Original title: The first half-year performance report of the rural commercial bank is released, and the net profit attributable to the parent of Sunong Bank is expected to increase by more than 20%
Economic Observer Network reporter Wan Min On the evening of July 5, Jiangsu Suzhou Rural Commercial Bank Co., Ltd. (603323.SH, hereinafter referred to as “Sunong Bank”) released the 2022 semi-annual performance report, which is the first A-share rural commercial bank to disclose the 2022 semi-annual performance report. .
The performance report shows that in the first half of 2022, Sunong Bank achieved operating income of 2.088 billion yuan, a year-on-year increase of 6.53%; net profit attributable to shareholders of the parent company was 847 million yuan, a year-on-year increase of 21.87%.
As of the end of June 2022, the total assets of Sunong Bank were 170.474 billion yuan, an increase of 7.40% from the beginning of the year; the total loans were 104.446 billion yuan, an increase of 9.64% from the beginning of the year, of which the Suzhou area (excluding Wujiang District) loans were 19.004 billion yuan, an increase from the beginning of the year. 20.13%; total deposits were 130.196 billion yuan, an increase of 6.16% over the beginning of the year.
In terms of asset quality, as of the end of June 2022, the non-performing loan ratio of Sunong Bank was 0.95%, a decrease of 0.05 percentage points from the beginning of the year; the provision coverage ratio was 430.10%, an increase of 17.88 percentage points from the beginning of the year. As of the end of June 2022, the bank’s total loans to total assets ratio was 61.27%, an increase of 1.25 percentage points from the beginning of the year; the ratio of loans in Suzhou (excluding Wujiang District) to loans was 18.20%, an increase of 1.59 percentage points from the beginning of the year.
At the same time, Sunong Bank reminded in the announcement that the main financial data for the semi-annual 2022 is preliminary accounting data, and the main indicators such as net profit attributable to shareholders of listed companies may be different from the data disclosed in the bank’s 2022 semi-annual report. These differences are not expected to exceed 10%.
On July 1, Sunong Bank announced that from April 1, 2022 to June 30, 2022, the bank received a total of 23 investor surveys through exchanges such as on-site and teleconferences. When answering questions from investors, Sunong Bank said, “Since May, the epidemic situation in Suzhou has been effectively controlled, enterprises have fully resumed work and production, and overall financing needs have gradually recovered. advance.”
In the first half of this year, Sunong Bank also plans to increase the capital of one of its village banks. On the evening of June 13, Sunong Bank disclosed an announcement that the bank plans to acquire part of its 2021 audited net assets per share of Jiangsu Jingjiang Runfeng Rural Bank Co., Ltd. (hereinafter referred to as “Jingjiang Runfeng Rural Bank”). Shareholders’ shares. If the follow-up transaction is successful, Sunong Bank expects that the share will reach more than 90%. According to the announcement, in the first quarter of 2022, Jingjiang Runfeng Rural Bank had a revenue of 9.06 million yuan and a net profit of 5.38 million yuan. In 2021, Jingjiang Runfeng Rural Bank will achieve a revenue of 40.07 million yuan and a net profit of 650,000 yuan.
In addition to controlling Jingjiang Runfeng Rural Bank, as of the end of 2021, Solaris Bank also controls Hubei Jiayu Wujiang Rural Bank Co., Ltd., as well as Jiangsu Sheyang Rural Commercial Bank Co., Ltd., Jiangsu Rugao Rural Commercial Bank Co., Ltd., Jiangsu Qidong Rural Commercial Bank Co., Ltd. and Jiangsu Dongtai Rural Commercial Bank Co., Ltd. are the largest shareholders of the four rural merchants.
The 2021 annual report shows that Sunong Bank’s operating income outside Suzhou is 625 million yuan, accounting for 16.31% of its total revenue. The book balance of loans issued outside Suzhou accounted for 15.02%. Customer deposits accounted for 13.72%.
On July 5, Sunong Bank’s share price closed at 5.10 yuan, up 0.39% from the previous day.Return to Sohu, see more
Disclaimer: The opinions of this article only represent the author himself, Sohu is an information publishing platform, and Sohu only provides information storage space services.