银行业2025年三季报综述：息差筑底手续费改善国有行全部营利双增

目录TOC\o"1-1"\h\z\u规模动业绩回暖手续费改善势延续 4生息产保持增长主动负债扩降速 10净息下行趋势企稳 12债市整扰动非息入表现，净续费增速扩大 15资产量稳中有升信用成本持下行 18投资议 21风险示 23图表目录图表1：上市银行营收、备前利润、归母净利润增速 4图表2：上市银行各版块绩增速 6图表3：上市银行各版块季度业绩增速 7图表4：上市银行业绩拆分 8图表5：国有银行业绩拆分 9图表6：股份制银行业绩分 9图表7：城商行业绩拆分 9图表8：农商行业绩拆分 9图表9：上市银行生息资同比增速 10图表10：上市银行各版块息资产分项增速及结构变化单位：亿元） 11图表11：上市银行各版块息负债分项增速及结构变化单位：亿元） 12图表12：上市银行各版块息差、净利差和资产收益率债付息率情况 13图表13：上市银行息差情表 14图表14：上市银行非利息入业绩表现 16图表15：上市银行各版块季度其他非息收入增速与十期国开债收益率对比 16图表16：上市银行投资和允价值表现 17图表17：上市银行不良贷率、不良贷款余额变化（单：亿元） 19图表18：上市银行信用成表现 20图表19：上市银行拨备覆率表现 21图表20：上市银行主要指表现 22规模驱动业绩回暖，手续费改善趋势延续2025别为0.91较2025年上半上银行总营业收拨备-0.14、-0.520.69图表1：上市银行营收、拨备前利润、归母净利润增速证券名称入拨润归利润24A25Q125H125Q1-Q3环比24A25Q125H125Q1-Q3环比24A25Q125H125Q1-Q3环比农业银行2.260.350.851.971.131.56-0.260.011.161.154.722.202.663.030.36交通银行0.87-1.020.771.801.02-0.36-3.86-1.210.411.610.931.541.611.900.29工商银行-2.52-3.221.572.170.60-4.40-3.661.351.700.360.51-3.99-1.390.331.72建设银行-2.54-5.402.150.82-1.33-4.01-5.803.361.01-2.350.88-3.99-1.370.621.99中国银行1.162.563.762.69-1.07-1.17-1.15-0.09-0.52-0.432.56-2.90-0.851.081.93平安银行-10.93-13.05-10.04-9.780.26-11.19-12.92-10.54-10.030.52-4.19-5.60-3.90-3.500.40浦发银行-1.551.312.621.88-0.740.301.454.170.67-3.5023.311.0210.1910.210.02华夏银行4.23-17.73-5.86-8.79-2.935.87-15.43-9.02-9.06-0.054.98-14.04-7.95-2.865.09民生银行-3.217.417.836.74-1.09-4.229.3110.9210.30-0.61-9.85-5.13-4.87-6.38-1.51-0.48-3.09-1.72-0.511.210.34-4.00-2.61-1.161.451.22-2.080.250.520.27兴业银行0.66-3.58-2.29-1.820.471.37-4.33-3.14-2.630.510.12-2.220.210.12-0.09-7.05-4.06-5.57-7.94-2.37-9.66-4.40-6.96-9.31-2.352.220.310.55-3.63-4.19浙商银行6.19-7.07-5.76-6.78-1.034.97-5.32-6.78-6.310.470.920.61-4.15-9.59-5.43中信银行3.76-3.72-2.99-3.46-0.473.72-3.84-2.47-3.22-0.752.331.662.783.020.24兰州银行-2.023.26-1.86-2.14-0.28-2.603.48-3.13-2.970.171.292.360.870.65-0.22宁波银行8.195.637.918.320.4113.9210.0011.8212.881.066.235.768.238.390.17郑州银行-5.782.224.643.91-0.73-8.612.328.325.97-2.351.394.982.101.56-0.55青岛银行8.229.697.505.03-2.477.3112.3413.357.60-5.7420.1616.4216.0515.54-0.50苏州银行3.010.761.812.020.211.595.937.367.740.3710.166.806.157.120.97江苏银行8.786.217.787.830.057.607.877.885.91-1.9710.768.168.058.320.27杭州银行9.612.223.901.35-2.549.533.014.731.59-3.1418.0717.3016.6614.53-2.14西安银行13.688.1443.7039.11-4.5918.4610.5556.8851.45-5.433.914.308.595.51-3.08南京银行11.326.538.648.790.1614.806.269.6311.772.149.057.068.848.06-0.79北京银行4.81-3.181.90