目錄相關(guān)表 3行業(yè)公動(dòng)跟蹤 5主要聞 5主要告 5周度據(jù)蹤 6風(fēng)險(xiǎn)示 2of14相關(guān)圖表營收同比增速較25H1增速變化(pc)歸母凈利潤同比增速較25H1增速變化(pc)不良率營收同比增速較25H1增速變化(pc)歸母凈利潤同比增速較25H1增速變化(pc)不良率環(huán)比(bp)撥備覆蓋率環(huán)比(bp)工商銀行2.2%+0.6pc0.3%+1.7pc1.33%+0217.2%-0.5pc建設(shè)銀行0.8%-1.3pc0.6%+2.0pc1.32%-1235.1%-4.3pc農(nóng)業(yè)銀行2.0%+1.1pc3.0%+0.4pc1.27%-1295.1%+0.1pc中國銀行2.7%-1.1pc1.1%+1.9pc1.24%持平196.6%-0.8pc交通銀行1.8%+1.0pc1.9%+0.3pc1.26%-2210.0%+0.4pc郵儲(chǔ)銀行1.8%+0.3pc1.0%+0.1pc0.94%+2240.2%-20.1pc招商銀行-0.5%+1.2pc0.5%+0.3pc0.94%+1405.9%-5.0pc中信銀行-3.5%-0.5pc3.0%+0.2pc1.16%持平204.2%-3.4pc浦發(fā)銀行1.9%-0.7pc10.2%+0.0pc1.29%-2198.0%+4.1pc民生銀行6.7%-1.1pc-6.4%-1.5pc1.48%持平143.0%-2.1pc興業(yè)銀行-1.8%+0.5pc0.1%-0.1pc1.08%持平227.8%-0.7pc光大銀行-7.9%-2.4pc-3.6%-4.2pc1.26%+1168.9%-3.6pc華夏銀行-8.8%-2.9pc-2.9%+5.1pc1.58%-2149.3%-7.3pc平安銀行-9.8%+0.3pc-3.5%+0.4pc1.05%持平229.6%-8.9pc浙商銀行-6.8%-1.0pc-9.6%-5.4pc1.36%+0159.6%-10.2pc北京銀行-1.1%-2.1pc0.3%-0.9pc1.29%-1195.8%+0.0pc南京銀行8.8%+0.2pc8.1%-0.8pc0.83%-1313.2%+1.6pc寧波銀行8.3%+0.4pc8.4%+0.2pc0.76%持平375.9%+1.8pc上海銀行4.0%-0.1pc2.8%+0.8pc1.18%持平254.9%+11.3pc貴陽銀行-13.7%-1.5pc-1.4%+5.8pc1.63%-7239.6%+1.0pc杭州銀行1.4%-2.5pc14.5%-2.1pc0.76%持平513.6%-7.2pc江蘇銀行7.8%+0.1pc8.3%+0.3pc0.84%持平322.6%-8.4pc成都銀行3.0%-2.9pc5.0%-2.3pc0.68%+2433.1%-19.6pc鄭州銀行3.9%-0.7pc1.6%-0.5pc1.76%持平186.2%+7.0pc長沙銀行1.3%-0.3pc6.0%+0.9pc1.18%+1311.9%+2.2pc青島銀行5.0%-2.5pc15.5%-0.5pc1.10%-2270.0%+17.2pc西安銀行39.1%-4.6pc5.5%-3.1pc蘇州銀行2.0%+0.2pc7.1%+1.0pc0.83%持平420.6%-17.3pc廈門銀行3.0%+10.0pc0.3%+4.8pc0.80%-3304.4%-17.3pc齊魯銀行4.6%-1.1pc15.1%-1.3pc1.09%持平351.4%+8.2pc重慶銀行10.4%+3.4pc10.2%+4.8pc1.14%-3248.1%-0.2pc蘭州銀行-2.1%-0.3pc0.6%-0.2pc1.80%-1194.0%-13.9pc無錫銀行3.9%+0.4pc3.8%+0.3pc0.78%+0427.9%+3.0pc常熟銀行8.2%-1.9pc12.8%-0.7pc0.76%持平463.0%-26.6pc江陰銀行6.2%