation of different types has increased, with growth rates of 1.8 per cent, 3.0 per cent, 3.8 per cent, 1.8 per cent, and 1.8 per cent, respectively, for larger and medium-sized banks, and 1.2 per cent, 1.5 per cent, 12.0 per cent and 11.4 per cent for net profits.

The Director of the Chinese Securities Institute, drew attention to the fact that the size remains the main driving force behind high bank growth, but that “increases in volume prices are falling”, the various stages of income, asset quality pressures affect profit release strategies. In the context of macroeconomic recovery, improved incomes of the population, the expectations of market-to-bank recovery and further improvements in asset quality have improved as loan pricing peaks, marginalizing the economic impact of the enabling entity. In terms of institutional warehouses, the Fund holds a lower market value for the bank unit than during the 2020 epidemic.

Scale + other non-interest income-distorting pressures

Data disclosed by the Board on 26 April show that commercial banks have accumulated net profits of $667.9 million over a quarter. According to financial reports and data from Wind, 42 marketed banks in the first quarter achieved a total operating income of $150 million, with a net return of $5729.6 million.

In particular, more than $10 billion is received from business banks, construction banks, agricultural banks, four Chinese banks, commercial banks, postal deposit banks, transport banks, plumbing banks and transit banks, as well as from Chinese-counselling banks. The size of the net profit of the mother is largely consistent with the former bank’s ranking, in which the solicitor’s bank ranked the net profit of $38.39 million before the garage bank, and the floating bank of $251.15 million for the mother’s net profit. In urban businesses, there are more than five enterprises of more than five sizes, with a net gain of more than 5 billion yuan.

According to the Middle East Securities Survey, the overall rate of marketed bank receipts increased by about 0.6 per cent on a quarterly basis, with net profits increasing by 2.3 per cent, down by 0.1,5.3 per cent, respectively, over the same period last year. The Board’s previous data show that net profits from the banking sector increased by 1.3 per cent in the first quarter, down by 6.1 percentage points over the same period last year.

According to photovoltaic securities statistics, 37 marketed banks have additional interest-bearing assets of $1.38 trillion, an increase of $3.4 trillion over the same period. The balance rose from 0.9 to 12.6 per cent at the beginning of the year, with an increase of $788 million, an increase of $1.7 trillion over the same period.

Although the rate of increase in interest-bearing assets has been the fastest since 2020, “increases in volume have decreased”. In the context of peak pricing for stock loans, the continuation of the real economy and the continuing impact of deposit regularization, the net dividends of marketed banks have been further reduced once a quarter. According to Middle Thai securities statistics, the net divide in the industry was 25b p., significantly larger than 13b p. in 2022, while the rate of return on interest-bearing assets declined by 11b p. (a decrease of 8b p in 2022); according to the optical securities statistics, the net interest income of 37 sample banks increased by -1.8 per cent in one quarter, a decrease of 4.8 percentage points over 2022.

The impact of the year’s capital market volatility is continuing, with a 4.8 per cent decline in marketable bank charges and net domestic revenues, and an increase of 45 per cent in other non-interest net income over the same period, an increase of nearly 55 per cent over 2022, creating a diametrical impact on the divide. The King, the chief analysts of the securities banking industry, indicated that strong growth in non-interest income was largely accentuated by gains and losses in fair value changes, investment earnings, etc. It was also noted that during the first quarter of last year, the large wing was further magnified by a larger negative (-42.6 per cent) of other net non-interest income as a result of the fall in the market value of the debt-return unit.

Streamlining the city’s farmers continues to be the largest “winner”

It is worth noting that, with the increase in profit pressures, the fragmentation among different types of banks has increased further, the growth potential of small and medium-sized banks has been further highlighted, and the overall performance of shares is poor.

With regard to camp receipts, press statistics show that a quarter of 18 marketed bankers increased by more than 5 per cent, with the exception of Chinese banks, transport banks being exclusively small and medium-sized banks; seven of them recorded double-digit growth, five in urban business and one in agribusiness. The Bank of West Africa and the Bank of Blue Island, among them, are headed by an increase of 16.99 per cent and 15.54 per cent, respectively, compared with 13 listed banks, with 7 out of 9 equity firms, with positive growth rates for only private and commercial banks.

With regard to net profits, 18 listed banks have increased their net profits by more than 10 per cent, all of them being small and medium-sized banks, with a higher rate of growth of more than 15 per cent in urban and agricultural enterprises. Of these, the Hangzhou Bank, the Jiang Su Bank, the non-casino Bank, the Suco Bank, and the Société du Président du monde, respectively, ranked at 28.11 per cent, 24.83 per cent, 23.18 per cent, 20.84 per cent and 20.6 per cent. At the same time, nine banks recorded a net increase of less than 2 per cent in net domestic profits, of which two were negative, respectively, for example, the Chase Bank, the Pubic Bank, which last year saw a net increase in profits.

Overall, a quarter of the total number of major, stock-takings, city firms and farmers were 1.8 per cent, 3.0 per cent, 3.8 per cent and 1.8 per cent respectively; the net profit lines were 1.2 per cent, 1.5 per cent, 12.0 per cent and 11.4 per cent, respectively.