-0.33-2.234.49-2.241.40-0.71-2.120.81-2.443.252.16-1.09厦门银行2.79-18.42-7.023.0210.034.41-23.19-8.336.4414.76-2.60-14.21-4.590.254.84上海银行4.793.854.184.04-0.145.726.215.485.21-0.274.502.302.022.770.76长沙银行4.573.781.591.29-0.303.767.241.990.79-1.204.873.815.056.000.94齐鲁银行4.554.725.764.63-1.132.655.339.236.10-3.1317.7716.4716.4815.14-1.35成都银行5.893.175.913.01-2.907.893.596.842.39-4.4510.175.647.295.03-2.26重庆银行3.545.307.0010.403.392.704.107.0910.543.443.805.335.3910.194.79贵阳银行-1.09-16.91-12.22-13.73-1.51-1.56-21.52-15.96-18.61-2.65-7.16-6.82-7.20-1.395.80江阴银行2.516.0010.456.17-4.29-4.808.4114.6810.89-3.797.882.2216.6313.38-3.25张家港行3.753.291.721.18-0.545.125.032.810.36-2.445.133.205.115.790.68青农商行6.850.99-1.83-4.92-3.0910.36-1.33-3.92-7.99-4.0811.247.975.223.57-1.65无锡银行4.153.533.443.870.426.375.485.593.91-1.672.353.133.523.780.26渝农商行1.091.350.460.670.203.513.78-0.520.621.135.606.254.633.74-0.89常熟银行10.5310.0410.108.15-1.9510.4212.5812.1010.07-2.0416.2013.8113.5112.82-0.69瑞丰银行15.295.123.911.03-2.8715.648.27-0.75-2.76-2.0011.276.695.595.850.26沪农商行0.86-7.41-3.40-3.180.21-3.60-7.77-1.93-1.360.571.200.340.600.780.18紫金银行0.98-4.820.49-5.42-5.914.52-5.392.69-5.76-8.450.304.040.12-10.90-11.02苏农银行3.173.290.210.08-0.133.524.643.505.381.8811.626.195.235.01-0.21国有行-0.27-1.511.871.870.01-1.77-2.471.881.33-0.551.78-2.09-0.131.221.34股份行-1.31-3.91-2.27-2.56-0.29-1.22-3.88-2.58-2.89-0.301.80-2.050.27-0.17-0.43城商行6.372.965.344.78-0.567.064.446.665.69-0.977.275.497.046.94-0.09农商行3.500.210.93-0.03-0.963.290.971.270.35-0.915.704.774.363.60-0.77上市银行合计0.08-1.721.040.91-0.14-0.72-2.151.080.56-0.522.35-1.200.801.480.69比提升银行数分别为2935其中营收增在以上的行数为2205超过15的银行量分别为1（西银行与2（青岛行齐鲁行图表2：上市银行各版块业绩增速项目银行类型23A24Q124H124Q1-Q324A25Q125H125Q1-Q3环比营业收入国有行-4.35-2.22-2.56-1.19-0.27-1.511.871.870.01股份行-3.68-3.24-2.92-2.49-1.31-3.91-2.27-2.56-0.29城商行2.545.614.613.936.372.965.344.78-0.56农商行1.274.733.402.153.500.210.93-0.03-0.96上市银行-3.52-1.73-1.95-1.050.08-1.721.040.91-0.14利息净收入国有行-2.63-1.87-2.98-2.84-1.58-3.38-2.42-1.960.47股份行-4.59-6.64-5.57-5.17-4.89-0.53-1.76-0.860.90城商行0.52-0.68-0.190.372.578.458.7510.301.55农商行-2.70-4.50-4.36-4.13-2.80-0.91-0.560.120.67上市银行-2.89-3.03-3.43-3.19-2.10-1.65-1.29-0.620.67非息收入国有行-10.02-3.20-1.284.464.413.7614.9414.10-0.84股份行-1.533.742.543.376.86-10.15-3.24-5.99-2.75城商行8.0520.9515.8712.5316.01-8.04-1.55-7.12-5.57农商行21.8340.6831.4225.9129.523.184.85-0.45-5.30上市银行-5.411