> 数据图表我想了解一下2.2.2 零售领域风险犹存，依然需要拨备去消化2025-11-12.2.2 零售领域风险犹存，依然需要拨备去消化◼ 2025年以来上市银行对公不良率普遍延续回落（部分银行也受房地产等个案对公客户风险下迁影响有所波动），而零售端成为新增不良生成主要来源（以零售分部计提减值损失的占比提升印证），我们认为在居民收入未见明确向上拐点情况下，零售领域风险压力依然是资产质量关注重点，不良生成速度或仍处于相对高位。2025年以来零售风险生成持续，以零售分部计提减值损失的占比提升www.swsresearch.com 证券研究报告资料来源：公司财报，申万宏源研究31不良率对公不良率零售不良率加回核销回收后不良生成率当期计提零售分部减值损失占总减值损失2024银行工行建行农行中行邮储招行中信民生浦发兴业光大平安浙商宁波杭州重庆常熟瑞丰渝农总贷款不良率202420232Q251.36% 1.34% 1.38%1.37% 1.34% 1.33%1.33% 1.30% 1.28%1.27% 1.25% 1.24%0.83% 0.90% 0.92%0.95% 0.95% 0.93%1.18% 1.16% 1.16%1.48% 1.47% 1.48%1.48% 1.36% 1.31%1.07% 1.07% 1.08%1.25% 1.25% 1.25%1.06% 1.06% 1.05%1.44% 1.38% 1.36%0.76% 0.76% 0.76%0.76% 0.76% 0.76%1.34% 1.25% 1.17%0.75% 0.77% 0.76%0.97% 0.97% 0.98%.% .% .%20231.77%1.88%1.83%1.48%0.55%1.19%1.37%1.46%1.67%0.96%1.24%0.63%1.37%0.26%0.84%1.33%0.83%0.82%.%20241.50%1.65%1.58%1.26%0.54%1.06%1.27%1.26%1.34%1.01%1.24%0.70%1.36%0.20%0.75%0.90%0.65%0.49%.%1H251.38%1.31%1.45%1.19%0.49%0.93%1.14%1.21%1.19%1.08%1.21%0.83%1.26%0.24%0.65%0.75%0.56%0.39%.%20230.70%0.66%0.73%0.76%1.12%0.91%1.21%1.52%1.42%1.42%1.36%1.37%1.91%1.50%0.59%1.98%0.78%1.49%.%20241.34%0.98%1.03%0.97%1.28%0.96%1.25%1.80%1.61%1.35%1.40%1.39%1.78%1.68%0.77%2.71%0.94%1.76%.%1H251.35%1.10%1.18%1.15%1.38%1.03%1.29%1.89%1.65%1.22%1.38%1.27%1.97%1.86%1.02%3.01%1.02%1.85%.%73.5%59.7%100.5%69.1%202469.2%61.9%60.1%73.6%202330.9%42.0%30.4%32.3%1H2520231H2513.2%0.37% 0.32% 0.46%45.1%0.56% 0.59% 0.51%66.4%0.35% 0.42% 0.58%66.3%0.42% 0.39% 0.52%0.43% 0.55% 0.69% 138.5% 108.8% 139.6%55.8%0.66% 0.70% 0.64%0.86% 0.89% 0.90%70.8%0.85% 0.99% 0.95%0.91% 0.88% 0.73%1.08% 0.92% 1.07%64.4%1.23% 0.95% 0.90%1.91% 1.85% 1.66% 100.1%33.1%0.77% 1.46% 1.40%95.2%0.71% 0.95% 0.80%0.32% 0.59% 0.50%25.8%0.39% 0.64% 0.37%14.1%0.63% 1.10% 1.05%0.37% 0.45% 0.49%.%76.5%98.6%34.7%94.9%51.0%40.2%93.9%96.9%42.8%62.4%90.5%38.9%.%.%.%.%.%申万宏源综合其他
