China-Singapore Jingwei client, May 1 (Wei Wei intern Shao Meng) On April 30, with the release of the Bank of Nanjing ’s annual report, the 2019 annual reports of all 36 listed banks have been fully disclosed. Wind statistics show that in 2019, the operating income of listed banks totaled 5,049.528 billion yuan, a year-on-year increase of 10.21%; net profit totaled 1,672.723 billion yuan, a year-on-year increase of 6.92%, and the average daily net profit was 4.583 billion yuan. So in 2019, what are the performance of the banks? Which bank makes the most money? Which bank's executive pay is high?

27 double-digit revenue growth, Chongqing Rural Commercial Bank growth rate bottom

　　In terms of operating income, Industrial and Commercial Bank of China led all banks with 855.164 billion yuan. China Merchants Bank, Bank of Beijing and Yunong Commercial Bank ranked first among joint-stock commercial banks, urban commercial banks and rural commercial banks. In 2019, there are 13 listed banks with revenue of more than 100 billion yuan.

　　On a year-on-year basis, compared with 2018, the overall growth rate of urban commercial banks was faster, with revenue growth of approximately 18.74%; state-owned banks had the slowest growth rate, a year-on-year increase of 7.89%. Of the 36 listed banks, Qingdao Bank had the fastest revenue growth Reaching 30.44%, Yunong Commercial Bank's revenue growth rate is at the bottom, only 1.97%.

　　City Commercial Bank and Rural Commercial Bank totaled a total of 21 listed banks, with a total revenue growth of 8 over 20% year-on-year. They were Bank of Qingdao, Zhangjiagang Bank, Bank of Jiangsu, Bank of Hangzhou, Bank of Changsha, Bank of Suzhou, Bank of Ningbo and Bank of Zhengzhou.

　　In terms of income structure, state-owned banks are dominated by interest income, of which Postal Savings Bank is the most dependent on interest income, accounting for 86.78%, and Bank of Communications' non-interest income accounted for the highest, accounting for 38.02%. Among the shareholding banks, the interest income of Minsheng Bank and Industrial Bank accounted for relatively low, respectively 54.28% and 56.8%.

　　As for the NPL ratio, as of the end of 2019, the asset quality of listed banks continued to improve, and the NPL ratio of 28 banks declined year-on-year. Among them, the NPL ratio of Changshu Bank, Bank of Nanjing, Postal Savings Bank and Bank of Ningbo is less than 1%, and the NPL ratio of 30 banks is between 1% and 2%. Only the NPL ratio of Zhengzhou Bank and Pudong Development Bank exceeds 2%, respectively. It is 2.37% and 2.05%.

Net profit grew in full, Bank of Ningbo grew first

　　In terms of net profit, in 2019, 36 listed banks totaled a net profit of 1,672.723 billion yuan, with an average daily net profit of 4.583 billion yuan. Among them, ICBC ranked first with 312.224 billion yuan, and the net profits of China Construction Bank, Agricultural Bank of China and Bank of China all exceeded 100 billion yuan.

　　There are 6 companies with a net profit of 50-100 billion yuan, namely China Merchants Bank, Bank of Communications, Industrial Bank, Postal Savings Bank, Pudong Development Bank, and Minsheng Bank.

　　In 2019, the net profit growth rate of 36 listed banks all achieved positive growth. Among them, the average net profit growth rate of state-owned banks was 5.23%. Postal Savings Bank was the only state-owned bank with double-digit growth. The net profit growth rate of Bank of China was only 4.06. %, Not only the lowest growth rate among the six major state-owned banks, but also the bottom growth rate among the 36 listed banks.

　　The overall net profit growth rate of city commercial banks reached more than 13%. Among the city commercial banks, except for Bank of Beijing and Bank of Zhengzhou, other banks have achieved double-digit growth in net profit. Bank of Ningbo topped the list with a growth rate of 22.6%. Among the rural commercial banks, only Yu Rural Commercial Bank failed to exceed 10% year-on-year, and Changshu Bank ranked first with 20.66%.

