Six major lines 2021 report: average daily net profit 3.486 billion dividends total 382.159 billion!
Ifeng.com financial “bank financial eye” | production article | Chen Yao the annual reports of the six major state-owned banks in 29-30 days of centralized disclosure.In the past year, how about the net profit, asset size and asset quality of the six state-owned banks, including ICBC, ABC, China Construction Bank, CCCC and POST and Savings Bank? What are the changes compared with the previous year? What are the enviable bank dividends and executive compensation?In the year of green finance in full swing, how about the scale of green credit in major banks?Ifeng.com’s “Bank Financial Eye” column collated the main data of the six banks’ annual reports, and compared the results of the six banks in the past year.In terms of profit, INDUSTRIAL and Commercial Bank of China (ICBC) continues to hold the top position.In 2021, ICBC realized 348.338 billion yuan of net profit, up 10.27% year on year, earning 954 million yuan a day;It is worth mentioning that the net profit of China Construction Bank this year also exceeded 300 billion yuan, reaching 302.513 billion yuan, up 11.61% year on year, with an average daily net profit of 829 million yuan, ranking first with ICBC.In the second tier, the agricultural Bank of China and The Bank of China both exceeded 200 billion yuan, respectively 241.183 billion yuan and 216.559 billion yuan, up 11.7% and 12.28% year on year. The average daily net profit of agricultural Bank was 661 million yuan, and the average daily net profit of Bank of China was 593 million yuan.In the third tier, the net profit of Bank of Communications and Postal Savings Bank did not exceed 100 billion yuan.Bocom’s net profit was 87.581 billion yuan, up 11.89 percent year-on-year, with an average daily net profit of 240 million yuan.PSBC’s net profit to its parents reached 76.17 billion yuan, up 18.65 percent year-on-year, with an average daily net profit of 209 million yuan.According to the comprehensive statistics of “Bank Financial Eye” published by Ifang.com finance, the net profits of the six major banks in the past year reached 1.27 trillion yuan, with an average daily net profit of 3.486 billion yuan.It is followed by China Construction Bank with 30.25 trillion yuan of assets in 2021, Agricultural Bank of China with 29.07 trillion yuan of assets, and Bank of China with 26.72 trillion yuan of assets.It is worth mentioning that IN 2021, PSBC surpassed BoCOM to become the fifth largest state-owned bank in terms of total assets.Among them, THE Postal Savings Bank has assets of 12.59 trillion yuan, and The Bank of Communications has assets of 11.67 trillion yuan.In terms of asset quality, the asset quality of the six major banks in 2021 has improved to some extent compared with the previous year.In 2020, the asset quality of the six major banks declined due to the impact of COVID-19.In terms of non-performing loan ratio, the non-performing loan ratio of BoCOM reached 1.67% last year. This year, the non-performing loan ratio of BoCOM dropped 0.19 percentage points from the end of last year to 1.48%, but it is still the bank with the highest non-performing loan ratio among the six large state-owned banks.Agricultural Bank’s non-performing loan ratio dropped 0.14 percentage points from the end of last year to 1.43%.The non-performing loan ratios of CCB and ICBC were 1.42%, down 0.14 percentage points and 0.16 percentage points respectively from the end of the previous year.The non-performing loan ratio of Chinese banks was 1.33 percent, down 0.13 percentage points from the end of the previous year.The non-performing ratio of PSBC was the lowest among the six major banks, at 0.82%, down 0.06 percentage points from the end of last year.In terms of provision coverage, by the end of 2021, PSBC had the highest provision coverage among the six major banks, reaching 418.61%, an increase of 10.55 percentage points over the previous year.The provision coverage rate of Agricultural Bank of China, China Construction Bank of China and Industrial and Commercial Bank of China all exceeded 200%, respectively 299.73%, 239.96% and 205.84%, up 33.53 percentage points, 26.37 percentage points and 25.16 percentage points from the end of last year.Bank of China’s provision coverage ratio rose 9.21 percentage points to 187.05%.The provision coverage rate of BoCOM was 166.5%, up 22.63 percentage points from the end of last year.In terms of dividends, the total dividends of the six state-owned banks in 2021 will be 382.159 billion yuan.Among them, ICBC has paid 104.5 billion yuan in total, which is the only bank among the six major banks with a total dividend of over 100 billion yuan and the highest dividend, with a pre-tax dividend of 2.933 yuan per 10 shares.Construction Bank followed with 91.004 billion yuan in total dividends.The postal Savings Bank had the lowest dividend of 22.856 billion yuan.In terms of executive compensation, except for icbc, which did not disclose executive compensation data, ZHANG Jinliang, chairman of PSBC, worked for its shareholder, China Post Group Co., LTD., and received his salary, but not from PSBC.In 2021, Ren Deqi, chairman of Bank of Communications, will receive the highest annual salary of 829,300 yuan, followed by Tian Guoli, chairman of China Construction Bank, with 825,600 yuan, followed by Gu Shu, chairman of Agricultural Bank of China, with 819,900 yuan, and Liu Liange, chairman of Bank of China, with 820,900 yuan.In 2021, the scale and growth rate of new loans of a number of large banks hit a new high in recent years. Among them, ICBC’s domestic RMB loans in 2021 increased by 2.12 trillion yuan, an increase of 243.3 billion yuan year-on-year, an increment of a new high.Agricultural Bank of China’s loans at the end of 2021 increased by 2 trillion yuan from the beginning of the year, up 13.2%;In 2021, CCB’s loans and advances increased by 1.94 trillion yuan, or 11.95%, from the previous year.Bank of China’s total yuan loans rose 1.4 trillion yuan, or 12.52 percent, from the end of last year.In terms of the trend of credit issuance, banks are more inclined to rural revitalization, micro, small and medium-sized enterprises, green finance, scientific and technological innovation and other fields.In terms of green credit, by the end of 2021, icbc’s loan balance to green industry was 2.48 trillion yuan, up 34.4% from the previous year.The outstanding green loans of CCB amounted to 1.96 trillion yuan, up 35.61% from last year.The outstanding green credit of the Bank of China exceeded 1.4 trillion yuan, an increase of about 57%.Agricultural Bank of China’s green credit balance reached 1.98 trillion yuan, an increase of 462.9 billion yuan from the beginning of the year and an increase of 30% from the previous year.The green loan balance of Bank of Communications reached 476.763 billion yuan, up 31.37% from the previous year, while the green loan balance of Postal Savings Bank reached 372.294 billion yuan, up 32.52% from the previous year.