Lates News

Recently, Ernst & Young released a report conducting a detailed analysis of 58 listed banks. These 58 banks account for 83% and 96% of the total assets and net profits of commercial banks nationwide, respectively. Their operational dynamics and development strategies have become important indicators for understanding the direction of the Chinese banking industry. The report shows that the average net interest margin of listed banks has been continuously declining for five years, dropping to 1.52% in 2024, leading to a continuous compression of profit margins. In 2024, the net interest income of the 58 listed banks decreased by 2.2% year-on-year for two consecutive years. Among them, large banks, national joint-stock commercial banks, and rural commercial banks saw a decrease of 1.58%, 5%, and 6.16% in net interest income, respectively, while only city commercial banks achieved a growth of 1.5%. In the first quarter of 2025, the net interest income of 42 A-share listed banks continued to decline, with a decrease of 1.65% compared to the same period in 2024 (21st Century Business Herald).