麦肯锡：2026年全球银行业年度回顾报告：高速精准（英文版）（28页）.pdf

1、May 2026Global Banking Annual Review 2026Precision with speedIn this preview of our 2026 Global Banking Annual Review,we provide a glimpse of banks continued strong results in 2025;the emergence of a new world map;the tipping point for customer ownership;and the unprecedented pace at which AI is rem

2、aking the industry,prompting banks to accelerate their precision strategies and evolve into multispeed organizations.This report is a collaborative effort by Klaus Dallerup,Mikls Dietz,Pradip Patiath,and Vik Sohoni,with Valeria Laszlo,representing views from McKinseys Financial Services Practice.Cop

3、yright 2026 McKinsey&Company.All rights reserved.Cover image:I Like That One/Getty ImagesIn 2025,the global banking industry outdid itselfagain.Net income rose to$1.3 trillion,up 7percent from 2024s record-setting tally.Once again,banking recorded the most net income of any industry.1 As rates began

4、 to fall in major markets,net interest margins(NIM)declined slightly,globally from 1.65 percent in 2024 to 1.63 percent in 2025.However,some markets improved their margins.US banks NIM rose 9 basis points(bps),Japans banks(7 bps),and UK banks(6bps).Emerging markets were not quite as fortunate,as mar

5、gins slipped slightly,and in Brazil,dramatically(from 3.55 percent to 2.93 percent.)Balances(deposits,loans,and assets under management)grew by 6.5 percent in 2025,up from 6.2 percent annually in 202024.Investors benefited from higher dividends and share buybacks;and banks socked away another$853 bi

6、llion in surplus free cash flow to equity,which,while somewhat lower than previous years,continued the record-setting trend begun in 2022.Its a remarkable picture of a flourishing industry.But look elsewhere and some signals are flashing yellow.Bankings price-to-book(P/B)and price-to-equity(P/E)rati