上市銀行“十四五回望”之市占率變遷總量研究/銀行期間銀行經(jīng)營回顧與“十五五”規(guī)劃展望系列專題。本報告為遷》，我們將使用上市銀行關(guān)鍵指標(biāo)市占率變化，來展現(xiàn)整個上市市占率指標(biāo)主要是通過對比上市銀行可比同業(yè)來觀察一家銀行經(jīng)營戰(zhàn)略的相通過橫向同業(yè)對比來了解上市銀行相對同業(yè)的優(yōu)劣勢點。規(guī)模，上市銀行資負(fù)持續(xù)擴張，從2020年末到2025年中，上市銀行總資產(chǎn)上升了4.43pct至92.28%。拆開來看，上市銀行營收增長其他非息增速較高；減值損失下降了26%，其他非息和撥備少提是利潤增長的主要貢獻(xiàn)。3）資產(chǎn)質(zhì)量，撥備計提速度高于廣義不良上升速度。從2020而撥備增長了46.32%，上市銀行撥備安全墊增厚速度更快。-7.15、+4.63、+39.67、+37.39pct。城農(nóng)商行凈利息收入和其他非息收入市國有行、股份行、城商行、農(nóng)商行廣義不良資產(chǎn)（即不良+關(guān)注+金融投資第三階段余額）市占率分別變化了-0.12、-3.80、+18.02、+0.77pct。城農(nóng)商行國股行相對來說更穩(wěn)扎穩(wěn)打，資產(chǎn)質(zhì)量指標(biāo)市占率下降更多。%(%)——銀行——滬深30002、《M1增速高點判斷邏輯和測算—wangxianshuang@.敬請閱讀末頁的重要說明2正文目錄 4 4 7 22 64 6圖2：上市銀行“十四五”期間主要指標(biāo)規(guī) 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26敬請閱讀末頁的重要說明 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58敬請閱讀末頁的重要說明4 59 60 61 62 63新興領(lǐng)域布局則成為銀行長期經(jīng)營分化的關(guān)鍵變量。2025年為“十四二、上市銀行整體變化情況敬請閱讀末頁的重要說明從87.84%上升了4.43pct至92.28%。拆開來看，上市銀行其他非息增長了敬請閱讀末頁的重要說明圖1：上市銀行“十四五”期間主要指標(biāo)規(guī)模變化（億元）上市銀行對公貸款對公存款對公定期對公活期投資類資產(chǎn)其他非息收入管理費用PPOP減值損失歸母凈利潤不良+關(guān)注逾期貸款金融投資第三階段不良&關(guān)注貸款&金融投資三階段金融投資撥備核心一級資本注1：最右兩列為各行指標(biāo)2020年到2024年、20注2：2020到2025年中的利潤表科目增幅計算中使用了2025年中年化后的規(guī)模數(shù)據(jù)敬請閱讀末頁的重要說明圖2：上市銀行“十四五”期間主要指標(biāo)規(guī)模占商業(yè)銀行比重（%）注1：最右兩列為各行指標(biāo)2020年到三、各銀行版塊市占率變化情況9.4%和1.7%。上市城商行依托地方資源優(yōu)勢，抓住化債帶來的投資機同時受到大行下沉的壓力相對較小，擴表更為迅速。商行、農(nóng)商行營收市占率分別變化了-0.55、-6.85、+28.17、+12.86pct至入和其他非息收入市占率增速較高，推動營收市占率提升；而且城農(nóng)商行撥備少提力度更大，歸母凈利潤市占率提升速度比營收更快。義不良上升也比較快，而國股行相對來說更穩(wěn)扎穩(wěn)打，資產(chǎn)質(zhì)量指標(biāo)市占率敬請閱讀末頁的重要說明圖3：國有行主要指標(biāo)占上市銀行比例（%）國有行/上市銀行2020A2021A2022A2023A2024A2025H120A~24A增幅20A~25H1增幅總資產(chǎn)（億元）1,351,3591,454,7061,641,1271,851,1421,996,7802,140,23247.76%58.38%總資產(chǎn)64.325664.168165.004065.861766.089066.60602.74%3.55%總貸款65.089465.333366.205667.244167.795068.24434.16%4.85%對公貸款66.506167.362868.098168.815968.512868.33573.02%2.75%個人貸款65.014664.932964.861365.186866.046966.70372.60%個人住房貸款76.817176.995777.128776.854275.896175.3350-1.20%-1.93%總存款69.245269.066869.265370.085969.638069.49340.57%0.36%活期存款72.271171.677871.808371.559671.661171.1248-0.84%-1.59%對公存款59.344758.941360.042761.511959.683159.68840.57%0.58%對公定期53.944253.664055.348060.210557.563457.40036.71%6.41%對公活期63.945263.283064.400562.914263.146762.5626-1.25%-2.16%個人存款81.490781.241579.640979.295678.879278.6962-3.20%-3.43%個人定期79.781279.788078.127077.342777.247377.1864-3.18%-3.25%個人活期83.600383.526382.249683.226582.180282.0055-1.70%-1.91%投資類資產(chǎn)60.197460.388960.511661.024462.760563.18034.26%4.96%AC類64.387364.980366.939067.480869.152870.30047.40%9.18%非AC類52.823652.156749.735950.359953.471053.6497總營收63.035463.330662.028962.525262.308962.6880-1.15%-0.55%利息收入60.784560.923562.312363.647864.514064.34406.14%5.86%利息支出56.963357.089359.819462.610663.946564.2698凈利息收入63.830564.268764.674364.866865.210364.42782.16%0.94%凈手續(xù)費58.579657.469157.629361.412662.432865.40386.58%其他非息收入63.498764.681146.008348.286247.197552.5748-25.67%-17.20%管理費用63.753564.270263.565463.804464.310263.73540.87%-0.03%PPOP60.630160.732960.529160.908060.292761.2303-0.56%0.99%減值損失51.202450.953951.718251.085149.863260.0966-2.62%總利潤67.684467.007865.335265.747865.034361.8469-3.92%-8.62%歸母凈利潤66.817266.308965.307565.727565.363062.0397-2.18%-7.15%不良貸款66.323766.526067.619269.046969.726070.27505.13%5.96%關(guān)注貸款67.429765.251865.456566.331965.314965.8974-3