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Rural commercial bank based in Suzhou, Jiangsu, offering retail and SME banking in one of China's richest prefecture-level cities.
Rural commercial bank based in Suzhou, Jiangsu, offering retail and SME banking in one of China's richest prefecture-level cities.
Earns mostly from the gap between interest on loans and the cost of deposits, lending largely inside Suzhou to small firms and farm-related borrowers, with fees from wealth-management products as a smaller line. It operates only locally, so its results track the Suzhou economy.
In one line: A tiny US community bank confined to one wealthy Chinese city.
Moat: narrow (distribution, regulatory licence). Entrenched branch network in a wealthy city, inherited from a former rural credit cooperative.
Headquarters: Suzhou, China · Employees: 1,967
Size Jiangsu Suzhou Rural Commercial Bank (603323.SS) is a China Financials company (Regional Banks) with a market value of $1.50B, the 1638th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.49 on 6 Nov 2026.
Performance Over six months the shares fell 0.6%, against +0.7% for the median peer and -16.4% for the China market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue fell 7.2% over the last twelve months (peer median +4.1%); the operating margin is 55.3% (peer median 31.5%).
Valuation It trades at 0.49× book value against a peer median of 0.97× (3rd cheapest of 21).
Price implies The share price implies a return on equity of about 2.3%; Jiangsu Suzhou Rural Commercial Bank delivers 10.7%, so the price asks less than the business earns today.
Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥7.26B | CN¥7.57B | CN¥7.95B | CN¥7.63B | CN¥7.10B |
| Revenue growth | — | -5% | +4% | +8% | — |
| Net income | CN¥2.08B | CN¥2.04B | CN¥1.94B | CN¥1.74B | CN¥1.50B |
| Free cash flow | -CN¥488M | CN¥971M | -CN¥2.15B | -CN¥132M | CN¥2.83B |
| Capital expenditure | CN¥118M | CN¥164M | CN¥179M | CN¥191M | CN¥209M |
| Total debt | CN¥28.5B | CN¥27.7B | CN¥24.0B | CN¥26.7B | CN¥23.5B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Jiangsu Suzhou Rural Commercial Bank 603323.SS | $1.50B | -1% | -7% | 11% | 0.49× | 2.3% |
| Bank of Suzhou 002966.SZ | $6.41B | +12% | +5% | 11% | 0.79× | 2.8% |
| Jiangsu Zhangjiagang Rural Commercial Bank 002839.SZ | $1.61B | -4% | -10% | 11% | 0.54× | 2.6% |
| Bank of Jiangsu 600919.SS | $35.1B | +13% | +5% | 13% | 0.83× | 2.9% |
| Agricultural Bank of China 601288.SS | $375B | +5% | -4% | 11% | 0.88× | 3.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 603323.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.1% | -1.7% | 10th highest of 21 |
| 6-month return | -0.6% | +0.7% | 11th highest of 21 |
| Return on equity | 10.7% | 10.2% | 9th highest of 21 |
| Price / book | 0.49× | 0.97× | 3rd cheapest of 21 |
| Trailing P/E | 4.8× | 11.8× | 2nd cheapest of 19 |
| ROE the price implies | 2.3% | 7.8% | least demanding of 21 |
| ROE delivered | 10.7% | 10.5% | 9th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Jiangsu Suzhou Rural Commercial Bank 603323.SS | China | $1.50B | -1% | -7% | 11% | 0.49× | 2.3% | 10.7% |
| Lakeland Financial LKFN | United States | $1.51B | -1% | +2% | 15% | 2.07× | 14.8% | 15.4% |
| Amalgamated Financial AMAL | United States | $1.47B | +18% | +12% | 15% | 1.77× | 13.0% | 15.3% |
| Bank of Tianjin 1578.HK | Hong Kong | $1.52B | -22% | -4% | 5% | 0.14× | 3.3% | 5.2% |
| Musashino Bank 8336.T | Japan | $1.47B | -3% | +31% | 6% | 0.82× | 6.0% | 5.8% |
| K Bank 279570.KS | South Korea | $1.53B | -18% | 0% | 6% | 0.93× | 5.3% | n/a |
| CCI 7381.T | Japan | $1.44B | +7% | +49% | 7% | 0.83× | 4.1% | 7.1% |
| Yibin City Commercial Bank 2596.HK | Hong Kong | $1.55B | +2% | +6% | 6% | 0.91× | 5.1% | 5.5% |
| Jammu & Kashmir Bank J&KBANK.NS | India | $1.44B | -12% | +6% | 15% | 0.77× | 12.1% | 14.5% |
| Tompkins Financial TMP | United States | $1.43B | +16% | -15% | 21% | 1.52× | 11.5% | 20.9% |
| Live Oak Bancshares LOB | United States | $1.57B | -10% | +9% | 11% | 1.30× | 17.1% | 11.1% |
| Keiyo Bank 8544.T | Japan | $1.58B | -1% | +19% | 6% | 0.78× | 6.9% | 5.7% |
| Burke Herbert Financial Services BHRB | United States | $1.41B | +10% | +14% | 10% | 1.23× | 7.1% | 10.5% |
| Republic Bancorp RBCAA | United States | $1.59B | +17% | -2% | 12% | 1.52× | 10.1% | 11.5% |
| Zhejiang Shaoxing Ruifeng Rural Commercial Bank 601528.SS | China | $1.60B | +4% | -8% | 10% | 0.51× | 3.4% | 9.9% |
| Jiangsu Zijin Rural Commercial Bank 601860.SS | China | $1.39B | -6% | -9% | 6% | 0.43× | 2.9% | 5.7% |
| Peoples Bancorp PEBO | United States | $1.39B | +12% | 0% | 10% | 1.13× | 8.5% | 10.0% |
| Tamilnad Mercantile Bank TMB.NS | India | $1.39B | +11% | +18% | 16% | 1.22× | 14.6% | 15.6% |
| Jiangsu Zhangjiagang Rural Commercial Bank 002839.SZ | China | $1.61B | -4% | -10% | 11% | 0.54× | 2.6% | 10.6% |
| Westamerica Bancorporation WABC | United States | $1.38B | +9% | -4% | 13% | 1.75× | 11.3% | 12.9% |
| National Bank NBHC | United States | $1.63B | -14% | +14% | 4% | 1.01× | 9.0% | 3.6% |