-4.3pc13.4%-3.2pc0.85%-1371.9%-9.3pc蘇農(nóng)銀行0.1%-0.1pc5.0%-0.2pc0.90%+0355.9%-31.0pc張家港行1.2%-0.5pc5.8%+0.7pc0.94%-0355.1%-28.9pc紫金銀行-5.4%-5.9pc-10.9%-11.0pc1.35%+11184.8%-15.7pc青農(nóng)商行-4.9%-3.1pc3.6%-1.7pc1.73%-2250.4%+1.4pc滬農(nóng)商行-3.2%+0.2pc0.8%+0.2pc0.97%持平340.1%+3.5pc渝農(nóng)商行0.7%+0.2pc3.7%-0.9pc1.12%-5364.8%+9.2pc瑞豐銀行1.0%-2.9pc5.8%+0.3pc0.98%持平345.0%+4.8pc國有行1.9%+0.01pc1.2%+1.3pc1.26%-0.2234.9%-2.5pc股份行-2.6%-0.3pc-0.2%-0.4pc1.20%-0.1217.5%-2.5pc城商行4.7%-0.5pc6.7%-0.1pc1.03%-0.8288.9%+1.0pc-0.8pc1.07%-0.6334.8%-2.3pc上+0.7pc1.23%-0.2236.2%-2.2pc，3%5.4.6%-0.6%--3%5.4.6%-0.6%-----93%6.8%上市銀行6%-1.3.9%0.1%-----76%4.8%農(nóng)商行0%2.-18.8%.3%10-----115%5%11.城商行1%2.-11.3%-0.9%-----67%2.7%股份行.9%235.9%-2.0%-----94%7.6%國有行4%6.-1162.7%6.1%+3持平-4-11.49%15%2.0%瑞豐銀行4%2.-27%6.-16.9%-1-1持平-21.59%170%8.9%渝農(nóng)商行9%3.-1.2%-5.1%-----28%1.6%滬農(nóng)商行0%3.-22.5%2.1%持平-3-3-61.61%14%0.6%青農(nóng)商行.5%575%41.-17.3%-1-5-19-251.17%30%1.9%紫金銀行.1%2076.6%-8.4%-1持平-19-201.42%88%6.6%張家港行1%7.3%21.-3.8%-----123%6.7%蘇農(nóng)銀行.9%212%-19.1.2%+2+3-25-201.56%89%6.3%江陰銀行.0%20364.7%2.4%-1-3-10-142.57%86%6.6%常熟銀行.5%11-4.6%1.5%-----90%7.8%無錫銀行9%5.-11%1.-12.2%+1-9+3-51.38%173%5.6%蘭州銀行8%5.6%-27.2%15.-----167%18.3%重慶銀行.1%-38-1.4%3%17.+1--+31.54%124%13.6%齊魯銀行2%-3.0%16.3.6%------14.1%廈門銀行6%4.-10.5%8.9%+1-1-4-41.34%88%6%10.蘇州銀行1%8.-10.6%61.6%-----188%27.2%西安銀行5%5.-1-3.5%.0%12-4-5+4-51.68%85%2%10.青島銀行.8%169.3%-2.9%-----108%3%11.長沙銀行0%-4.-7.1%5.8%-----70%4.9%鄭州銀行0%3.-12%-35.8.2%-----90%14.2%成都銀行1%4.-20%20.6%19.-----185%17.9%江蘇銀行7%4.-26%12..0%10-----68%9.4%杭州銀行7%0.-2.6%-8-12.3%+4-1-21-181.57%44%1.9%貴陽銀行.7%14.9%-60.5%-----125%2.6%上海銀行0%-9.3%29..8%11持平-4-6-101.76%108%16.3%寧波銀行2%6.-18.5%28.5%-----99%3%12.南京銀行0%6.