Up to now, six A-share listed banks, including Hangzhou Bank, Shanghai Bank, China Merchants Bank, Bank of Ningbo Bank, Wujiang Bank and Nanjing Bank, have successively published their first-half performance reports. The data shows that the main operating indicators of the above banks are improving, and the profit growth rate exceeds expectations; At the same time, the asset quality of the six banks has also improved compared with the end of 217, the non-performing loan ratio has further declined, and the provision coverage ratio has improved.

A number of brokerage analysts believe that in the first half of the year, listed banks as a whole are expected to continue the trend of rising net interest margin, improving the growth rate of net profit and continuously improving asset quality.

The latest performance report shows that six A-share banks, including Hangzhou Bank and China Merchants Bank, achieved a double-digit growth rate in net profit attributable to shareholders of the parent company in the first half of the year. In terms of operating income, China Merchants Bank, as the only stock company that disclosed the performance report, achieved operating income of 125.831 billion yuan in the first half of the year, up 11.47% year-on-year; In addition, in the first half of the year, the growth rate of operating income of Shanghai Bank and Hangzhou Bank both exceeded 2%, and the operating income of Shanghai Bank reached 19.75 billion yuan, a year-on-year increase of 28.28%. The operating income of Hangzhou Bank was 8.323 billion yuan, a year-on-year increase of 26.39%.

in terms of the growth rate of net profit, the growth rate of all six banks exceeded double digits. Among them, Shanghai Bank achieved a net profit attributable to shareholders of the parent company of 9.372 billion yuan in the first half of the year, a year-on-year increase of 2.22%; Bank of Ningbo and Hangzhou Bank followed closely, with net profit growth rates of 19.64% and 19.12% respectively.

In addition, except for Wujiang Bank, which did not disclose the loan data, the loan scale of the other five banks increased in the first half of the year compared with the first quarter. Sun Lijin, an analyst at Pacific Securities, said that the overall net profit growth rate of the banking industry is expected to remain above 5.5%. Although deleveraging has a certain impact, the loan data is picking up and the spread is expected to stabilize.

Fu Huifang, an analyst at Industrial Securities, predicts that the banking industry's profitability will continue to improve, and the overall growth rate of net profit attributable to the mother will continue to increase compared with the first quarter. Among them, the net interest margin is higher driven by the increase in asset-side pricing, and the scale growth rate will improve marginally with the credit supply and the weakening of the previous cardinal utility, and the ratio of non-interest to cost-income will remain stable.