上半年券商投行业务回暖:头部稳坐、两极分化加深

财中社
Sep 09, 2025

2025年上半年,各大券商投行业务迎来“复苏”,Wind汇总显示,42家上市券商投行业务手续费净收入合计155.30亿元,较2024年同期的131.49亿元同比增长18.11%,但对总营收的贡献度仅约6.17%。另外,“马太效应”进一步放大:前五家合计收入占比近半,债券承销成为拉动主力,股权承销边修复边分化。规模回升,头部集中从规模来看,虽然42家上市券商合计投行净收入相比于2024年上半年明显...

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