.14%-2.27%不良+關(guān)注66.961465.802466.381767.477667.170467.75140.31%逾期貸款57.858654.943755.637059.015661.529163.86316.34%金融投資第三階段8.7161-20.17%-15.83%不良&關(guān)注貸款&金融投資三階段63.734960.349060.943162.092862.632563.6562-1.73%-0.12%總撥備62.038461.950163.145264.222365.226866.13325.14%6.60%貸款撥備65.209866.216966.954068.121669.030069.94595.86%7.26%金融投資撥備30.701028.004330.114229.594030.265231.2979-1.42%RWA60.956160.802960.588861.154160.340260.4446-1.01%-0.84%核心一級資本66.419366.104266.017765.733665.314066.0180-1.66%-0.60%員工數(shù)73.455872.412270.990370.670170.677870.7729-3.78%-3.65%注：最右兩列為各行指標(biāo)2020年到2024年、2025年中的增長率敬請閱讀末頁的重要說明圖4：股份行主要指標(biāo)占上市銀行比例（%）股份行/上市銀行2020A2021A2022A2023A2024A2025H120A~24A增幅20A~25H1增幅總資產(chǎn)（億元）539,517577,709620,576666,801698,998715,54429.56%32.63%總資產(chǎn)25.681425.483224.580623.724123.135322.2684-9.91%-13.29%總貸款26.320225.758724.749223.607822.798622.0718-13.38%-16.14%對公貸款24.097223.086722.259721.404421.213221.0106-11.97%-12.81%個人貸款27.923427.554327.363926.821625.952325.4141-7.06%-8.99%個人住房貸款3.01%5.76%總存款21.861321.782621.504420.653220.569220.4229-5.91%-6.58%活期存款20.253621.060220.893021.109420.953121.02873.45%3.83%對公存款30.317830.614229.704728.413029.264728.7391-3.47%-5.21%對公定期35.109734.705933.413129.293930.492230.3955-13.15%-13.43%對公活期26.283227.247926.262327.476826.957426.74692.57%個人存款個人定期個人活期投資類資產(chǎn)26.383025.870225.694525.112023.484922.6123-10.98%-14.29%AC類23.193422.860421.606121.651620.4626-11.77%-16.93%非AC類31.996131.266732.548830.828027.877127.0913-12.87%-15.33%總營收28.019127.346328.035927.226326.849226.0996-4.18%-6.85%利息收入28.437627.848026.657525.439024.359223.9434-14.34%-15.80%利息支出30.401829.730827.758025.679224.292723.4744-20.09%-22.79%凈利息收入27.009226.205425.620825.156824.440824.4726-9.51%-9.39%凈手續(xù)費35.410735.884836.102133.325632.254428.8125-8.91%-18.63%其他非息收入24.952724.043435.931733.751034.691330.910639.03%23.88%管理費用27.700126.959127.232626.563825.824725.9630-6.77%-6.27%PPOP29.691729.083728.915028.158827.991426.7576-5.73%-9.88%減值損失37.977037.452636.528637.582637.522429.3545-1.20%-22.70%總利潤23.492223.713524.761923.515623.658425.34530.71%7.89%歸母凈利潤23.828624.054124.553123.482023.357024.9327-1.98%4.63%不良貸款26.208425.647724.560723.121422.241321.5193-15.14%-17.89%關(guān)注貸款25.660527.024627.150725.310525.882425.28330.86%-1.47%不良+關(guān)注25.892526.429726.042824.386824.350823.6892-5.95%-8.51%逾期貸款32.865534.743933.534330.646328.661826.2298-12.79%-20.19%金融投資第三階段67.415669.794069.197672.309375.100973.74619.39%不良&關(guān)注貸款&金融投資三階段28.365930.805630.324428.778328.394327.28670.10%-3.80%總撥備26.608426.271925.180724.254223.456822.6207-11.84%-14.99%貸款撥備24.641023.509422.584121.513020.6502-16.20%-19.42%金融投資撥備44.471248.471447.324046.678547.407046.10036.60%3.66%RWA28.351228.169728.073427.414627.708027.3840-2.27%-3.41%核心一級資本24.143324.143724.160024.195824.297323.62460.64%-2.15%員工數(shù)20.528620.533320.421120.38258.36%8.15%注：最右兩列為各行指標(biāo)2020年到2024年、2025年中的增長率敬請閱讀末頁的重要說明圖5：城商行主要指標(biāo)占上市銀行比例（%）城商行/上市銀行2020A2021A2022A2023A2024A2025H120A~24A增幅20A~25H1增幅總資產(chǎn)（億元）218,066243,597273,124302,33858.50%75.45%總資產(chǎn)8.20258.53008.63758.66699.03989.4090總貸款6.94417.20647.35327.49617.77358.0736對公貸款7.66027.84417.98888.18018.69449.0770個人貸款5.66995.95256.18416.43196.49356.3965個人住房貸款3.96164.07914.14284.24364.40174.4670總存款7.08387.30947.40357.44877.95448.2534活期存款6.10455.95105.95626.03466.11556.58220.18%7.83%對公存款9.02849.16159.05158.94559.9447