研报掘金丨国投证券：予江苏银行“买入-A”评级，资产质量持续稳健

格隆汇09-14

国投证券研报指出，江苏银行营收增速上升，资产质量持续稳健。截至26H1营收、PPOP、归母净利润累计同比增速（下同）分别为9.1%、11.8%和8.1%，较26Q1 分别+0.7pct、+3.1pct 和-0.1pct。扩表增速放缓，活期占比提升推动负债结构优化。净息差环比企稳信号较强，存款成本下行提供主要缓冲。对公资产质量延续改善，零售风险仍在暴露。考虑到公司扩表节奏趋于稳健，存款活化推动息差...

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