The stock price fell more than 11%during the year!Why is this listed city commercial bank punished again?

Recently, Bank of Shanghai Tianjin Branch was warned and fined 590,000 yuan for violating the relevant management regulations of payment settlement, anti -money laundering, and financial consumption rights protection.

"Investment Times" researcher Wen Qing

In the fourth quarter of last year, a topic of "Big V Angry Shanghai's services was too poor to take 5 million on the spot", and sent Shanghai Bank Co., Ltd. (hereinafter referred to as Bank of Shanghai, 601229.SH) in one fell swoop. Today, Bank of Shanghai Tianjin Branch has been fined for violating the protection of financial consumption rights and interests.

Recently, the administrative punishment information information form of the People's Bank of China Tianjin Branch showed that the Bank of Shanghai Tianjin Branch was given warning and fined a total of 590,000 yuan for violating the relevant management regulations of payment settlement, anti -money laundering, and financial consumption rights protection. At the same time, Liu Shucheng, then the general manager of the business department of the branch company, was fined 35,000 yuan due to direct responsibility for illegal acts that did not fulfill the obligation of customer identification in accordance with regulations.

In fact, this is not the first time that Bank of Shanghai has led the ticket this year.

On February 23, the China Banking Regulatory Commission disclosed that Bank of Shanghai was punished for violations of regulations 7 years ago. From March to July 2015, the bank's interbank investment business accepted the guarantee of third -party financial institutions in violation of regulations. In response, the Banking Regulatory Commission's Shanghai Supervision Bureau ordered it to make corrections and fined a fine of 2.4 million yuan.

Public information shows that Bank of Shanghai was established on January 30, 1996, headquartered in Shanghai, and November 2016 became the main board listed company of the Shanghai Stock Exchange.

According to the annual annual reports of Bank of Shanghai, from 2016 to 2021, the bank's core first -level capital adequacy ratio at the end of the year was 11.13%, 10.69%, 9.83%, 9.66%, 9.34%, and 8.95%; the first -level capital adequacy ratio ratio was 11.13%, 12.37%, 11.22%, 10.92%, 10.46%, and 9.95%, respectively; capital adequacy ratio was 13.17%, 14.33%, 13.00%, 13.84%, 12.86%, 12.16%.

Among them, the core first -level capital adequacy ratio has declined since the following year, and has fallen for five consecutive years at the end of last year. The first -level capital adequacy ratio and capital adequacy ratio have continued to decline in the past two years.

By the end of the first quarter of this year, Bank of Shanghai's core first -level capital adequacy ratio, first -level capital adequacy ratio, and capital adequacy ratio were 9.14%, 10.14%, and 12.30%, respectively. Although it has improved compared with the end of last year, these three indicators are still ranked behind in the 42 A -share listed banks, ranking 31st, 38th, and 40th respectively.

From the perspective of city commercial banks, there are 17 listed city commercial banks in A shares. At the end of the first quarter of this year, the core first -level capital adequacy ratio of Bank of Shanghai, the first -level capital adequacy ratio, and the capital adequacy ratio are ranked 13th and No. 13, respectively. 15th and 16th. As of March 31, 2022, the total assets of Bank of Shanghai ranked 3rd among 17 A -share listed city commercial banks.

"Investment Times" researcher also noticed that in the main regulatory indicator of commercial banks released by the Banking Regulatory Commission, the core first -level capital adequacy ratio of commercial banks in the first quarter of 2022, the first -level capital adequacy ratio, and the capital adequacy ratio were 10.70%, respectively. , 12.25%, 15.02%. It can be seen that the Bank of Shanghai is more than 1 percentage point compared to it.

In addition to the low capital adequacy ratio, the asset quality of Bank of Shanghai also continues to be under pressure.

The annual report shows that from the end of 2017 to the end of 2021, the bank's non -performing loan balance was 7.644 billion yuan, 9.712 billion yuan, 11.253 billion yuan, 13.401 billion yuan, 15.295 billion yuan, respectively, respectively, respectively, respectively, respectively. %, 14.13%; non -performing loan ratio is 1.15%, 1.14%, 1.16%, 1.22%, and 1.25%in order. It can be seen that since 2019, Bank of Shanghai's non -performing loan balances and non -performing loans have continued to "double rise".

In the first quarter of this year, the bank's non -performing loan ratio was the same as at the end of last year, ranking 8th among 17 A -share listed city commercial banks.

In addition, it is worth noting that, in the past two years, although the proportion of loans from Bank of Shanghai has declined, the ratio of loans to the real estate industry has declined, but the increase in non -performing loans has increased. From the end of 2019 to the end of 2021, the bank's real estate loan accounted for 15.88%, 14.27%, and 12.75%, respectively, and the non -performing loan ratio was 0.10%, 2.39%, and 3.05%, respectively.

From the perspective of the secondary market performance, since this year, the stock price of Bank of Shanghai has continued to decline, closing on July 15, and the decline has reached 11.72%during the year, and the performance in A -share listed banks is relatively poor.

Regarding the above -mentioned punishment, capital adequacy ratio, asset quality and stock price issues, the "Investment Times" sent a communication letter to Bank of Shanghai, but as of the press time, the reply has not been received.

Data Source: Bank Annual Report

Data Source: Bank Annual Report

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