Decreasing net interest margin for five consecutive times, listed banks broke the "addition and subtraction" deadlock.

Recently, Ernst & Young released a report analyzing in depth 58 listed banks. These 58 banks account for 83% of the total assets and 96% of the net profits of the national commercial banks, making their operational dynamics and development strategies an important indicator for understanding the Chinese banking industry. The report shows that the average net interest margin of listed banks has been declining for five consecutive years, dropping to 1.52% in 2024, with a continuously shrinking profit margin. In 2024, the net interest income of the 58 listed banks decreased by 2.2% year-on-year for two consecutive years. Among them, the net interest income of large banks, national joint-stock commercial banks, and rural commercial banks decreased by 1.58%, 5%, and 6.16% respectively, with only city commercial banks achieving a growth of 1.5%. In the first quarter of 2025, the net interest income of 42 A-share listed banks continued to decline, down 1.65% compared to the same period in 2024.