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The operating cost of demand deposits is higher.
Producer: Global Finance

Recently, China Everbright Bank released its 202 1 performance report, with both revenue and net profit increasing. In 20021year, the operating income was1527.53 million yuan, an increase of 7.14% over the previous year; The net profit attributable to shareholders of the Bank was 43.407 billion yuan, a year-on-year increase of 65.438+04.73%.

At the same time, non-performing loans declined, and the amount of non-performing loans reached 41366 million yuan, down 0.72% from the end of last year; The NPL ratio was 65,438+0.25%, which was 0.65,438+0.3 percentage points lower than the end of last year. The provision coverage ratio was 65,438+087.02%, an increase of 4.365,438+0 percentage points over the end of last year.

However, since the first half of the year, its net profit growth rate has gradually decreased.

The data changes of each financial quarter of China Everbright Bank in 20021show its profit characteristics.

In the first quarter, the bank's operating income increased by 3.7%, and its net profit increased by 6.3%. In the first half, it increased by 6.83% and 22. 18% respectively, and in the first three quarters it increased by 9.25% and 18.48% respectively.

Combined with the performance report data, it can be seen that the profitability of the bank is slightly weak in the first and fourth quarters, and slightly stronger in the second and third quarters. Or the first quarter is mainly the Spring Festival, so the willingness to expand business in the first quarter is weak, and the fourth quarter is the annual report season. In order to ensure performance, the business will be relatively conservative.

The performance report did not disclose more information, but according to the previous financial report, although the bank's performance maintained growth, the spread and net interest rate were both declining. In the first half of the year, its net interest margin and net interest rate decreased by 0.09 percentage points year on year. At present, the bank's profit means mainly rely on interest margin, and the net interest income accounts for more than 70% of its operating income. It shows that the pressure of business transformation still exists.

In addition, in the past two years, new funds have been intensive, and many banks, including some local banks, have taken a share. The agency business income of handling fee and commission income has increased substantially, but the agency fee income of Everbright Bank has not increased much, and it seems that it has not been able to share a piece of the action.

In terms of assets, according to the performance report, by the end of 20021,the total assets of China Everbright Bank were 5,902,384 million yuan, an increase of 9.95% over the end of last year; Total liabilities were 5.41794.9 billion yuan, an increase of1028% over the end of last year; The owner's equity attributable to ordinary shareholders of the Bank was RMB377.658 billion, an increase of 8.34% over the end of last year.

202 1 semi-annual report shows that the bank's demand deposit collection ability is weak. Overall, the debt cost ratio of the Bank has decreased, but the average cost ratio of demand deposits for public and retail businesses has increased. In the first half of last year, the average cost ratio of corporate customers' demand deposits increased by 0.08 percentage points year-on-year, and the average cost ratio of retail customers' demand deposits increased by 0.48 percentage points year-on-year.

In terms of asset quality, by the end of the year, the bank finally rushed out of the good situation of "double decline" of non-performing loans. In the first half of the year and the first three quarters, although the non-performing loan ratio is declining, the balance of non-performing loans is rising. Last year's semi-annual report showed that the overdue loans of China Everbright Bank increased, mainly for three months, reaching 1 year. The area with the highest non-performing loan ratio is concentrated in the Pearl River Delta.

After New Year's Day, the Discipline Inspection and Supervision Team of the State Commission for Discipline Inspection of the Central Commission for Discipline Inspection in Everbright Group and the Supervision Committee of Shandong Provincial Commission for Discipline Inspection announced that Zhang Huayu, former deputy secretary of the Party Committee and vice president of China Everbright Bank, was suspected of serious violation of the law and was currently under supervision and investigation.

According to the resume, Zhang Huayu, 1958+00 was born in June, with a college degree. 1976 10 joined the work and transferred to China everbright bank in February 2006. From February 5438+0, 2006 to March 2007, Zhang Huayu served as Secretary of the Party Committee, Director of the Business Department of China Everbright Bank, Member of the Party Committee and Assistant to the President of the Head Office; March to 20, 200718 Member of the Party Committee.

It is reported that Du, 42, has worked in CITIC Securities and Everbright Securities for 9 years and has been responsible for the fixed income business of Everbright Securities for a long time. At the beginning of last year, he served as the general manager of debt financing headquarters and investment banking headquarters of Everbright Securities.

Daniel Hsia is suspected of serious violation of discipline and law. At present, it is under the disciplinary review of the Discipline Inspection and Supervision Group of the State Supervision Commission of the Central Commission for Discipline Inspection in Everbright Group and the supervision and investigation of Weifang Municipal Supervision Commission. Two of them are former executives of China Everbright Bank.

Before the inspection team, Zhou 202 1, Party Secretary and President of Nanning Branch of China Everbright Bank, was double-opened, and Chen, business manager of IT Department, was also investigated.

In the first month of 2023, China Everbright Bank received two tickets. According to the penalty information of China Banking Regulatory Commission and official website Banking Regulatory Bureau of China Anshan Banking Regulatory Bureau, China Everbright Bank Anshan Branch was fined 200,000 yuan according to Article 46 of the Banking Supervision and Administration Law of the People's Republic of China due to the "three investigations" of working capital loans.

Yinchuan Branch of China Everbright Bank decided to impose an administrative penalty of 400,000 yuan on its illegal facts of "transferring loans and seriously violating prudent commercial rules"; Cui Xinwei, Wang Jidong and Bai Wenling were given warnings.

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