As banks gradually disclosed their first-half performance results, the performance of Shandong city commercial banks has emerged. Except for Zaozhuang Bank and Dezhou Bank, the remaining twelve Shandong city commercial banks have all released their first-half performance reports. Overall, the twelve Shandong city commercial banks that have disclosed data showed steady growth in total assets with performance maintaining stable and positive momentum.
Statistical analysis reveals that in the first half, the twelve Shandong city commercial banks that disclosed performance results each demonstrated impressive data performance. Qilu Bank Co.,Ltd. and Qingdao Bank continued their "rapid advancement," with total assets both exceeding 700 billion yuan, while multiple banks showed double-digit growth in revenue and net profit.
"Dual Leaders" Taking the Lead, Assets Surpassing 700 Billion
As of the end of June this year, Qingdao Bank's total assets reached 743.028 billion yuan, while Qilu Bank Co.,Ltd.'s total assets reached 751.305 billion yuan, both breaking through the 700 billion yuan threshold and firmly occupying the first tier among Shandong city commercial banks. The two banks' revenues grew by 7.49% and 5.77% respectively, with net profit growth rates both exceeding 16%.
Notably, compared to last year, Qilu Bank Co.,Ltd. surpassed Qingdao Bank in terms of asset scale, though the gap is not significant. In the previous two years, Qilu Bank Co.,Ltd. had ranked behind Qingdao Bank by small margins. Now that it has overtaken in asset scale, whether the gap between the two will widen remains to be observed.
The asset scale rankings of the remaining 10 city commercial banks remained unchanged compared to year-end last year. Compared to the fierce competition among "middle-tier" banks last year, in the first half of this year, all city commercial banks that disclosed data performed well.
In terms of asset scale, following Qilu Bank Co.,Ltd. and Qingdao Bank is Weihai Bank with total assets approaching 500 billion yuan. As of the end of June, Weihai Bank's total assets were 483.843 billion yuan, up 9.6% from the end of 2024. Rizhao Bank and Weifang Bank had total assets of 395.523 billion yuan and 327.239 billion yuan respectively, with Rizhao Bank's total asset scale approaching the 400 billion yuan threshold.
Among the twelve city commercial banks, nine have asset scales exceeding 200 billion yuan. Linshang Bank's total assets approach 200 billion yuan, while Yantai Bank's total assets were 163.367 billion yuan. After completing capital increase, Yantai Bank demonstrated strong performance in both revenue and profit aspects.
Stable and Positive Performance, Half Showing Growth Exceeding 10%
In the first half, Weihai Bank, Weifang Bank, Jining Bank, Yantai Bank, and Tai'an Bank all achieved operating revenue growth rates exceeding 10% year-on-year. Among them, Jining Bank performed outstandingly with revenue growing 15.89% year-on-year and net profit increasing 16.44% year-on-year.
In terms of revenue growth rate, Yantai Bank also performed remarkably in the first half, with revenue growing 17.35% year-on-year to 1.664 billion yuan, representing the largest year-on-year increase. Jining Bank's revenue growth rate was second only to Yantai Bank. Weifang Bank and Tai'an Bank had comparable revenue growth rates, slightly above 13%. Weihai Bank also achieved revenue growth exceeding 10%, with an increase of 11.00%.
Regarding revenue scale, six banks achieved operating revenues exceeding 3 billion yuan. In descending order, they were: Qingdao Bank at 7.662 billion yuan, Qilu Bank Co.,Ltd. at 6.782 billion yuan, Weihai Bank at 5.056 billion yuan, Rizhao Bank at 4.057 billion yuan, Weifang Bank at 3.84 billion yuan, and Jining Bank at 3.15 billion yuan.
In terms of net profit, in the first half, Qingdao Bank, Qilu Bank Co.,Ltd., and Weihai Bank achieved net profits of 3.152 billion yuan, 2.727 billion yuan, and 1.257 billion yuan respectively. Qingdao Bank was the only Shandong city commercial bank in the first half with net profit exceeding 3 billion yuan.
Regarding net profit growth rates, Linshang Bank, Jining Bank, Qingdao Bank, Qilu Bank Co.,Ltd., Qishang Bank, and Tai'an Bank all achieved double-digit net profit growth during the same period. Linshang Bank had the highest growth rate, with net profit increasing 19.03% year-on-year.
Growth in Both Deposits and Loans, Abundant Business Momentum
In the first half of this year, the twelve Shandong city commercial banks that disclosed financial reports all showed impressive growth rates in deposit and loan scales, with most banks achieving double-digit growth. In terms of loan scale, in the first half, Qingdao Bank and Qilu Bank Co.,Ltd. had outstanding loans and advances of 359.216 billion yuan and 358.583 billion yuan respectively, with year-on-year growth rates both exceeding 13%.
During the same period, Weihai Bank and Rizhao Bank also exceeded 200 billion yuan in loan scale. In the first half, the two banks had outstanding loans and advances of 226.16 billion yuan and 221.037 billion yuan respectively, representing year-on-year growth of 11.61% and 10.29% respectively. Following closely were Weifang Bank and Qishang Bank, with Weifang Bank's outstanding loans and advances at 187.421 billion yuan and Qishang Bank's at 154.629 billion yuan.
Weifang Bank showed the fastest year-on-year growth in loan scale, increasing 16.20% in the first half. Dongying Bank's outstanding loans and advances reached 142.219 billion yuan, with a year-on-year growth rate of 14.30%. Jining Bank's growth rate was comparable to Dongying Bank's, at 14.02% and 14.30% respectively.
Regarding deposits, as of the end of June, Qilu Bank Co.,Ltd., Qingdao Bank, Weihai Bank, and Rizhao Bank had absorbed deposits of 486.472 billion yuan, 476.315 billion yuan, 339.392 billion yuan, and 306.705 billion yuan respectively.
Overall, in the first half, the twelve Shandong city commercial banks that disclosed performance results continued to strengthen their scale and maintained steady performance growth, with deposit and loan scales generally achieving dual growth. Industry insiders point out that Shandong city commercial banks are leveraging regional economic vitality and advantages in serving small and micro enterprises, demonstrating strong development resilience.
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