-19%16.1.8%-----84%7.4%北京銀行8%1.-14%-22.-3.2%-2-7+5-41.67%34%2.6%浙商銀行1%4.-2-0.1%-8.2%-1-3-4-81.79%-1.3%平安銀行.6-2-41.55%122%2.9%華夏銀行.5%-322.2%.1%-----63%2.4%光大銀行3%-9.3.8%-0.6%-3-5-2-101.72%92%4.4%興業(yè)銀行.6%360.7%2.4%+3-2+2+31.42%--0.3%民生銀行7%-2.-1.4%3.9%-----75%5.2%浦發(fā)銀行0%7.-15.7%-2.1%持平-2-12-141.63%28%1.1%中信銀行4%1.-10.9%1.7%-1-3-7-111.87%65%3.6%招商銀行.5%275%11.-2.1%-2-1-16-191.68%97%8.3%郵儲(chǔ)銀行1%4.0.2%1.5%-1-2-4-71.20%86%6.0%交通銀行.2%228.1%-3.0%持平-3-11-141.26%108%8.2%中國銀行.7%313%13.-2.4%-2-2-8-121.30%90%8.3%農(nóng)業(yè)銀行.0%315.3%-3.0%-4-1-10-151.36%92%7.1%建設(shè)銀行.6%270.6%-0.7%-2-3-9-141.28%91%7.3%工商銀行其他非息同比增速中收同比增速凈利息收入同比增速25Q3變化25Q2變化其中：25Q1變化較24A變化(bp)凈息差25Q1-Q3貸款增量/24A貸款增量貸款較年初增速，行業(yè)及公司動(dòng)態(tài)跟蹤主要新聞【證監(jiān)會(huì)】主席吳清：著力發(fā)揮中長期資金壓艙石和穩(wěn)定器作用，扎實(shí)推進(jìn)公募基金改革，推動(dòng)企業(yè)年金、保險(xiǎn)資金等全面落實(shí)長周期考核?！颈ｋU(xiǎn)業(yè)協(xié)會(huì)】當(dāng)前普通型人身保險(xiǎn)產(chǎn)品預(yù)定利率研究值為1.90%（7月為1.991-90.9%1.6%。105（主要公告【郵儲(chǔ)銀行】國家金融監(jiān)管總局同意本行籌建中郵投資公司，注冊(cè)資本為100億元，將作為本行全資一級(jí)子公司管理。25.44168.572025101.43.69202531.91%。【建設(shè)銀行】建信金租全資子公司建信航運(yùn)航空注冊(cè)資本由3億美元變更為3億美元和30億元人民幣?！咎K州銀行】2025年中期利潤分配方案公告，每10股派發(fā)2.10元，占2025年半年度歸母凈利潤的29.95%?！九d業(yè)銀行】2025年中期利潤分配方案公告，每10股派發(fā)5.65元，占2025年半年度歸母凈利潤的27.72%?！竞贾葶y行】2025年中期利潤分配方案公告，每10股派發(fā)3.80元，占2025年半年度歸母凈利潤的23.62%。【農(nóng)業(yè)銀行】2025年無固定期限資本債券發(fā)行完畢，發(fā)行規(guī)模400億元，前5年票面利率為2.27%。【】首席風(fēng)險(xiǎn)官鐘德勝先生因工作原因辭任。所周度數(shù)據(jù)跟蹤8.06.04.0-2.0-4.0-6.0-8.0-10.0-12.0-14.0廈重寧中貴青長渝農(nóng)常紫杭滬郵民西光江成浦8.06.04.0-2.0-4.0-6.0-8.0-10.0-12.0-14.0廈重寧中貴青長渝農(nóng)常紫杭滬郵民西光江成浦門慶波國陽島沙農(nóng)業(yè)熟金州農(nóng)儲(chǔ)生安大陰都發(fā)銀銀銀銀銀銀銀商銀銀銀銀商銀銀銀銀銀銀銀行行行行行行行行行行行行行行行行行行行行漲跌幅前10 漲跌幅后10，圖4：2025/10/27-2025/10/31銀行板塊表現(xiàn)（%）43210-1-2-3-4基電綜礎(chǔ)力合化設(shè)金工備融及 務(wù)新能源，