　　In terms of performance contribution, the average net interest margin of listed banks in 2019 was 2.23. Although the net interest margin of Changshu Bank decreased by 26 basis points, it still ranked first. Zhangjiagang Bank and Sunong Bank followed closely at 2.74 and 2.71, respectively. Everbright Bank's net interest margin increased significantly by 57 basis points year-on-year, while Jiangyin Bank and Bank of Beijing both declined by 21 basis points year-on-year.

The number of bank employees has increased

　　In 2019, the number of employees of listed banks rose by 5,469 overall, from 2,241,900 in 2018 to 2,247,400 in 2019.

　　In 2019, the total number of employees of the six major banks was 1.8278 million, a decrease of 115,000 compared with 2018. Among them, the Agricultural Bank decreased by 9680, and the Industrial and Commercial Bank of China, Bank of Communications and Bank of China decreased by 4190, 1714 and 735 respectively. The number of Postal Savings Bank and Construction Bank rose.

　　Among joint-stock banks, the number of China Merchants Banks increased the most. In 2019, the number of employees increased by more than 10,000. The number of employees of Industrial Bank and Huaxia Bank declined significantly.

　　The number of employees of most city commercial banks and rural commercial banks has increased from the previous year, and only four of them have experienced a decrease in number of employees, namely, Yunong Commercial Bank, Bank of Beijing, Qingnong Commercial Bank, and Zijin Bank.

　　The growth of performance of listed banks also drove the rise of the bank's total salary level. According to wind statistics, the per capita salary level of listed bank employees increased by 5.14% from 381,300 yuan / year to 401,900 yuan / year.

　　Specifically, the per capita salary of the three listed banks exceeds 500,000 yuan / year, of which Zheshang Bank, Ping An Bank and Hangzhou Bank are in the top three, with 602,900 yuan, 597,800 yuan and 541,500 yuan respectively. The per capita salary of 13 listed banks is between 400,000 and 500,000 yuan / year, and the per capita salary of 7 listed banks is between 200,000 and 300,000 yuan / year. The lowest per capita salary is the Changshu Bank. To 250,000 yuan / year.

　　Every year after the bank's per capita salary is announced, many bank employees will be vomited, "I may work in a fake bank", "averaged again." In fact, the number of grass-roots employees in banks is relatively large, while the wages in grass-roots positions are often relatively low, and there are relatively few truly high-paid employees.

State-owned bank management salaries are low

　　In addition to employee compensation, management compensation is also one of the highlights of the annual report. Wind statistics show that among the 36 listed banks, the total compensation of the management of Minsheng Bank is the highest, about 64.357 million yuan, which is nearly 18 million yuan higher than the 46.457 million yuan of the second China Merchants Bank. In contrast, the bottom three of the management's remuneration are: 8.489 million yuan from Guiyang Bank, 69.263 million yuan from the Postal Savings Bank and 5.5223 million yuan from Yunong Commercial Bank.

　　It is worth noting that Minsheng Bank is about to undergo a new round of board re-election. As a non-executive director of the bank, Shi Yuzhu shouted on Weibo in December 2019, "The income of new board members must be linked to the market value of performance."

　　Shi Yuzhu shouted that the income of board members must be linked to the market value of performance Source: Sina Weibo

　　In terms of executive compensation, the reporters of Sino-Singapore Jingwei also made some statistics. It should be noted that individual executive compensation data was not disclosed in the annual report.

　　It is not difficult to find from the comparison that the executive compensation of joint-stock banks is relatively high, while that of the six state-owned banks is relatively low. Among the disclosed remunerations for the chairman and president, the highest was Hu Yuefei, the president of Ping An Bank, with a pre-tax remuneration of RMB 4,660,400. The remuneration was RMB 4,568,300 and RMB 4,597,300 respectively. The lowest is Zhang Qingsong, president of the Agricultural Bank, with a salary of only 185,100 yuan.

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