19 private banks scanned last year's performance: 4 had assets of more than 5 billion yuan, and 1 had non-performing rates of less than <>%

All 19 private banks have disclosed their 2022 results. Since the establishment of WeBank, the first private bank in China initiated by Tencent and other enterprises in December 2014, private banks have a history of more than 12 years.

From the perspective of 2022, what new differentiation has emerged in the performance of private banks? What is the overall business situation?

The number of private banks with assets of 4 billion yuan increased to four

From the perspective of total assets, as of the end of 2022, the assets of 4 private banks exceeded 2021 billion yuan, and Wuhan Zhongbang Bank was a newly promoted private bank with assets of <> billion yuan, and exceeded Jiangsu Suning Bank, which ranked third in terms of asset scale as of the end of <>.

Qianhai Weizhong Bank is the private bank with the highest asset scale, followed by Zhejiang MYbank. As of the end of 2022, the total assets of WeBank, MYbank, Zhongbang Bank and Suning Bank were 4738.62 billion yuan, 4410.89 billion yuan, 1077.88 billion yuan and 1042.89 billion yuan respectively.

Among the private banks with assets of 2022 billion yuan, from the perspective of operating income, WeBank's revenue growth rate ranked first in 353. WeBank's revenue last year was 64.31 billion yuan, an increase of 03.40%; Suning Bank's revenue growth rate last year ranked second among private banks with assets of 65 billion yuan, with revenue of 17.64 billion yuan, an increase of 156.86%. MYbank's revenue last year was 12.82 billion yuan, a year-on-year increase of 15.53%; Zhongbang Bank's revenue last year was 0.03 billion yuan, a year-on-year increase of <>.<>%.

From the perspective of net profit growth, among the 4 private banks with assets of more than 2022 billion yuan, MYbank leads the way. In 69, the net profit of MYbank, Suning Bank, WeBank, and Zhongbang Bank increased by 12.66%, 76.29%, 82.0% and 08.<>% year-on-year.

From the perspective of asset quality, among the four private banks with assets of 4 billion yuan, MYbank had the highest non-performing loan rate as of the end of 2022, at 1.94%; Suning Bank had the lowest non-performing loan ratio of 0.99%.

Tianjin Jincheng Bank had the highest net profit growth rate last year

Judging from the performance of 19 private banks last year, Jincheng Bank in Tianjin ranked first in the net profit growth rate of private banks.

The largest shareholder of Golden City Bank is 30 Security Technology Co., Ltd., which holds <>% of the shares.

According to the 2022 annual report of Jincheng Bank, benefiting from the improvement of operational efficiency brought about by the digital strategic transformation, the continuous optimization of the asset structure, and the rapid increase in the number of users and the scale of lending with the full development of various digital credit businesses, the operating efficiency and profitability have achieved leapfrog development. In 2022, Jincheng Bank achieved an operating income of 30.62 billion yuan and a net profit of 4 million yuan, with both operating income and net profit reaching the best level in the same period in history.

In addition to Jincheng Bank, Huatong Bank, Meizhou Commercial Bank and Liaoning Zhenxing Bank also achieved good results in net profit last year, 573.08%, 155.73% and 123.39% respectively.

At the same time, Shandong Blue Ocean Bank, Jiangxi Yumin Bank, Hunan Sanxiang Bank and Sichuan Xinwang Bank had negative net profit growth last year, -0.01%, -19.35%, -21.55% and -25.82% respectively.

Among the 19 private banks, only Shanghai Huarui Bank had a negative net profit last year. According to the 2022 annual report of Huarui Bank, as of the end of 2022, the total assets of Huarui Bank were 423.77 billion yuan. In 2022, Huarui Bank's operating income will be 9 million yuan, a year-on-year decrease of 7.39%; Net profit was -41 million yuan.

According to Huarui Bank's 2022 annual report, in 2022, the bank's credit impairment loss was 9 million yuan, compared with 51 million yuan in the previous year, a year-on-year increase of 7.19%.

MYbank has the highest non-performing loan ratio

From the perspective of asset quality, as of the end of 2022, MYbank's non-performing loan ratio was the highest among private banks, at 1.94%; Shanghai Huarui Bank, Sichuan Xinwang Bank, Tianjin Jincheng Bank, and Jilin Yealink Bank all had non-performing loan ratios of more than 2022.1% as of the end of 6. The non-performing loan ratio of Jiangsu Suning Bank, Fujian Huatong Bank, Wuxi Xishang Bank, Meizhou Merchant Bank and Wenzhou Minshang Bank was at a low level at the end of 2022, all below 1%.