Bank of Jiangsu: In the first half of 2022, the net profit attributable to mothers was 13.380 billion yuan, an increase of 31.20% year -on -year

On July 15, 2022, Bank of Jiangsu (600919.SH) disclosed the announcement of the semi -annual performance Express in 2022.

The announcement shows that in the first half of 2022, Bank of Jiangsu achieved operating income of 35.107 billion yuan, an increase of 14.22%year -on -year; net profit attributable to mothers was 13.38 billion yuan, an increase of 31.20%year -on -year. The weighted ROE (after the annualization) was 16.09%, an increase of 2.89 percentage points year -on -year.

(Bank of Jiangsu)

As of the end of the first half of 2022, Jiangsu Bank's total assets were 2.87 trillion yuan, an increase of 9.61%over the end of the previous year; the balance of various deposits was 1.63 trillion yuan, an increase of 12.31%from the end of the previous year; The end of the year increased by 9.59%.

(Bank of Jiangsu)

At the same time, as of the end of June 2022, the non -performing loan ratio of Bank of Jiangsu was 0.98%, a decrease of 0.1 percentage points from the end of the previous year; the coverage rate of 340.65%was 32.93 percentage points from the end of the previous year.

Bank of Jiangsu said that since 2022, the company has thoroughly implemented the new development concept to lead the strategic leadership with the construction of "intelligent, specialized, internationalized, and comprehensive" services, adheres to customers as the center, and deepen a new round of transformation and upgrading. Accelerate the dual breakthrough of "light capital operation+counting intelligence construction", focusing on creating three power sources: "big wealth, trading banks, direct financing, and indirect financing mutual promotion". It shows a good situation of steady and progressive, stable and excellent.

According to the analysis of Ping An Securities Research Report, Bank of Jiangsu ranked first in the domestic urban commercial bank, which laid a good foundation for the rapid development of the company's business. In the past two years, with the steady advancement of the new & nbsp; 5 & nbsp; annual strategic planning, the Bank of Jiangsu, on the one hand, has solidly cultivated the local area, and has actively promoted retail transformation. The profitability and profit quality have been comprehensively improved. It is optimistic about the continuous release of the banking dividends and transformation dividends of Jiangsu, and maintain a "recommendation" rating.

The opening of the market today, the Bank of Jiangsu rose, and the stock price rose over 7%at one time. As of the time, the Bank of Jiangsu reported to 7.12 yuan/share, ranking first of the increase.

(Choice)

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