對公定期9.95899.6057對公活期8.21918.02737.90888.22308.53929.31063.89%個人存款4.51944.80635.15745.52715.85756.019829.61%33.20%個人定期5.78876.01526.32586.75407.13407.346823.24%26.92%個人活期3.17722.97623.20233.05693.09283.1150-2.66%-1.96%投資類資產(chǎn)3.61%7.89%AC類9.71569.33028.94549.0831-14.43%-13.11%非AC類22.58%27.45%總營收7.29167.65528.20458.48149.01459.345923.63%28.17%利息收入8.83859.19469.07049.05029.31089.86635.34%利息支出9.87089.9946-5.79%-1.44%凈利息收入7.30157.63427.81688.08598.47199.201626.02%凈手續(xù)費5.23635.90405.63804.58644.57695.0324-12.59%-3.89%其他非息收入9.840853.65%35.85%管理費用6.76727.02057.40577.75887.99858.453824.92%PPOP7.96448.44018.80069.12369.833023.46%26.29%減值損失8.94259.70949.93159.62709.147821.00%2.30%總利潤7.23267.62568.18388.87569.384229.75%45.92%歸母凈利潤7.69927.93728.38418.88789.315120.99%39.67%不良貸款6.08786.35156.33486.40696.61186.79938.61%關(guān)注貸款5.38596.17785.98016.83737.19987.079133.68%31.44%不良+關(guān)注5.68316.25296.13186.65576.95246.960622.34%22.48%逾期貸款7.89898.76979.01958.42428.03128.17513.50%金融投資第三階段-19.57%-14.65%不良&關(guān)注貸款&金融投資三階段6.36047.36837.29017.68297.49147.5065總撥備9.21529.65039.54339.45219.34259.29130.83%貸款撥備8.05068.08518.19108.21388.28088.20922.86%金融投資撥備22.035222.162921.126321.920420.751721.0033-5.82%-4.68%RWA8.79919.12339.44709.5905核心一級資本7.47627.74247.80958.05668.32658.3477員工數(shù)5.77165.99186.48836.79726.89606.8548注：最右兩列為各行指標(biāo)2020年到2024年、2025年中的增長率敬請閱讀末頁的重要說明圖6：農(nóng)商行主要指標(biāo)占上市銀行比例（%）農(nóng)商行/上市銀行2020A2021A2022A2023A2024A2025H120A~24A增幅20A~25H1增幅總資產(chǎn)（億元）37,61641,23044,88449,10952,44755,15639.43%46.63%總資產(chǎn)-3.05%-4.14%總貸款-0.82%-2.19%對公貸款-9.03%-9.20%個人貸款8.28%6.72%個人住房貸款0.94650.90960.96320.90040.87800.8709-7.24%-7.99%總存款活期存款-7.32%-7.77%對公存款-15.40%-14.28%對公定期0.98720.95610.89000.88720.8976-10.13%-9.08%對公活期-12.61%-11.12%個人存款2.33552.39852.38632.38002.39622.38492.60%2.11%個人定期3.17663.21863.08432.96822.95982.9643-6.82%-6.68%個人活期-4.02%投資類資產(chǎn)2.06662.08832.09282.1363-3.63%-5.25%AC類-26.79%-31.30%非AC類2.24402.41252.68543.12552.79432.771424.52%23.50%總營收利息收入2.0338-6.37%-4.80%利息支出2.02642.19682.0360-12.84%-11.15%凈利息收入0.98%2.11%凈手續(xù)費0.77350.74210.63060.67540.73600.7513-4.85%-2.87%其他非息收入2.17072.23972.50242.713580.07%95.26%管理費用4.92%3.87%PPOP9.87%減值損失-4.46%-25.40%總利潤2.254320.89%41.71%歸母凈利潤2.273837.39%不良貸款2.96%關(guān)注貸款5.19%不良+關(guān)注4.33%9.29%逾期貸款29.11%25.77%金融投資第三階段2.73470.96700.9285-64.64%-66.05%不良&關(guān)注貸款&金融投資三階段-3.70%0.77%總撥備2.13802.12772.13082.0715-7.68%-8.57%貸款撥備2.09862.18862.27082.15172.0390-2.84%-5.25%金融投資撥備2.7927-43.56%-42.76%RWA-3.53%-3.20%核心一級資本2.00972.01292.01412.06222.00975.15%2.47%員工數(shù)2.00514.08%3.29%注：最右兩列為各行指標(biāo)2020年到2024年、2025年中的增長率敬請閱讀末頁的重要說明圖7：25H1末各國有行主要指標(biāo)占上市銀行比例（%）2025/6/30國有行工商建設(shè)農(nóng)業(yè)中國郵儲交通總資產(chǎn)（億元）2,140,232523,179444,328468,559367,906181,905154,354總資產(chǎn)66.606016.281813.827914.582011.44965.66114.8036總貸款68.244316.363314.877614.461012.49505.16954.8780對公貸款68.335717.142214.269914.056213.65273.81485.3999個人貸款66.703714.513514.413814.735210.86557.69484.4809個人住房貸款75.335017.746218.036614.485113.70017.05404.3131總存款69.493417.075514.098014.760211.86277.45344.2435活期存款71.124817.624516.087815.686313.00435.13973.5823對公存款59.688416.876612.571910.655012.41381.95115.2198對公定期57.400317.242310.58029.855111.81041.80156.1108對公活期62.562616.410614.851111.924413.08312.11994.1735個人存款78.696217.657715.903017.937411.011812.66063.5257個人定期77.186416.964715.097316.793110.144614.34363.8430