Three Leading Jiangsu City Commercial Banks Compared: Bank of Jiangsu Leads in Profit, Bank of Nanjing in Revenue Growth, Bank of Suzhou in Risk Control

Deep News
12/05

In the first three quarters of 2025, all three listed city commercial banks in Jiangsu province reported positive growth. Among them, Bank of Nanjing (601009) ranked first in revenue growth, while Bank of Jiangsu (600919) led in net profit growth. Notably, Bank of Suzhou (002966) demonstrated the strongest asset quality and received simultaneous share purchases from both directors/supervisors and major shareholders.

During this period, the three banks maintained steady growth. In terms of operating performance, Bank of Jiangsu, Bank of Nanjing, and Bank of Suzhou all achieved positive growth in both revenue and net profit. Bank of Nanjing recorded the highest revenue growth rate, while Bank of Jiangsu topped in net profit attributable to shareholders.

Regarding asset quality, all three banks maintained non-performing loan ratios below 1%, with Bank of Nanjing and Bank of Suzhou tied at the lowest 0.83%. Their provision coverage ratios all exceeded 300%, with Bank of Suzhou leading at 420.59%.

All three banks saw share purchases by directors/supervisors or major shareholders. Bank of Nanjing received the largest proportion of purchases by major shareholders, while Bank of Suzhou was the only one with simultaneous purchases from both groups.

By the end of Q3 2025, the combined total assets of the three banks reached 8.67 trillion yuan, up 19.75% year-on-year. Bank of Jiangsu grew fastest at 24.68%, followed by Bank of Nanjing at 14.31%.

As of December 5, 2025, the dynamic dividend yields were 5.01% for Bank of Suzhou, 4.32% for Bank of Nanjing, and 2.04% for Bank of Jiangsu.

In profit metrics, Bank of Jiangsu's net profit attributable to shareholders grew 8.32% to 30.583 billion yuan, while Bank of Suzhou maintained the highest net profit margin at 49.08%. Net interest margins for the three banks stood at 1.74%, 1.46%, and 1.34% respectively.

Bank of Jiangsu led in both loan (17.87% growth) and deposit (20.22% growth) expansion, becoming the only one with both exceeding 2 trillion yuan. Bank of Nanjing had the highest non-interest income proportion at 39.91%.

In share purchases, Bank of Nanjing's four major shareholders collectively bought 5.62% of shares, the highest proportion among the three. Bank of Suzhou saw its major shareholder and related parties purchase 3.79% of shares, while directors/supervisors bought additional shares exceeding their planned minimum by 76.04%.

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