綜計(jì)有鋼農(nóng)合算色鐵林機(jī)金 牧屬 漁

家紡醫(yī)電織藥服 運(yùn)裝 輸

電汽商石機(jī)傳力車貿(mào)油械媒及零石公 售用事業(yè)

輕國食滬煤非房建電銀通工防品深炭銀地筑子行信制軍飲行產(chǎn)300造工料金融300圖資金市場(chǎng)利率近期勢(shì) 圖6：3個(gè)月期同業(yè)存單行率走勢(shì)（分評(píng)級(jí)）3.0%2.5%2.0%1.5%2023-092023-112023-092023-112024-012024-032024-052024-072024-092024-112025-012025-032025-052025-072025-09

10銀行間同業(yè)拆借加權(quán)利率:7天

2.9%2.7%2.5%2.3%2.1%1.9%1.7%2023-092023-112023-092023-112024-012024-032024-052024-072024-092024-112025-012025-032025-052025-072025-09

AAA AA+ AA及以下， ，圖7：銀行票據(jù)轉(zhuǎn)貼價(jià)格走勢(shì)3.00%

6M國股轉(zhuǎn)利率 6M城商轉(zhuǎn)利率2.50%2.00%1.50%1.00%0.50%2023-012023-022023-012023-022023-032023-042023-052023-062023-072023-082023-092023-102023-112023-122024-012024-022024-032024-042024-052024-062024-072024-082024-092024-102024-112024-122025-012025-022025-032025-042025-052025-062025-072025-082025-092025-10普蘭金融，圖股票日均成交金額兩余額（億元） 圖股權(quán)融資和債券融規(guī)（億元）2023-092023-112023-092023-112024-012024-032024-052024-072024-092024-112025-012025-032025-052025-072025-09

成交金（億） 兩融余（萬元，軸

2.72.52.32.11.91.71.51.3

0

債券承銷 股權(quán)承（右

6,0005,0004,0003,0002,0001,00002023-092023-112023-092023-112024-012024-032024-052024-072024-092024-112025-012025-032025-052025-072025-09圖10：2025年各省已發(fā)行特殊再融資債規(guī)模及平均利率（億元，%）地區(qū)發(fā)行規(guī)模平均發(fā)行利率地區(qū)發(fā)行規(guī)模平均發(fā)行利率江蘇25111.84江西5512.12湖南12881.93廣西5152.29貴州13242.20福建5022.01山東12552.07黑龍江4842.01河南11612.17甘肅4431.84四川11482.03吉林3852.19安徽9801.99山西3851.97湖北9822.10河北4222.18云南8782.00新疆2162.131.89寧夏1382.022.12西藏1372.19遼寧8262.18海南1122.09重慶7541.82青海732.00內(nèi)蒙古5722.19北京471.60陜西5641.99合計(jì)204192.03，圖11：2024年10月以來各類銀行同業(yè)存單發(fā)行情況發(fā)行量（億元）2024-102024-112024-122025-012025-022025-032025-042025-052025-062025-072025-082025-092025-10國有大行3,7934,8878,6744,4408,92416,7569,09611,32610,7287,4558,62311,5744,772股份行4,8718,45812,4303,4959,09910,3557,9165,5079,6866,3276,7008,21311,754城商行6,2989,32511,4656,1978,29011,3019,0787,77311,8008,5238,7349,9418,226農(nóng)商行1,3472,1781,7679299521,5781,9832,2812,1982,0311,8791,5421,490銀行整體16,46225,24534,70415,21427,60740,41828,51227,53934,71024,78726,77731,62626,404發(fā)行利率（） 2024-102024-112024-122025-012025-022025-032025-042025-052025-062025-072025-082025-092025-10國有大行1.921.861.671.641.891.981.761.671.651.611.601.631.62股份行1.931.881.691.671.892.001.781.681.651.601.611.631.64城商行1.971.921.771.741.932.041.811.701.691.631.621.641.65農(nóng)商行1.1.962.061.811.701.691.651.651.681.66銀行整體1.1.912.011.791.681.671.621.611.641.64余額（億元） 2024-102024-112024-122025-012025-022025-032025-042025-052025-062025-072025-082025-092025-10國有大行59,14159,31762,15962,19165,05774,68577,62280,59976,98474,83172,58572,39872,603股份行55,92457,14564,49364,06466,32166,87366,35765,07861,92159,97058,61757,38963,639城商行50,07551,23254,49856,33557,19857,99658,83159,38759,48159,72059,16957,58058,766農(nóng)商行10,83811,29511,48311,68511,15211,11211,32111,30211,27311,34111,37111,01011,322銀行整體177,102180,238193,986195,664201,121212,002215,701218,231211,170207,461203,535199,643207,613，圖12：非貨幣基金發(fā)行情（份） 圖13：股票型和混合型基發(fā)情況（億份）2024-092024-102024-092024-102024-112024-122025-012025-022025-032025-042025-052025-062025-072025-082025-092025-10

非貨幣型基金發(fā)行份額(億)