.552.035.206.71-1.877.015.02-1.99净手续费国有行-1.41-7.51-9.90-8.91-7.87-1.454.695.931.24股份行-15.12-16.40-17.12-14.37-12.29-0.89-0.581.301.88城商行-25.20-12.00-7.40-10.70-9.5710.324.138.854.71农商行-1.52-8.19-4.29-4.62-1.244.660.953.902.95上市银行-7.72-10.32-12.03-10.75-9.38-0.723.064.601.54其他非息收入国有行-20.485.3613.3926.8222.9312.8528.8323.92-4.91股份行21.1729.6126.0225.0129.27-5.32-12.07-6.75城商行27.6537.1725.3021.5524.85-13.84-3.25-11.68-8.43农商行33.1066.1745.3537.2840.512.765.85-1.57-7.42上市银行-2.5119.4120.3125.6125.76-3.1810.765.40-5.36拨备前利润国有行-1.88-4.13-4.34-2.84-1.77-2.471.881.33-0.55股份行-5.45-3.58-3.50-3.01-1.22-3.88-2.58-2.89-0.30城商行0.785.904.204.577.064.446.665.69-0.97农商行0.269.165.833.443.290.971.270.35-0.91上市银行-2.64-2.90-3.17-2.10-0.72-2.151.080.56-0.52归母净利润国有行2.12-2.03-0.960.791.78-2.09-0.131.221.34股份行-2.960.001.050.851.80-2.050.27-0.17-0.43城商行7.577.056.176.677.275.497.046.94-0.09农商行9.981.186.164.885.704.774.363.60-0.77上市银行1.47-0.610.371.432.35-1.200.801.480.69图表3：上市银行各版块单季度业绩增速项目银行类型23A24Q124H124Q1-Q324A25Q125H125Q1-Q3环比营业收入国有行-2.59-2.22-2.921.772.75-1.515.431.89-3.54股份行-3.13-3.24-2.60-1.572.57-3.91-0.63-3.19-2.55城商行4.195.613.622.5414.582.967.753.61-4.14农商行-0.634.732.12-0.468.160.211.65-2.11-3.76上市银行-2.18-1.73-2.180.893.78-1.723.910.63-3.28利息净收入国有行-4.62-1.87-4.07-2.572.39-3.38-1.46-1.030.43股份行-7.49-6.64-4.50-4.35-4.01-0.53-2.990.953.93城商行-4.67-0.680.321.499.548.459.0513.344.28农商行-8.29-4.50-4.22-3.641.44-0.91-0.201.461.67上市银行-5.44-3.03-3.83-2.701.32-1.65-0.930.731.66非息收入国有行6.63-3.201.1220.674.253.7628.3612.16-16.20股份行10.553.741.325.4419.86-10.153.93-12.62-16.56城商行44.8020.9511.095.2429.79-8.045.09-20.52-25.61农商行93.7640.6823.4312.9647.363.186.49-14.95-21.44上市银行11.241.552.5713.5212.37-1.8716.950.33-16.61净手续费国有行-3.82-7.51-13.28-6.04-3.14-1.4513.999.37-4.61股份行-27.97-16.40-17.91-7.75-3.81-0.89-0.245.355.59城商行-52.43-12.00-1.69-18.69-2.0110.32-2.7321.8224.55农商行-34.50-8.190.80-5.4919.024.66-3.4511.8115.26上市银行-16.82-10.32-14.24-7.31-3.23-0.728.168.540.38其他非息收入国有行20.135.3621.5563.1011.9012.8542.9014.70-28.20股份行137.9629.6122.6622.4043.56-17.827.03-30.05-37.08城商行144.2937.1715.3513.6736.13-13.847.31-31.20-38.50农商行343.3266.1730.0719.0955.512.768.75-22.01-30.75上市银行58.9519.4121.1639.0626.26-3.1823.83-6.37-30.20前国有行0.37-4.135.560.612.75-2.47-3.510.113.62股份行-4.13-3.58-3.42-1.895.91-3.88-1.24-3.56-2.32城商行-0.905.903.195.8115.514.444.61-6.39-11.00农商行-5.009.162.68-1.602.630.971.