11 banks have a half -year transcript: the growth rate of net profit is more than two -digit smart money QFII increased "silver content"

The semi -annual disclosure has entered a climax stage. As of August 22, 11 banks have disclosed the "transcript" for half a year. On the whole, the results were excellent. The net profit of the 11 banks exceeded 2 digits, of which the Hangzhou Bank was the highest, reaching 31.67%. The bank's performance in the first half of the year is remarkable, but the institution has different attitudes towards the bank's semi -annual report. Among them, the fund has reduced holdings of the bank sector as a whole, but some cities have increased their holdings against the trend. "Smart Money" QFII bought bank stocks vigorously. At present, Bank of Nanjing is the largest holding stock of QFII Fund.

The net profit of the four banks in the first half of the year exceeded 10 billion

The Bank of Hangzhou disclosed the semi -annual report on the evening of August 19. The company achieved operating income of 17.302 billion yuan in the first half of the year, an increase of 16.31%year -on -year; net profit was 6.593 billion yuan, an increase of 31.67%year -on -year; the basic earnings per share were 1.06 yuan.

Since the beginning of this year, Hangzhou Bank's risk management and control capabilities have been further enhanced, and the quality of assets has continued to optimize. As of the end of June, the total non -performing loan of the bank was 5.253 billion yuan, an increase of 212 million yuan from the end of the previous year; the non -performing loan rate was 0.79%, a decrease of 0.07 percentage points from the end of the previous year; The proportion was controlled at 83.88%and 62.29%, respectively; the preparation coverage rate was 581.60%, an increase of 13.89 percentage points from the end of the previous year.

Many institutions also give "likes" for the excellent performance of Hangzhou Bank. Dongxing Securities believes that Hangzhou Bank has a strong demand for credit in operation and is expected to maintain rapid growth in scale; the asset -liability structure has room for optimization, and the net interest rate difference is expected to maintain the overall stable; with the development of wealth management business, the collection has strong growth potential; the asset quality continues Good and all -in -one provisional costs are expected to decline in future credit costs. The net profit growth rate of 2022-2024 is 30.0%, 28.2%, and 25.9%, respectively. Considering the high growth of the company's regional advantages, institutional mechanism advantages, and strategic transformation, maintaining a "strong recommendation" rating.

From the perspective of absolute profits, four banks have more than 10 billion yuan in net profit in the first half of the year, namely China Merchants Bank, Postal Savings Bank, Ping An Bank and Nanjing Bank. Among them, China Merchants Bank has obvious advantages. China Merchants Bank semi -annual report said that in the first half of 2022, China Merchants Bank achieved revenue of 179.091 billion yuan, an increase of 6.13%year -on -year; net profit attributable to shareholders of the bank was 69.42 billion yuan, an increase of 13.52%year -on -year. As of the end of the reporting period, China Merchants Bank's total assets were 9.72 trillion yuan, an increase of 5.15%over the end of the previous year; the total amount of loans and mats was 5.93 trillion yuan, an increase of 6.49%over the end of the previous year; the total liabilities was 8.83 trillion yuan, an increase of 5.32 from the end of the previous year. %; Total customer deposits 7.04 trillion yuan, an increase of 10.87%over the end of the previous year.

As of the end of the report, the bank's non -performing loan balance was 56.386 billion yuan, an increase of 5.524 billion yuan from the end of the previous year; the non -performing loan ratio was 0.95%, an increase of 0.04 percentage points from the end of the previous year; ; Loan provision rate is 4.32%, a decrease of 0.10 percentage points from the end of the previous year.

The net profit growth rate of 11 banks exceeded two digits, between 13.52%and 31.67%. Among them, there were 7 banks with a growth rate of more than 20%. The cumulative net profit attributable to mothers in the first half of the year was 166.77 billion yuan.

CICC said that the net profit of commercial banks in the first half of the year is generally stable but a slight decline in the month of the month, mainly due to the weaker credit demand under the impact of the epidemic, which affects the net interest margin; influences. Judging from the performance of the listed bank's interim report, the multi -parent triangle leader's profit growth rate was more than 20%in the first half of the year, and the net profit of banks such as Hangzhou, Jiangsu, Wuxi, Suzhou, Jiangyin and other banks rose from the first quarter. It is expected that the listed banks can still maintain a net profit of about 8%-9%year-on-year growth rates throughout the year, mainly due to the rapid growth of assets and the decline in the preparation coverage rate.

City and commercial bank obtained fund increase holdings

Although the performance of the bank in the first half of the year is remarkable, the agency's shareholding ratio of banks has differentiated. The just -disclosed public funds in the second quarter showed that the market value of A -share banks held a market value of 65.3 billion yuan, accounting for 2.7%, and a decrease of 1.35 percentage points from the previous month. In the second quarter, the fund's attitude towards bank stocks was relatively differentiated and reduced its holdings and shares.

At the end of the second quarter, the top five bank stocks were China Merchants Bank, Bank of Ningbo, Industrial Bank, Ping An Bank and Hangzhou Bank. 721 funds hold a total of 1.05 billion shares, and the holding amount is 44.13 billion yuan.

Compared with the long -term funds of the domestic capital, QFII, known as the "smart money", focused on the finance in the second quarter. Yu Hong and Beixin Building Materials.

On the evening of May 18 this year, Bank of Nanjing announced that the Bank of Paris, France on May 17, 2022, increased its holdings of 183 million shares of Nanjing Bank shares by convertible bonds, an increase of 1.42%; From August 2021 to September 6, 2021, it accumulated 94.45 million shares of Nanjing Bank's shares through its own funds through its own funds through its own funds through the Shanghai Stock Exchange trading system, with an increase of 0.91%. In addition to Bank of Nanjing, QFII also increased its holdings of Shanghai Farmers and Commercial Bank. Among them, the leading group increased its holdings of 1.278 million shares in the second quarter, holding a total of 3.874 million shares. The seventh and tenth largest shareholders of Shanghai Farmers and Commercial Bank.

Chen Yulu, an analyst at Northeast Securities, said that the semi -annual report of the listed bank will be announced one after another, and it is optimistic about the catalysis of the session of the semi -annual report. Combined with the recent confirmation of the main line of work in the second half of the year, the overall tone of the second half of the year will not turn or advance. The fiscal policy still focuses on promoting the needs of infrastructure to make up for demand, and monetary policy has continued to be reasonable and abundant. 2. The economic growth of the advantageous location put forward further requirements; in terms of resolving risks, it is required to compact local responsibilities. The subsequent "insured transit" will continue to advance, and the impact of mortgage loans will be resolved. The environment of "steady growth policy+post -repair repair will promote the long -term main line of the bank sector to the long -term main line of" preparation release → high performance → valuation repair ". Continue benefit, optimize the valuation repair of the bank sector.

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