The performance of the six major banks is released, who can earn the most? Who pays the most money?

Chinanews.com, April 4 (Zhongxin Finance, Peng Jingru) The 1 "report card" of the six major state-owned banks has arrived as scheduled. As of March 2022, the 3 annual reports of Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China, China Construction Bank, Bank of Communications and Postal Savings Bank have all been disclosed. According to the data, the total net profit of the six state-owned banks in 30 is about 2022.6 trillion yuan.

Among them, who is the little money maker? Who is the most generous to shareholders?

The daily income was 37.<> billion yuan, and the net profit of the six state-owned banks increased

In 2022, the six major state-owned banks will achieve a total operating income of 3.69 trillion yuan and a net profit of about 1.36 trillion yuan. Moreover, the net profit of the six major banks in 2022 will all achieve positive growth compared with 2021.

According to the calculation of 365 days per year, the "Big Six" earns about 37.2 billion yuan per day.

Infographic: RMB. Photo by Jin Shuo

Specifically, ICBC and China Construction Bank ranked high in operating income and net profit. Among them, ICBC's operating income was 9179.89 billion yuan, down 2.6% year-on-year; The net profit reached a record high of 3610.38 billion yuan, a year-on-year increase of 3.1%. CCB achieved operating income of 8224.73 billion yuan, down 0.22% year-on-year; The net profit was 3231.66 billion yuan, a year-on-year increase of 6.33%.

The operating income of Agricultural Bank of China, Bank of China, Postal Savings Bank and Bank of Communications was 7248.68 billion yuan, 6180.09 billion yuan, 3349.56 billion yuan and 2729.78 billion yuan respectively, and the net profit was 2586.88 billion yuan, 2375.04 billion yuan, 853.55 billion yuan and 920.30 billion yuan respectively.

In terms of asset quality, the non-performing loan ratio of five of these banks decreased compared with the end of 5.

As of the end of 2022, ICBC's non-performing loan ratio was 1.38%, down 0.04 percentage points from the end of the previous year; Agricultural Bank of China was 1.37%, down 0.06 percentage points; Bank of China was 1.32%, down 0.01 percentage points; China Construction Bank was 1.38%, down 0.04 percentage points; and Bank of Communications was 1.35%, falling to the best level since 2015. Postal Savings Bank was 0.84%, up 0.02 percentage points.

Despite the negative revenue growth, ICBC is still the number one place to make money

According to the above net profit data, ICBC is still the "most profitable" state-owned bank. However, in the face of financial market volatility, the growth rate of banking industry operating income has declined in 2022.

Among them, the growth rate of operating income of ICBC and China Construction Bank in 2022 was negative, -2.6% and -0.22%, respectively, and 2021.6% and 81.9% in 05; PSBC's operating income grew the most, at 5.08%, but it also decreased by more than 2021 percentage points from 11.38% in 6.

Data map: Industrial and Commercial Bank of China outlet. Photo by Qu Honglun

From the perspective of operating income structure, ICBC's net interest income in 2022 will be 6936.87 billion yuan, an increase of 0.4%; Non-interest income decreased by 2243.02% year-on-year to MOP 11,0 million. Among non-interest income, net income from fees and commissions decreased by 1292.65% year-on-year to MOP2,8 million. Other non-interest income was RMB950,37 million, down by 20.2%.

In 2022, CCB's net interest income will be 6430.64 billion yuan, an increase of 6.22%; Non-interest income was RMB1794.09 billion, down by 18.01%. Among the non-interest income, net income from fees and commissions was RMB1160,85 million, down by 4.45%; Other non-interest income was RMB633.24 billion, down by 34.94%.

"2022 is a difficult year for the domestic macroeconomy, with macroeconomic growth slowing down, credit growth falling down, bank revenue declining, banks continuing to benefit the real economy, coupled with financial market fluctuations and base factors all affect bank profitability." Zhou Maohua, an analyst of the financial market department of China Everbright Bank, told the media, but from the trend point of view, with the steady recovery of the domestic economy, corporate profits and confidence have improved, and the demand for physical financing has picked up, it is expected to drive the growth of bank profits.

Cash dividends, who will hold the first place?

In terms of shareholder returns, according to the recommendations of the boards of directors of each bank, the six major banks intend to distribute a total cash dividend of more than 4000 billion yuan.

Among them, ICBC intends to pay 10.3 yuan per 035 shares, with an estimated total dividend of 1082.10 billion yuan, and China Construction Bank intends to pay 3.89 yuan per 972 shares, a total of 54.777 billion yuan. The Agricultural Bank of China, the Bank of China, the Bank of Communications and the Postal Savings Bank intend to pay dividends of 66.682 billion yuan, 98.277 billion yuan, 255.74 billion yuan and <>.<> billion yuan respectively.

In addition to how much money is paid to shareholders, the remuneration of employees in various walks of life is also concerned.

In the annual report, the composition of bank employee remuneration is mainly divided into employee salary, bonus, social security, etc., calculated by the formula of annual average salary = (salary paid to employees + remuneration payable at the end of the period - remuneration payable at the beginning of the period) / [(number of employees at the beginning of the period + number of employees at the end of the period)/2].

According to data from Oriental Wealth Choice, none of the six major state-owned banks have seen any salary cuts. In 2022, the per capita salary of employees of Bank of Communications will be 43,5 yuan, an increase of 2021,40 yuan from 6,2 yuan in 9, and the per capita salary of employees of China Construction Bank and Postal Savings Bank will be 36,1 yuan and 35,1 yuan respectively, an increase of 2,3 yuan and 1,8 yuan over the same period of the previous year.

The per capita salary of employees of ICBC and ABC also showed an upward trend. From the data performance, the per capita salary of employees of ICBC in 2022 will be 33,3 yuan, an increase of 2021,31 yuan from 9,1 yuan in 41, and the per capita salary of employees of Agricultural Bank of China will be 32,6 yuan, an increase of 2,4 yuan over the previous year. (End)