個人活期82.005519.167117.659320.467012.90418.97712.8309投資類資產(chǎn)63.180315.968612.072914.81169.46306.32954.5347AC類70.300418.986613.294118.54536.82127.87374.7796非AC類53.649711.929010.43839.813912.99904.26254.2070總營收62.688014.605413.483112.650911.25116.13664.5608利息收入64.344015.425313.264813.694211.52615.53394.8996利息支出64.269815.551012.636313.629112.46214.43175.5597凈利息收入64.427815.283613.974113.767610.47006.77764.1549凈手續(xù)費65.403816.365215.925212.561111.42564.13114.9955其他非息收入52.574810.04359.14707.781214.55805.06975.9754管理費用63.735412.678911.193312.673010.178912.09204.9193PPOP61.230315.201214.528512.946210.54293.99234.0192減值損失60.096614.860315.305713.92778.17473.08774.7405總利潤61.846915.386714.105812.412411.83094.48423.6269歸母凈利潤62.039715.280114.732312.681110.68874.47474.1827不良貸款70.275017.653516.074315.057812.55973.85415.0756關(guān)注貸款65.897418.667416.100912.051310.71323.72614.6385不良+關(guān)注67.751418.238016.089613.324611.49523.78034.8237逾期貸款63.863117.298713.704612.232611.40304.43414.7902金融投資第三階段10.76950.86032.67540.40642.06344.06520.6989不良&關(guān)注貸款&金融投資三階段63.656216.989115.125612.396210.81733.80084.5272總撥備66.133216.378514.812517.15049.38664.11684.2885貸款撥備69.945916.116916.137118.627510.39624.20784.4604金融投資撥備31.297910.01665.71687.15842.50544.66321.2376RWA60.444614.240612.455912.751910.85784.95915.1794核心一級資本66.018017.048715.399812.209511.76144.49825.1004員工數(shù)70.772915.987114.511817.510412.04387.03283.6870注：最右兩列為各行指標(biāo)2020年到2024年、2025年中的增長率敬請閱讀末頁的重要說明圖8：25H1末各股份行主要指標(biāo)占上市銀行比例（%）總資產(chǎn)（億元）投資類資產(chǎn)管理費用PPOP減值損失歸母凈利潤不良+關(guān)注逾期貸款金融投資第三階段不良&關(guān)注貸款&金融投資三階段金融投資撥備核心一級資本注：最右兩列為各行指標(biāo)2020年到2024年、2025年中的增長率敬請閱讀末頁的重要說明圖9：25H1末各城商行主要指標(biāo)占上市銀行比例（%）-12025/6/30城商行江蘇北京寧波上海南京杭州成都長沙重慶總資產(chǎn)（億元）302,33847,88547,47834,70332,93729,01422,35613,72212,4749,834總資產(chǎn)9.40901.49021.47761.08001.02500.90300.69570.42700.38820.3060總貸款8.07361.31731.29610.90700.77900.75200.54720.45180.32670.2703對公貸款9.07701.47941.35750.90880.79570.89790.60550.60780.36860.3438個人貸款6.39651.10111.16930.84750.61670.52550.47400.22760.30400.1577個人住房貸款4.46700.75600.97350.29690.47290.25890.32260.30130.19170.1121總存款8.25341.19821.24440.97700.83670.77760.62750.45510.35740.2518活期存款6.58220.92951.00980.89900.77270.42380.65640.34600.32830.1096對公存款10.45031.46881.68581.60191.20371.05580.97970.45300.32150.2209對公定期11.30661.51001.94701.74591.29101.40430.93810.41520.28330.2891對公活期9.31061.41751.37881.31861.09940.64881.02550.49570.36490.1413個人存款6.01980.84440.71570.47020.55020.49830.29550.45220.37190.2579個人定期7.34681.08910.79550.51790.63820.66310.34490.58770.41310.3442個人活期3.11500.30930.54090.36570.35760.13780.18740.15570.28170.0693投資類資產(chǎn)12.24941.93171.71161.53561.38641.29661.07360.41020.53670.4151AC類9.08311.13271.22410.82911.45230.84350.84040.35440.45190.3959非AC類16.48763.00122.36412.48131.29811.90321.38580.48480.65020.4409總營收9.34591.53421.23861.27080.93510.97390.68710.41960.45310.2619利息收入9.86631.60121.36691.19870.94800.95520.71880.49250.44020.3520利息支出10.45531.59751.46181.14981.07761.12590.79030.50710.41300.4107凈利息收入9.20161.60541.25981.25390.80190.76260.63800.47600.47080.2857凈手續(xù)費5.03240.77790.61240.68490.50300.68410.57060.06050.23640.0891其他非息收入13.80111.88771.69821.86391.90762.16711.00810.48730.56630.3093管理費用8.45381.22771.16301.38980.74060.87960.59600.35030.43910.2265PPOP10.05831.71571.31611.27221.04951.04470.75380.46480.47770.2855減值損失9.14781.53771.27001.32