57-1.73-3.29上市银行-1.18-2.902.730.415.06-2.15-2.03-1.620.41归母净利润国有行0.89-2.030.204.134.99-2.091.953.661.71股份行-12.330.002.390.435.95-2.053.15-1.08-4.22城商行-3.067.055.297.819.755.498.616.73-1.87农商行-2.671.1811.512.3710.554.773.972.04-1.92上市银行-2.41-0.611.463.535.62-1.202.982.81-0.17图表4：上市银行业绩拆分302520151050-525H125Q1-Q3拆分业绩驱动因素，从2025年前三季度上市银行合计归母净利润增长驱动202520252025图表5：有银行业绩分 图6：股份制银业绩拆分40 1530 10520010-50 -10-10 -1525H125Q1-Q3 25H125Q1-Q3图表7：商行业绩拆分 图表农商行业绩分50 2040153020 1010 500-10-20 -525H125Q1-Q3 25H125Q1-Q3生息资产保持增长，主动负债扩张降速2025年前三季度上市银行合计生息资产同比增速9.40，增速较2025上半年的9.77环比小幅下降0.37pct。其中，国有行、股份行、城商行、农商行自生息产同比速分别达10.14城商商行生息资产速均有一步提，城商、国有增速保在10上。图表9：上市银行生息资产同比增速8642023H1 23Q1-Q3 23A 24Q1 24H1 24Q1-Q3 24A 25Q1 25H1 25Q1-Q3国行 股行 城行 农行 上银行资端分结来看年前季度上银行贷及垫款得7.83同比增幅增环比小下行期末生息资比重为56.96环比幅下滑0.45pct；，2025需求券投资模持续张增幅达13.94比提升期占比达到28.63，环比提升0.64pct；从增量角度来看，2025年前三季度，贷款及垫款、债券投资规模增长分别贡献了生息资产总体增量的48.11和40.77，其他生息资贡献了息资产体增量的11.13。5000图表10：上市银行各版块生息资产分项增速及结构变化（单位：亿元）银行类型资产类型余额增速余额结构环比增量同比增量占比25H125Q1-Q3环比25H125Q1-Q3环比25H125Q1-Q3环比25H125Q1-Q3环比国有行贷款及垫款8.68-0.2658.5658.02-0.542111812656-168950.2750.30-8.64债券投资16.3717.721.3529.1730.000.8319574297881048842.9349.045.75其他生息资产0.50-5.1012.2711.98-0.2915546-1118-123136.812.88股份行贷款及垫款3.66-0.2457.7857.62-0.16-724793-86943.0745.47-4.17债券投资6.090.3225.2525.780.542776454775127.3533.0721.00其他生息资产6.14-3.4916.9716.60-0.37138-1996-362229.5821.46-16.84城商行贷款及垫款13.1713.04-0.1349.0748.64-0.43446219738541.6540.15-11.68债券投资6.270.7627.4927.22-0.271724101561110.4711.49-1.23其他生息资产38.9138.900.0023.4324.140.7153743700103547.8848.3712.91农商行贷款及垫款6.26-0.4453.5253.07-0.44293119-10352.3644.81-10.24债券投资-0.990.571.5719.7818.94-0.8497-324165-3.0920.47其他生息资产13.8715.431.5626.7027.9917353.64-10.23上市银行贷款及垫款7.83-0.2457.4156.96-0.452514915541-257548.1448.11-8.51债券投资12.8113.941.1427.9828.630.6424171350261201435.6940.776.77其他生息资产10.937.10-3.8314.6114.42-0.19209121464-1461316.1711.131.74负债端来看，2025年前三季度上市银行吸收存款同比增速7.80，较2025年上半年的8.31环比回落0.50pct。与此同时，上市银行主动负债规模增速续回落6.96pct至10.90。其他计息负债增速为16.94，环比提升4.11pct。2025计息负分别占息负债额结构的74.038.13整体保稳定。