0

股票型金 混合型金 非貨幣基金2024-092024-102024-092024-102024-112024-122025-012025-022025-032025-042025-052025-062025-072025-082025-092025-10圖14：銀行轉(zhuǎn)債距離強(qiáng)制轉(zhuǎn)股價(jià)空間（元）轉(zhuǎn)債代價(jià)格轉(zhuǎn)股價(jià)轉(zhuǎn)股截止日強(qiáng)贖價(jià)距離強(qiáng)贖價(jià)空間未轉(zhuǎn)股金額（億元）未轉(zhuǎn)股金額/按強(qiáng)贖價(jià)計(jì)算的流通市值113062.SH常銀轉(zhuǎn)債常熟銀行601128.SH7.055.892028-09-147.668.61%6023.6%113042.SH上銀轉(zhuǎn)債上海銀行601229.SH9.498.572027-01-2411.1417.40%20012.6%113056.SH重銀轉(zhuǎn)債重慶銀行601963.SH10.679.672028-03-2212.5717.82%13029.9%113052.SH興業(yè)轉(zhuǎn)債興業(yè)銀行601166.SH20.2321.192027-12-2627.5536.17%4147.1%128129.SZ青農(nóng)轉(zhuǎn)債青農(nóng)商行002958.SZ3.224.002026-08-245.2061.49%5017.7%113037.SH紫銀轉(zhuǎn)債紫金銀行601860.SH2.833.652026-07-224.7567.67%4526.7%，圖15：銀行板塊部分個(gè)股估值情況銀行板塊PBPEA股股息率年初至日成PBH股PE股息率2024分紅2025中期分紅利潤增速撥備覆蓋距轉(zhuǎn)債強(qiáng)贖價(jià)空間202520252025今漲跌交額202520252025比例率工商銀行0.717.63.97%17.1%28.60.505.35.63%30%30%0.3%217%建設(shè)銀行0.667.14.24%8.7%11.90.515.45.52%30%30%0.6%235%農(nóng)業(yè)銀行1.019.63.13%55.8%30.40.686.54.61%30%30%3.0%295%中國銀行0.687.53.99%6.4%27.20.495.45.58%30%30%1.1%197%交通銀行0.526.74.52%-2.8%15.70.465.85.16%30%30%1.9%210%郵儲(chǔ)銀行0.687.93.79%6.2%13.60.596.94.36%30%30%1.0%240%0.896.94.92%8.5%28.80.977.54.53%34%0.5%406%中信銀行0.596.14.65%13.0%7.00.515.35.33%28%29%3.0%204%浦發(fā)銀行0.557.73.47%15.0%16.627%10.2%198%民生銀行0.305.74.60%-1.1%18.30.285.34.95%26%28%-6.4%143%興業(yè)銀行0.515.55.15%10.5%17.929%28%0.1%228%36%0.394.95.45%-9.6%19.90.344.36.26%27%-3.6%169%華夏銀行0.344.05.78%-10.6%4.623%14%-2.9%149%平安銀行0.485.15.18%1.9%11.027%18%-3.5%230%浙商銀行0.456.04.72%7.4%5.00.354.66.11%28%-9.6%160%北京銀行0.424.65.74%-4.6%13.326%0.3%196%南京銀行0.766.44.68%8.0%8.630%30%8.1%313%寧波銀行0.836.43.44%20.5%14.322%13%8.4%376%上海銀行0.545.65.41%9.3%5.330%32%2.8%255%17%貴陽銀行0.334.44.70%6.4%6.421%-1.4%240%杭州銀行0.785.94.01%9.2%11.123%24%14.5%514%江蘇銀行0.785.75.23%15.3%19.230%8.3%323%成都銀行0.795.35.57%3.0%6.629%5.0%433%鄭州銀行0.399.61.01%-3.4%2.10.235.61.74%10%1.6%186%長沙銀行0.534.64.65%14.7%2.822%19%6.0%312%青島銀行0.736.13.57%37.8%2.80.554.64.72%22%15.5%270%西安銀行0.486.42.71%10.4%4.417%5.5%219%蘇州銀行0.736.84.77%4.3%6.232%30%7.1%421%廈門銀行0.687.24.41%28.0%2.432%32%0.3%304%齊魯銀行0.686.53.98%13.3%7.526%15.1%351%重慶銀行0.656.64.28%19.8%1.80.444.56.23%28%12%10.2%248%18%蘭州銀行0.417.24.24%1.6%1.430%0.6%194%無錫銀0.921%18%3.8%428%常熟銀行0.745.43.64%7.8%5.520%25%12.8%463%9%江陰銀行0.585.14.77%14.4%2.824%13.4%372%蘇農(nóng)銀行0.535.13.32%12.9%1.317%15%5.0%356%張家港行0.565.54.77%8.9%1.326%25%5.8%355%紫金銀行0.517.23.15%2.9%1.923%-10.9%185%68%青農(nóng)商行0.476.03.86%9.3%1.723%3.6%250%61%滬農(nóng)商行0.606.65.10%5.1%1.734%33%0.8%340%渝農(nóng)商行0.586.64.57%19.9%3.40.495.55.42%30%3.7%365%瑞豐銀行0.535.33.86%1.2%0.720%5.8%345%銀行行業(yè)指數(shù)

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