950.70950.78460.23910.20010.62850.2722總利潤10.55351.81261.34111.24111.23431.18611.03380.60870.39570.2927歸母凈利潤10.75381.83961.36831.34271.20261.14711.06010.60140.39350.2899不良貸款6.79930.89651.37110.55980.74740.51150.33790.24180.31090.2577關(guān)注貸款7.07910.97931.16110.55440.94930.47510.16770.11890.64740.3310不良+關(guān)注6.96060.94421.25000.55670.86380.49060.23980.17100.50490.3000逾期貸款8.17511.00411.37990.55860.86430.66360.23080.24130.50520.2961金融投資第三階段14.55591.30670.49910.01453.45320.76140.10980.99640.2360不良&關(guān)注貸款&金融投資三階段7.50650.97031.19610.51771.04990.51000.23040.15870.54020.2954總撥備9.29131.24571.48000.81921.01130.69710.92990.43810.45560.2716貸款撥備8.20921.24441.12540.87840.76360.66850.73820.45900.40380.2683金融投資撥備21.00331.41235.80260.39333.12670.93932.76420.31811.00850.4249RWA10.33841.59681.64011.19481.19170.99610.70890.51280.37690.3394核心一級資本8.34771.16831.21460.99361.10790.81290.59530.38050.31600.2575員工數(shù)6.85480.77100.77551.03880.56650.68290.55380.29830.37660.2066注：最右兩列為各行指標(biāo)2020年到2024年、2025年中的增長率敬請閱讀末頁的重要說明圖10：25H1末各城商行主要指標(biāo)占上市銀行比例（%）-22025/6/30城商行青島齊魯蘇州鄭州貴陽西安蘭州廈門總資產(chǎn)（億元）302,3387,4307,5137,5507,1977,4155,3915,0974,340總資產(chǎn)9.40900.23120.23380.23500.22400.23080.16780.15860.1351總貸款8.07360.19970.20130.19700.22010.18620.15810.14400.1198對公貸款9.07700.24550.25310.23510.25000.25910.18290.15590.1303個人貸款6.39650.12000.13080.14180.14970.08340.14260.09970.1051個人住房貸款4.46700.13610.14900.10420.09450.06600.08060.09650.0541總存款8.25340.22040.22510.21890.21120.20570.16490.17270.1089活期存款6.58220.14670.17220.16480.12130.15710.14100.12520.0788對公存款0.23650.24550.22160.17460.20060.15570.09160.1331對公定期0.27250.26080.23400.19590.21740.11440.03330.1543對公活期9.31060.19400.22660.20680.14940.18050.20320.15130.1083個人存款6.01980.21150.21480.22130.22980.20540.17000.22840.0824個人定期7.34680.26860.26590.27150.29570.24100.21940.28980.1011個人活期3.11500.08650.10310.11140.08560.12740.06190.09220.0414投資類資產(chǎn)0.28730.33120.28510.22790.30990.18850.16930.1526AC類9.08310.20800.24630.13390.26920.24220.21940.13180.1080非AC類0.39340.44500.48760.17260.40060.14720.21940.2123總營收9.34590.26200.23190.22240.22880.22230.17800.13410.0920利息收入9.86630.25990.24480.23800.26870.26980.20040.17750.1336利息支出0.25860.24640.26480.27570.29640.20970.20400.1660凈利息收入9.20160.26130.24300.20780.26080.23980.19000.14760.0971凈手續(xù)費5.03240.19720.19940.17940.05720.04660.04770.03740.0484其他非息收入0.32250.21150.32540.23870.30020.24000.15950.1078管理費用8.45380.21240.20790.24080.18090.21610.11210.14440.1265PPOP0.29260.25170.21940.25660.23040.21140.13450.0818減值損失9.14780.31750.32280.08120.45090.28730.40190.25540.0595總利潤0.27900.21300.29460.15100.19950.10780.06880.0939歸母凈利潤0.27860.24850.28490.14790.22490.13200.08650.1053不良貸款6.79930.18230.17870.13290.31610.25690.20530.21180.0806關(guān)注貸款7.07910.06490.11610.08890.26670.34760.16330.45130.1961不良+關(guān)注6.96060.11460.14260.10750.28760.30920.18110.34990.1472逾期貸款8.17510.17200.14470.13530.79480.36670.30520.39410.1186金融投資第三階段0.39480.01193.73040.8479不良&關(guān)注貸款&金融投資三階段7.50650.18320.16070.10060.53510.36780.22900.32470.1366總撥備9.29130.27310.26740.26690.30210.32180.21530.18530.1110貸款撥備8.20920.19330.25710.24400.23760.25710.17710.18470.1087金融投資撥備21.00330.49140.23940.73450.70050.00600.0903RWA0.23340.21490.27050.27300.26290.18840.19050.1473核心一級資本8.34770.18210.19380.23020.20240.28860.14870.13960.1156員工數(shù)6.85480.20360.22180.23170.23580.24860.13200.13200.16480.14