分银行类型来看，城商行吸收存款与主动负债规模增速均为最高，分别达12.4719.8417.657.666.29-1.6713.442.36pct此股份行收存款模增速对偏慢仅为6.47与上市行整体图表11：上市银行各版块计息负债分项增速及结构变化（单位：亿元）银行类型资产类型余额增速余额结构环比增量同比增量占比25H125Q1-Q3环比25H125Q1-Q3环比25H125Q1-Q3环比25H125Q1-Q3环比国有行吸收存款7.737.66-0.0778.3777.33-1.0362449941-15958.4358.4325.38应付债券28.0917.65-10.436.135.90-0.234533-2226-846813.979.39-5.06其他计息负债20.6622.051.3915.5016.771.274018930783835827.5932.17-20.32股份行吸收存款8.476.47-2.0069.0668.21-0.856002-2191-7783109.3891.5137.80应付债券0.69-1.67-2.3612.2011.37-0.83-3498-4753-17791.70-4.26-31.41其他计息负债-2.832.915.7418.7520.421.68-2499116967210-11.0812.75-6.38城商行吸收存款13.3412.47-0.8864.7163.48-1.221868522-117255.4350.30-12.40应付债券29.8419.84-10.0017.0016.34-0-814-314828.4419.35-8.55其他计息负债13.7926.6512.8518.2920.181.8866196433585116.1330.3520.96农商行吸收存款6.998.081.0979.0979.420.3313058441579.9183.61-8.42应付债券7.14-6.29-13.447.987.39-0.60354-259-5178.23-6.99-9.82其他计息负债6.3114.398.0812.9213.190.26-24020245511.8623.3818.25上市银行吸收存款8.317.80-0.5075.0174.03-0.98142448855-869964.5161.3020.91应付债券17.8710.90-6.968.558.13-0.423661-8052-1391214.539.14-8.60其他计息负债12.8316.944.1116.4417.841.4044070491142187320.9729.56-12.31净息差下行趋势企稳2025别为1.352.85中净息利差两指标与20253BPs4BPs分别为1.301.49环分别降0.65BPs升0.97BPs1.24BPs、0.01BPs图表12：上市银行各版块净息差、净利差和资产收益率负债付息率情况项目银行类型23A24Q124H124Q1-Q324A25Q125H125Q1-Q3环比变化同比变化净息差国有行1.621.471.471.451.451.321.311.30-0.65-14.48股份行1.721.571.581.571.541.491.481.490.97-8.12城商行1.531.441.411.401.371.341.361.24-5.13农商行1.761.601.601.591.581.481.491.490.01-10.45上市银行1.641.491.491.481.471.371.351.35-0.12-12.24净利差国有行1.451.311.301.291.281.191.181.17-0.36-11.44股份行1.571.421.431.421.401.371.351.371.52-5.47城商行1.381.291.271.261.251.241.221.231.37-3.14农商行1.611.461.461.461.451.371.371.370.09-8.38上市银行1.471.341.331.321.311.241.221.220.21-9.38生息资产收益率国有行3.463.283.273.213.192.832.792.75-3.52-46.17股份行3.783.593.553.493.433.123.073.04-3.31-45.44城商行3.733.573.503.473.433.123.073.06-0.90-41.39农商行3.773.503.483.453.413.093.083.05-3.37-40.44上市银行3.563.383.363.313.272.922.882.85-3.26-45.57计息负债成本率国有行2.011.971.961.931.901.641.611.58-3.16-34.73股份行2.222.172.122.072.021.751.721.67-4.82-39.96城商行2.352.282.242.212.171.871.851.83-2.26-38.25农商行2.162.032.012.001.961.721.711.68-3.46-32.06上市银行2.092.042.031.991.961.691.661.62-3.47-36.18息资产益率测值分别为2.753.05相较2025上半年3.52BPs3.31BPs0.90BPs分别为1.581.831.68环比行幅度别为3.16BPs4.82BPs、2.26BPs、3.46BPs，图表13：上市银行息差情况表银行净息差23A24Q124H124Q1-Q324A25Q125H125Q1-Q3农业银行1.601.441.451.451.421.341.321.30交通银行1.281.271.291.281.271.231.211.20工商银行1.611.481.431.431.421.331.301.28建设银行1.701.571.541.521.511.411.401.36中国银行1.591.441.441.411.401.291.261.26平安银行2.382.011.961.931.871.831.801.79浦发银行1.521.361.481.461.421.351.411.41华夏银行1.821.621.611.601.591.571.541.55民生银行1.461.381.381.401.391.411.391.422