然而，就在两个多月前，即8月8日，中国银行间市场交易商协会通报了包括常熟银行在内的4家银行涉嫌在国债二级市场交易中涉嫌操纵市场价格、利益输送，并对其启动了自律调查。Blue Whale News on October 25th (Reporters Jin Lei, Xiao Yang, Intern) On October 24th, jiangsu changshu rural commercial bank released its third quarter report for 2024, reporting revenue of 8.37 billion yuan during the reporting period, a year-on-year increase of 12.03%; achieving a net income attributable to the parent company of 1.734 billion yuan, a year-on-year increase of 19.58%.
From the perspective of revenue structure, in the first three quarters, jiangsu changshu rural commercial bank's net interest income was 6.903 billion yuan, a year-on-year increase of 6.15%. However, the bank's net interest margin was 2.59%, with a net interest spread of 2.75%, both decreasing by 11 basis points compared to the beginning of the year; fee and commission net income was 0.065 billion yuan, a year-on-year increase of 261.11%.
Of note, as of the end of September, the bank's investment income saw a significant increase, rising from 0.696 billion yuan to 1.339 billion yuan, nearly doubling compared to the same period last year, accounting for 16.00% of the revenue. Jiangsu changshu rural commercial bank explained that this was mainly due to the increase in investment income from trading financial assets.
However, just over two months ago, on August 8th, the China Foreign Exchange Trading System Market Dealers Association reported that four banks, including jiangsu changshu rural commercial bank, were suspected of market manipulation and interest transfer in the national debt secondary market trading, initiating a self-disciplinary investigation.
In fact, there were already signs of a significant increase in the bank's investment income before this.
The semi-annual report shows that as of the end of June, the bank's investment income was 0.917 billion yuan, a year-on-year increase of 95.96%, accounting for 16.65% of the revenue. Among these, the investment income from disposing of debt investments was 0.102 billion yuan, a year-on-year increase of 451.97%.
Meanwhile, Blue Whale News discovered that in the first half of the year, jiangsu changshu rural commercial bank's investment income was already close to the total investment income performance for the entire previous year (0.957 billion yuan).
Not only that, according to the first-quarter report, as of the end of March, the bank's investment income was 0.556 billion yuan, a staggering year-on-year increase of 276.76%, nearly tripling.
As of the end of September, Jiangsu Changshu Rural Commercial Bank's total assets amounted to 362.743 billion yuan, an increase of 8.46% from the beginning of the year; of which the total loans amounted to 239.686 billion yuan, a year-on-year increase of 7.75%. Furthermore, the total liabilities of the bank amounted to 333.103 billion yuan, an increase of 8.39% from the beginning of the year; with total deposits reaching 284.609 billion yuan, a year-on-year increase of 14.79%.
In terms of asset quality, the bank's non-performing loan ratio is 0.77%, an increase of 0.02 percentage points compared to the end of the previous year.
As of the end of the reporting period, Jiangsu Changshu Rural Commercial Bank's core Tier 1 capital adequacy ratio, Tier 1 capital adequacy ratio, and capital adequacy ratio have all increased from the beginning of the year, reaching 10.58%, 10.63%, and 13.95% respectively.