660.1466注：最右兩列為各行指標(biāo)2020年到2024年、2025年中的增長率敬請閱讀末頁的重要說明圖11：25H1末各農(nóng)商行主要指標(biāo)占上市銀行比例（%）2025/6/30農(nóng)商行渝農(nóng)滬農(nóng)常熟青農(nóng)無錫張家港紫金蘇農(nóng)瑞豐江陰總資產(chǎn)（億元）55,15616,30115,4944,0125,0522,7282,2382,7212,2322,3012,076總資產(chǎn)1.71650.50730.48220.12490.15720.08490.06960.08470.06950.07160.0646總貸款1.61030.41480.41970.13630.14760.09080.07920.10400.07390.07280.0712對公貸款1.57670.37900.41950.08700.15920.10690.07460.11900.07980.06540.0864個人貸款1.48570.47560.33260.21580.12680.03700.06940.06020.04650.08940.0325個人住房貸款0.87090.26040.32250.03850.07830.03340.02680.04300.02050.02650.0211總存款1.83030.47440.52130.14760.15470.10870.08330.10180.08240.08000.0763活期存款1.26430.30790.43550.07390.11020.06080.04510.05920.06290.04940.0593對公存款1.12220.14790.47570.06690.08780.07160.05030.06990.05590.04240.0538對公定期0.89760.09250.37030.05570.07230.07730.05210.06760.03650.03240.0409對公活期1.37990.21180.59680.07970.10550.06480.04810.07240.07840.05380.0687個人存款2.38490.78280.53860.19410.21660.12920.10000.12380.09800.11050.0913個人定期2.96430.94400.67940.25240.26250.16280.12680.16100.12300.14110.1113個人活期1.11740.43010.23060.06660.11630.05570.04120.04250.04330.04370.0475投資類資產(chǎn)1.95800.66850.57800.11410.18370.08420.06300.05320.06830.07830.0667AC類1.35040.48710.37430.08740.12150.07710.03360.01810.05430.05470.0425非AC類2.77140.91140.85080.14970.26710.09370.10240.10030.08710.10980.0991總營收1.86650.50410.45980.20730.19670.09050.08910.08180.07800.07720.0821利息收入1.84630.53000.48070.18330.17630.08900.07710.09120.07170.08070.0663利息支出1.80050.49250.49100.14540.17600.09130.07820.10230.07530.08450.0641凈利息收入1.89800.57240.46910.22610.17660.08660.07570.07860.06780.07640.0687凈手續(xù)費0.75130.19040.29170.03460.13310.02010.01480.02970.01130.01320.0122其他非息收入2.71350.47890.56680.27650.34200.17000.21400.14230.18230.13740.2034管理費用1.84790.48260.46110.25810.17860.07470.08940.08830.07050.07440.0702PPOP1.95370.53350.47680.19790.21210.10110.09320.08220.08430.08200.0907減值損失1.40110.25340.12340.21230.27470.07300.10650.08180.04220.11040.1234總利潤2.25430.68580.66900.19010.17810.11640.08600.08230.10730.06660.0729歸母凈利潤2.27380.69980.63740.17900.19400.12540.09040.08290.10710.08090.0769不良貸款1.40630.39480.33080.08470.21040.05790.06060.10530.05410.05800.0496關(guān)注貸款1.74030.36670.44480.12820.43790.02870.06190.09800.05680.07020.0470不良+關(guān)注1.59880.37860.39650.10980.34160.04110.06130.10110.05570.06510.0481逾期貸款1.73190.40580.41330.15380.29490.05460.09030.10610.06260.09800.0527金融投資第三階段0.92850.61250.18520.1308不良&關(guān)注貸款&金融投資三階段1.55070.39540.36800.10190.31700.03810.05690.10720.05170.06980.0446總撥備1.95480.59280.46610.17050.21140.10410.09010.08690.07820.08190.0728貸款撥備1.98830.58870.46690.17380.21970.10320.09750.08850.08780.08280.0793金融投資撥備1.59860.74000.10340.15120.10030.15460.11630.09770.00570.10060.0288RWA1.83290.52500.46740.15250.17540.09540.08450.09750.08320.07900.0731核心一級資本2.00970.60210.58490.14100.15990.09940.07750.09240.07800.08800.0866員工數(shù)1.98980.54760.45440.28640.22610.06740.08740.09440.07610.08420.0659注：最右兩列為各行指標(biāo)2020年到2024年、2025年中的增長率敬請閱讀末頁的重要說明圖12：各國有行主要指標(biāo)占上市銀行比例變動情況2025-06-30【較】2020-12-31【增幅】國有行工商建設(shè)農(nóng)業(yè)郵儲交通總資產(chǎn)（億元）58.38%56.90%57.94%72.23%50.76%60.22%44.29%總資產(chǎn)3.55%2.58%3.26%-1.43%4.75%-5.67%總貸款4.85%2.93%4.08%3.21%5.95%-2.29%對公貸款2.75%-1.71%-1.00%5.49%22.79%-7.28%個人貸款2.60%-1.35%-4.65%-5.88%9.40%個人住房貸款-1.93%-3.58%-4.61%-3.30%-3.50%3.76%總存款0.36%-1.92%-