.152.022.001.991.981.911.881.87兴业银行1.931.871.861.841.821.801.751.721.742.011.542.121.541.971.402.03浙商银行2.011.841.821.801.711.761.691.67中信银行1.781.701.771.791.771.651.631.63兰州银行1.461.601.591.451.431.461.371.38宁波银行1.881.901.871.851.861.801.761.76郑州银行2.082.641.802.321.722.471.642.37青岛银行1.831.771.771.751.731.771.721.68苏州银行1.681.521.481.411.381.341.331.34江苏银行1.981.601.901.701.861.821.781.74杭州银行1.501.321.421.381.411.341.351.36西安银行1.371.761.211.521.361.591.701.79南京银行2.041.141.961.231.941.431.861.46北京银行1.541.371.471.421.471.311.311.28厦门银行1.281.031.141.061.131.021.081.08上海银行1.341.051.191.131.171.161.151.16长沙银行2.311.952.122.012.111.991.871.83齐鲁银行1.741.461.541.461.511.471.531.54成都银行1.811.651.661.651.661.621.621.62重庆银行1.521.301.421.391.351.541.391.42贵阳银行2.111.771.8180 1.1.541.531.57江阴银行2.061.701.761.741.761.511.541.56张家港行1.991.751.671.611.621.431.431.42青农商行1.761.661.701.691.671.641.611.61无锡银行1.641.441.511.471.511.461.461.39渝农商行1.731.641.631.611.611.611.601.59常熟银行2.862.832.792.752.712.612.582.57瑞丰银行1.731.601.541.521.501.461.461.49沪农商行1.671.491.561.511.500.001.391.38紫金银行1.591.531.521.491.421.231.181.17苏农银行1.741.441.531.471.551.411.391.35国有行1.621.471.471.451.451.321.311.30股份行1.721.571.581.571.541.491.481.49城商行1.531.441.411.411.401.371.341.36农商行1.761.601.601.591.581.481.491.49上市银行合计1.641.491.491.481.471.371.351.35债市调整扰动非息收入表现，净手续费增速扩大2025年前季度上银行非收入总增速为5.02继半年非收入增1.99pct幅分别为4.60相较2025年半年环分别增1.54pct降5.36pct。分银行类型来看，2025年前三季度国有行非息收入以14.10的增速继续领跑，主要原因为其他非息收入逆势保持23.92的较高增速，亦是其他非息收入唯一保正增长银行板农商前三季非息收小幅下降0.45主要位数跌幅，非息收入分别下行5.99、7.12。后续若债市延续震荡甚至调整行图表14：上市银行非利息收入业绩表现项目银行类型23A24Q124H124Q1-Q324A25Q125H125Q1-Q3环比非息收入国有行-10.02-3.20-1.284.464.413.7614.9414.10-0.84股份行-1.533.742.543.376.86-10.15-3.24-5.99-2.75城商行8.0520.9515.8712.5316.01-8.04-1.55-7.12-5.57农商行21.8340.6831.4225.9129.523.184.85-0.45-5.30上市银行-5.411.552.035.206.71-1.877.015.02-1.99净手续费国有行-1.41-7.51-9.90-8.91-7.87-1.454.695.931.24股份行-15.12-16.40-17.12-14.37-12.29-0.89-0.581.301.88城商行-25.20-12.00-7.40-10.70-9.5710.324.138.854.71农商行-1.52-8.19-4.29-4.62-1.244.660.953.902.95上市银行-7.72-10.32-12.03-10.75-9.38-0.723.064.601.54其他非息收入国有行-20.485.3613.3926.8222.9312.8528.8323.92-4.91股份行21.1729.6126.0225.0129.27-17.82-5.32-12.07-6.75城商行27.6537.1725.3021.5524.85-13.84-3.25-11.68-8.43农商行33.1066.1745.3537.2840.512.765.85-1.57-7.42上市银行-2.5119.4120.3125.6125.76-3.1810.765.40-5.36图表15：上市银行各版块单季度其他非息收入增速与十年期国开债收益率对比3602401200