1.27%4.59%3.88%-7.28%活期存款-1.59%-11.53%2.92%0.01%-3.37%-9.98%對公存款0.58%-2.36%-2.93%4.74%8.37%-9.96%對公定期6.41%4.26%-2.35%32.04%8.25%55.05%-13.15%對公活期-2.16%-7.46%-1.75%-4.27%-12.53%個人存款-3.43%-2.87%0.15%-3.53%-2.04%-10.72%3.16%個人定期-3.25%-2.52%-1.11%2.89%-2.24%-14.10%3.46%個人活期-1.91%0.80%2.33%-4.76%5.09%-15.20%-4.78%投資類資產(chǎn)4.96%4.19%-3.02%-15.98%AC類9.18%24.79%-12.41%-5.11%-9.48%非AC類-7.23%-0.26%8.15%25.02%-24.92%總營收-0.55%-10.90%-3.94%3.54%7.13%-0.24%利息收入5.86%5.88%0.53%-0.30%-0.45%利息支出20.53%5.55%22.03%25.10%-6.00%-10.98%凈利息收入0.94%-4.10%-1.53%2.50%2.16%8.55%9.96%凈手續(xù)費-2.61%8.53%31.58%95.57%-13.48%其他非息收入-17.20%-47.63%-23.62%7.25%69.46%-31.74%管理費用-0.03%-3.89%-6.85%-1.69%0.49%8.92%PPOP0.99%-7.93%-0.60%8.47%3.95%21.31%-2.80%減值損失24.25%30.23%5.91%-5.57%總利潤-8.62%-19.14%-13.65%-3.50%-1.05%35.62%-13.52%歸母凈利潤-7.15%-17.60%-7.41%0.04%-5.59%-8.97%不良貸款5.96%3.87%6.63%9.84%4.81%32.35%-10.14%關(guān)注貸款-2.27%6.77%-23.31%-6.71%-4.61%32.41%不良+關(guān)注5.56%-12.98%0.54%-0.47%90.83%9.35%逾期貸款7.31%24.80%3.87%5.49%62.15%-11.88%金融投資第三階段-15.83%945.24%-33.56%-7.67%-27.91%-19.49%不良&關(guān)注貸款&金融投資三階段-0.12%4.53%-14.19%-0.75%-1.95%75.66%8.61%總撥備6.60%24.01%6.29%9.55%-7.17%-24.89%貸款撥備7.26%7.57%4.70%-24.00%金融投資撥備314.34%-24.38%-14.70%-45.73%-30.78%26.58%RWA-0.84%-5.76%-0.10%-0.05%-4.30%3.01%核心一級資本-0.60%-5.53%0.11%-4.29%21.93%3.05%員工數(shù)-3.65%-9.63%3.17%-5.16%-3.13%-1.67%注1：最右兩列為各行指標(biāo)2020年到注2：第一行為各銀行總資產(chǎn)2020年到2025年中的增長率敬請閱讀末頁的重要說明圖13：各股份行主要指標(biāo)占上市銀行比例變動情況股份行招商興業(yè)光大平安浙商總資產(chǎn)（億元）總資產(chǎn)對公貸款4.06%個人貸款個人住房貸款總存款活期存款4.14%對公存款對公定期對公活期4.26%個人存款個人定期個人活期投資類資產(chǎn)49.10%總營收利息收入4.87%利息支出凈利息收入凈手續(xù)費其他非息收入401.97%46.66%管理費用PPOP減值損失44.57%總利潤歸母凈利潤4.63%不良貸款關(guān)注貸款不良+關(guān)注46.15%逾期貸款金融投資第三階段402.48%不良&關(guān)注貸款&金融投資三階段總撥備貸款撥備金融投資撥備45.00%RWA核心一級資本4.00%員工數(shù)注1：最右兩列為各行指標(biāo)2020年到注2：第一行為各銀行總資產(chǎn)2020年到2025年中的增長率敬請閱讀末頁的重要說明圖14：各城商行主要指標(biāo)占上市銀行比例變動情況-12025-06-30【較】2020-12-31【增幅】城商行江蘇北京寧波上海南京杭州成都長沙重慶總資產(chǎn)（億元）75.45%104.82%63.72%113.33%33.77%91.25%91.20%110.32%77.13%75.09%總資產(chǎn)14.71%33.91%7.04%39.47%-12.54%25.04%25.00%37.51%15.80%14.47%總貸款16.27%28.43%-3.15%54.51%-16.90%30.59%32.55%86.96%21.51%12.61%對公貸款18.50%47.86%-10.97%56.40%-23.79%30.46%38.72%93.73%37.13%32.91%個人貸款12.82%13.33%11.34%56.65%-14.53%27.61%21.92%36.38%13.66%-21.00%個人住房貸款12.76%5.13%-7.54%297.23%18.84%10.69%39.30%28.44%15.28%-1.76%總存款16.51%30.08%8.47%51.15%-8.20%17.04%28.73%47.63%11.30%15.57%活期存款7.83%47.09%-8.01%53.69%3.33%-25.08%18.50%16.70%0.23%-14.05%對公存款15.75%27.10%10.01%75.17%-7.33%12.47%31.50%28.12%-11.84%-7.40%對公定期13.53%0.50%31.75%79.09%-18.90%0.21%51.42%42.42%-15.27%-8.05%對公活期13.28%62.52%-11.79%53.45%4.05%14.71%22.39%24.05%-5.34%-20.06%個人存款33.20%50.73%16.96%49.76%8.77%55.12%58.11%74.91%37.73%35.80%個人定期26.92%45.28%8.60%29.67%-0.83%51.28%60.57%76.26%48.56%20.81%個人活期-1.96%4.50%22.77%88.48%14.40%-76.87%27.73%1.37%10.13%18.32%投資類資產(chǎn)7.89%36.97%4.06%21.38%-14.49%17.37%23.07%-7.39%-1.21%30.51%AC類-13.11%-14.63%-28.51%46.54%-13.23%-17.67%-0.36%-20.55%-19.51%33.16%非AC類27.45%92.76%54.90%-0.59%-15.09%52.75%50.08%10.84%27.16%24.30%總營收28.17%58.80%3.73%66.45%-0.77%52.17%49.17%54.76%35.38%8.10%利息收入11.63%29.95%-8.92%58.30%-15.55%22.49%26.19%56.48%12.97%4.78%利息支出-1.44%-0.41%-17.14%37.31%-22.10%11.82%16.48%48.78%0.07%0.41%凈利息收入26.02%76.15%-0.93%82.65%-10.58%30.62%34.34%63.33%27.71%4.84%凈手續(xù)費-3.89%13.41%-25.16%-15.66%-29.96%7.59%47.81%29.14%131.60%-32.93%其他非息收入35.85%6.41%47.04%47.23%19.08%103.70%118.40%10.50%36.53%77.61%管理費用24.92%50.10%22.28%32.86%15.03%33.82%36.09%49.96%22.48%25.48%PPOP26.29%57.93%-3.84%82.44%-7.07%56.72%50.84%52.92%37.85%1.12%減值損失2.30%5.90%-21.27%136.52%-40.13%42.13%-62.97%-25.56%69.45%-5.38%總利潤45.92%123.01%13.10%55.42%13.50%57.67%164.76%84.34%20.52%5.18%歸母凈利潤39.67%108.01%8.49%51.98%-1.91%49.15%153.04%70.06%25.56%11.64%不良貸款11.69%-2.04%-3.40%77.47%-3.54%43.30%12.94%8.14%41.05%25.07%關(guān)注貸款31.44%41.33%53.13%281.65%6.57%37.37%41.78%44.64%78.63%-6.17%不良+關(guān)注22.48%19.98%20.41%156.17%2.63%39.93%23.05%20.34%67.01%3.20%逾期貸款3.50%15.27%-22.78%69.03%-18.22%40.33%-5.34%2.35%61.22%-26.32%金融投資第三階段-14.65%-47.78%-83.52%-74.51%86.27%41.16%-62.35%-25.10%-47.26%不良&關(guān)注貸款&金融投資三階段18.02%9.12%3.41%149.21%16.40%40.96%14.86%18.76%48.60%-1.55%總撥備0.83%-13.89%-13.44%12.22%-15.27%-6.83%35.83%24.86%27.04%-10.87%貸款撥備1.97%13.83%-21.20%18.21%-34.18%2.60%12.76%50.15%34.33%-9.60%金融投資撥備-4.68%-67.63%8.74%-54.97%82.95%-43.72%120.81%-68.44%-7.22%-11.88%RWA17.49%40.49%3.82%46.66%-10.89%36.48%27.84%56.42%11.77%5.61%核心一級資本11.66%22.64%-9.94%41.46%-2.08%23.30%38.90%38.38%20.20%5.46%員工數(shù)18.77%24.75%24.45%6.31%5.38%39.87%50.63%14.78%22.88%16.70%注1：最右兩列為各行指標(biāo)2020年到注2：第一行為各銀行總資產(chǎn)2020年到2025年中的增長率敬請閱讀末頁的重要說明20圖15：各城商行主要指標(biāo)占上市銀行比例變動情況-22020-12-31【增幅】城商行青島齊魯鄭州貴陽廈門總資產(chǎn)（億元）25.54%40.69%總資產(chǎn)27.19%22.71%對公貸款45.70%45.35%25.64%個人貸款21.82%2.05%個人住房貸款4.39%41.86%21.09%21.94%總存款26.37%活期存款22.10%24.36%對公存款25.03%對公定期25.73%22.37%23.25%22.58%對公活期27.20%25.47%個人存款42.55%個人定期26.92%28.59%42.00%4.36%個人活期4.20%投資類資產(chǎn)AC類45.59%非AC類27.45%總營收28.17%利息收入利息支出22.78%4.27%凈利息收入26.02%24.21%25.06%凈手續(xù)費48.30%其他非息收入29.28%291.13%管理費用24.92%PPOP26.29%45.67%減值損失2.30%總利潤45.92%歸母凈利潤不良貸款26.12%25.69%關(guān)注貸款47.28%不良+關(guān)注22.48%20.20%逾期貸款47.38%金融投資第三階段619.21%不良&關(guān)注貸款&金融投資三階段21.42%24.11%總撥備41.74%2.36%23.35%貸款撥備20.09%金融投資撥備233.47%44.62%RWA22.98%21.43%20.47%核心一級資本29.04%員工數(shù)28.12%28.32%注1：最右兩列為各行指標(biāo)2020年到注2：第一行為各銀行總資產(chǎn)2020年到2025年中的增長率敬請閱讀末頁的重要說明21圖16：各農(nóng)商行主要指標(biāo)占上市銀行比例變動情況農(nóng)商行總資產(chǎn)（億元）對公貸款對公存款對公定期對公活期投資類資產(chǎn)管理費用PPOP減值損失歸母凈利潤不良貸款關(guān)注貸款不良+關(guān)注逾期貸款金融投資第三階段不良&關(guān)注貸款&金融投資三階段金融投資撥備RWA核心一級資本注1：最右兩列為各行指標(biāo)2020年到注2：第一行為各銀行總資產(chǎn)2020年到2025年中的增長率敬請閱讀末頁的重要說明22四、各家上市銀行市占率變化情況圖17：工商銀行主要指標(biāo)占上市銀行比例（%）工商/上市銀行2020A2021A2022A2023A2024A2025H120A~24A增幅20A~25H1增幅總資產(chǎn)（億元）333,451351,714396,097446,971488,217523,17946.41%56.90%總資產(chǎn)2.58%總貸款2.46%2.93%對公貸款-0.59%-1.71%個人貸款-1.90%-1.35%個人住房貸款-2.64%-3.58%總存款-1.97%-1.92%活期存款-8.28%-11.53%對公存款-2.72%-2.36%對公定期2.68%4.26%對公活期-6.41%-7.46%個人存款-2.26%-2.87%個人定期-2.41%-2.52%個人活期0.80%投資類資產(chǎn)8.10%AC類非AC類9.97737.89%總營收-11.28%-10.90%利息收入5.80%5.88%利息支出20.05%20.53%凈利息收入-3.86%-4.10%凈手續(xù)費-5.18%-2.61%其他非息收入9.3239-51.39%-47.63%管理費用-4.16%-3.89%PPOP-8.23%-7.93%減值損失-14.83%總利潤-10.92%-19.14%歸母凈利潤-7.98%-17.60%不良貸款3.29%3.87%關(guān)注貸款6.77%不良+關(guān)注7.42%5.56%逾期貸款2.75%7.31%金融投資第三階段0.08230.10190.82840.70130.79670.8603867.93%945.24%不良&關(guān)注貸款&金融投資三階段5.48%4.53%總撥備20.47%24.01%貸款撥備9.88%金融投資撥備2.41752.61018.03309.60629.7588303.68%314.34%RWA-4.43%-5.76%核心一級資本-2.87%-5.53%員工數(shù)-9.75%-9.63%注：最右兩列為各行指標(biāo)2020年到2024年、2025年中的增長率敬請閱讀末頁的重要說明23圖18：建設(shè)銀行主要指標(biāo)占上市銀行比例（%）建設(shè)/上市銀行2020A2021A2022A2023A2024A2025H120A~24A增幅20A~25H1增幅總資產(chǎn)（億元）281,323302,540346,019383,248405,711444,32844.22%57.94%總資產(chǎn)0.28%3.26%總貸款3.80%4.08%對公