-60-40-20020 401 2 3 4 5 6 7 8 9 10 11 12 1310Y国到收率度比化(BPs，右) 国行 股行 城行 农行 上银行225其中，城商行以8.85的净手续费增速居首，国有行增速5.93次之。展望净手20246图表16：上市银行投资和公允价值表现投资益/营收 公允价变动/营收 其他综收益/营证券名称

以摊余成本计量的金融资产终止确认收益/营收农业银行交通银行工商银行建设银行中国银行平安银行浦发银行华夏银行民生银行兴业银行浙商银行中信银行兰州银行宁波银行郑州银行青岛银行苏州银行江苏银行杭州银行西安银行南京银行北京银行厦门银行上海银行长沙银行齐鲁银行成都银行重庆银行贵阳银行

25Q13.848.716.272.258.4120.0817.9412.6425.5514.0319.1521.8018.7217.1019.1826.9924.4925.4121.5522.7741.4710.2133.9824.4227.2348.1525.2118.4218.4814.2237.44

25H16.268.997.707.084.8618.3516.5618.9612.7612.8816.5615.7419.5914.7723.7822.5418.3819.7020.0217.7428.4919.4428.3920.9324.9539.1424.0316.3618.4720.7126.76

25Q1-Q36.218.407.606.417.95

25Q1-13.59-10.26-22.54-13.97-16.54-10.05-22.55

25H11.350.71-0.23-0.660.89-2.400.69-0.412.24-2.843.43-2.89-1.85-0.26-5.27-1.29-1.990.02-0.59-0.50-6.961.816.020.25-7.59-5.85-4.14-3.471.61-2.95-7.86

25Q1-Q31.551.790.65-0.72-0.54-2.370.66-6.940.08-3.510.89-5.280.48-1.36-4.86-0.90-2.34-1.89-2.47-1.49-7.940.09-0.80-2.30-3.44-7.94-6.77-4.95-1.04-3.13-9.44

25Q1-11.58-14.34-13.24-11.15-20.45-18.45-17.96-13.93-35-30.22-23.03-23.56-12.85-19.37-20.60-15.20-19.46-39.54-12.95-13.01-40.50-18.32-28.12-40.59

25H10.040.14-0.40-3.74-1.85-0.85-3.27-4.26-2.07-3.710.62-6.40-6.16-5.95-8.43-6.050.16-7.081.91-5.190.54-4.94-4.95-14.69-3.04-5.36-14.20-8.17-8.92-14.73

25Q1-Q3-2.87-1.67-3.80-6.27-5.89-1.54-5.63-7.93-2.75-6.81-0.21-7.03-7.93-8.15-17.55-12.04-8.50-5.96-13.53-5.41-10.20-6.37-6.50-9.77-14.93-11.46-5.75-19.48-9.00-16.82-16.51

25Q13.380.570.000.610.490.000.000.074.760.007.885.061.611.990.000.000.008.977.140.008.470.007.856.670.0012.091.650.096.360.000.00

25H14.080.420.002.380.372.215.660.453.830.724.962.992.441.880.210.005.774.473.570.004.2210.183.915.220.0012.443.020.045.940.000.20

25Q1-Q33.660.600.001.820.441.530.000.342.980.004.402.243.391.810.170.000.003.854.440.002.967.414.823.797.8515.274.660.037.370.000.00江阴银行36.8236.7229.09-2.540.850.24-6.800.35-7.1630.1827.7320.80张家港行33.8933.2831.483.363.162.45-15.10-4.28-9.8116.5010.7511.81青农商行31.4617.8219.61-3.387.240.97-20.49-5.35-12.990.000.000.00无锡银行32.3530.6128.36-2.61-1.01-0.89-15.00-5.18-5.960.000.000.00渝农商行18.5016.9716.14-6.32-2.30-3.73-28.41-8.37-15.384.722.562.86常熟银行22.5819.8118.44-6.71-2.10-1.78-5.600.56-2.970.0011.100.00瑞丰银行37.3727.2624.27-11.54-2.19-3.05-47.86-14.14-23.761.190.833.73沪农商行11.1515.2717.443.141.18-1.49-38.60-16.14-21.640.000.000.00紫金银行24.1827.6021.33-1.14-0.55-0.52-31.62-11.88-16.1517.8515.4011.26苏农银行40.2036.5034.64-6.04-0.10-1.15-10.63-14.67-17.090.0015.840.00国有行6.087.187.61-0.970.490.34-9.59-1.36-4.171.471.891.70股份行18.1915.5014.49-5.51-0.45-1.81-12.67-3.30-5.172.432.771.67城商行28.5423.7722.82-8.70-1.36-3.22-19.82-4.81-9.654.343.623.76农商行22.7720.9720.21-2.900.22-1.62-25.44-8.90-14.704.145.032.80上市银行合计11.6211.1611.04-2.900.07-0.58-11.63-2.33-5.132.042.341.902025（FVTPL）-0.58度转负其中国有行农行各自占比分为0.34-3.22仅国有录得浮。部银行通债券（FVOCI）终止确认收益占营收规模从2025年上半年的2.34降至1.90，国有行、股份行、城行、农行各自比分别为1.701.673.76。资产质量稳中有升，信用成本持续下行从上市银行及各子版块不良贷款率来看，20251.23较半年末小幅度降分银行型来看年前季度国有行份行城行农商贷款不率分别为1.261.031.07，其中国有行与股份行与上半年末持平，城商行、农商行分别小幅下行0.01pct、0.07pct。图表17：上市银行不良贷款率、不良贷款余额变化（单位：亿元）不良率 不贷款余额

贷款总规模农业银行交通银行工商银行建设银行中国银行平安银行浦发银行华夏银行民生银行兴业银行浙商银行中信银行兰州银行宁波银行郑州银行青岛银行苏州银行江苏银行杭州银行西安银行南京银行北京银行厦门银行上海银行长沙银行齐鲁银行成都银行重庆银行贵阳银行江阴银行张家港行青农商行无锡银行

25Q11.281.301.331.331.251.061.331.611.460.941.081.251.381.161.810.761.791.130.830.860.761.610.831.300.861.181.181.170.661.211.660.860.941.770.78

25H11.281.281.331.331.241.051.311.601.480.931.081.251.361.161.810.761.761.120.830.840.761.600.841.300.831.181.171.090.661.171.700.860.941.750.78

25Q1-Q31.271.261.331.321.241.051.291.581.480.941.081.261.361.161.800.761.761.100.830.840.761.530.831.290.801.181.181.090.681.141.630.850.941.730.78

环比变化-0.01-0.020.00-0.010.000.00-0.02-0.020.000.010.000.010.000.00-0.010.000.00-0.020.000.000.00-0.07-0.01-0.01-0.030.000.010.000.02-0.03-0.07-0.010.00-0.020.00

25Q1334611553954358128123607433996606676285132606784912572413019476439830418168694253575711144913

25H13413115040013643284748724130774718704055585811144813

25Q1-Q33414114640483655288735972938565967464650725766948130724131207784611730619170724257595611144613

环比变化1-54712400-8-2-21111-21-2030004101-5011131-200-10

25Q12613578918129683026968322608734117557982475045205712555815441110189075866027121640240023591362922620995226771346123400210614237587935778062473634401296144427431661

25H1266764301857273946230063265740613684363529172209602737148334498634351314146127221675

25Q1-Q326987690714304519276244233531341785672124356443687136359899402691896357825267617168406737533686246961025630181411523730234514416606538308462518534571320146326811689渝农商行1.171.171.12-0.05878987-2744476527780常熟银行0.760.760.760.00未披露19未披露未披露249625152568瑞丰银行0.970.980.980.001313130136813421335沪农商行0.970.970.970.007575750771177427673紫金银行1.241.241.350.112424262191219181924苏农银行0.900.900.900.001212120133213631380国有行1.271.271.260.001570115927160590123670112579771271443股份行1.201.201.200.00490948774884132407955407161407941城商行1.031.031.03-0.011495154115507144484148936150926农商行1.011.071.00