证券代码：601997 证券简称：贵阳银行 公告编号：2025-044 优先股代码：360031 优先股简称：贵银优 1 贵阳银行股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导 性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责 任。 本次投资者说明会以网络文字互动形式召开，公司将针对 2025 年第三 季度经营成果及财务状况与投资者进行互动交流和沟通，在信息披露允许 的范围内就投资者普遍关注的问题进行回答。 二、业绩说明会召开的时间、地点 会 议召 开 地点 ： 全 景网 " 投 资者 关 系互 动平 台" （ 网址 ： http://ir.p5w.net） 会议召开形式：网络文字互动 投 资 者 可 于 2025 年 11 月 5 日 （ 星 期 三 ） 16 ： 00 前 访 问 http://ir.p5w.net/zj/ ， 进 入 问 题 征 集 专 题 页 面 或 通 过 公 司 邮 箱 gysh_2007@126.com 进行提问。公司将在说明会上对投资者普遍关注的问 题进行回答。 贵阳银行股份有限公司（以 ...

证券代码：601997 证券简称：贵阳银行 公告编号：2025-043 优先股代码：360031 优先股简称：贵银优 1 贵阳银行股份有限公司第六届监事会 2025 年度第七次临时会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担法律责任。 贵阳银行股份有限公司(以下简称公司) 第六届监事会2025年度 第七次临时会议以书面传签方式召开，决议表决截止日为 2025 年 10 月 30 日。会议通知已于 2025 年 10 月 24 日以直接送达或电子邮件方 式发出。本次会议应参会监事 5 名，实际参会监事 5 名。会议的召开 符合《中华人民共和国公司法》《中华人民共和国证券法》等法律、 行政法规、部门规章、规范性文件及《公司章程》的有关规定。会议 所形成的决议合法、有效。 会议对如下议案进行了审议并表决： 一、审议通过了《关于审议<贵阳银行股份有限公司 2025 年第三 季度报告>的议案》 表决结果：5 票赞成，0 票反对，0 票弃权。 二、审议通过了《关于审议<贵阳银行股份有限公司 2025 年第三 季度第三支柱信息披露报 ...

Core Insights - Guiyang Bank reported a third-quarter revenue of 2.935 billion yuan, a year-on-year decrease of 16.89% [1] - The net profit for the third quarter was 1.441 billion yuan, reflecting a year-on-year increase of 10.48% [1] - For the first three quarters, the total revenue was 9.435 billion yuan, down 13.73% year-on-year [1] - The net profit for the first three quarters was 3.915 billion yuan, showing a slight decline of 1.39% year-on-year [1]

证券代码：601997 证券简称：贵阳银行 公告编号：2025-042 优先股代码：360031 优先股简称：贵银优 1 贵阳银行股份有限公司第六届董事会 2025 年度第七次临时会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担法律责任。 贵阳银行股份有限公司(以下简称公司) 第六届董事会2025年度 第七次临时会议以书面传签方式召开，决议表决截止日为 2025 年 10 月 30 日。会议通知已于 2025 年 10 月 24 日以直接送达或电子邮件方 式发出。本次会议应参会董事 10 名，实际参会董事 10 名。会议的召 开符合《中华人民共和国公司法》《中华人民共和国证券法》等法律、 行政法规、部门规章、规范性文件及《公司章程》的有关规定。会议 所形成的决议合法、有效。 会议对如下议案进行了审议并表决： 一、审议通过了《关于审议<贵阳银行股份有限公司 2025 年第三 季度报告>的议案》 表决结果：赞成 10 票，反对 0 票，弃权 0 票。 本议案已经董事会审计委员会审议通过。 二、审议通过了《贵阳银行股份有限公司 ...

Financial Performance - Operating revenue for Q3 2025 was CNY 2,934,563,000, a decrease of 16.89% compared to the same period last year[3] - Net profit attributable to shareholders of the parent company reached CNY 1,440,556,000, an increase of 10.48% year-on-year[3] - The basic earnings per share for the period was CNY 0.39, up 8.33% compared to the same period last year[3] - The weighted average return on equity for the parent company's ordinary shareholders was 2.30%, an increase of 0.10 percentage points year-on-year[3] - The company achieved operating revenue of 9.435 billion RMB, a year-on-year decrease of 13.73%, and a net profit attributable to shareholders of 3.915 billion RMB, down 1.39% year-on-year[28] - The group's net profit for the first nine months of 2025 was RMB 3.98 billion, slightly down from RMB 4.05 billion in the same period of 2024, a decrease of approximately 1.8%[43] - The group's operating income for the first nine months of 2025 was RMB 9.44 billion, down from RMB 10.94 billion in the same period of 2024, a decrease of approximately 13.7%[43] Assets and Liabilities - Total assets as of September 30, 2025, amounted to CNY 746,588,675,000, reflecting a growth of 5.80% from the end of the previous year[3] - The total liabilities as of September 30, 2025, were CNY 676,185,697,000, an increase of 6.21% from the previous year[3] - The group's total assets increased to RMB 746.59 billion as of September 30, 2025, up from RMB 705.67 billion as of December 31, 2024, representing a growth of approximately 5.8%[41] - The group's total liabilities rose to RMB 676.19 billion as of September 30, 2025, compared to RMB 636.63 billion as of December 31, 2024, an increase of about 6.2%[41] Income and Expenses - Investment income for the first nine months of 2025 reached 2,187,538 thousand RMB, a 34.20% increase compared to 1,630,086 thousand RMB in the same period of 2024[9] - Other income decreased by 74.29% to 11,094 thousand RMB from 43,151 thousand RMB year-on-year due to reduced government subsidies[9] - Net interest income for the group decreased to RMB 7.61 billion for the first nine months of 2025, down from RMB 8.67 billion in the same period of 2024, a decline of about 12.3%[43] - The group's provision for credit impairment losses decreased to RMB 2.38 billion in the first nine months of 2025, compared to RMB 3.92 billion in the same period of 2024, a reduction of about 39.1%[43] Deposits and Loans - Total deposits increased to 435,027,069 thousand RMB as of September 30, 2025, compared to 419,207,591 thousand RMB at the end of 2024[11] - The total loan amount was RMB 345.741 billion, with an increase of RMB 6.599 billion or 1.95% year-to-date[27] - The balance of corporate loans (including discounts) reached 291.501 billion RMB, an increase of 2.785 billion RMB from the beginning of the year[30] - The balance of personal housing mortgage loans was 22.136 billion RMB, an increase of 739 million RMB, while comprehensive consumer loans (excluding credit cards) rose by 70.48% to 7.414 billion RMB[34] Capital and Equity - The capital adequacy ratio stood at 15.05% as of September 30, 2025, slightly up from 14.99% at the end of 2024[12] - The company's capital adequacy ratio stood at 15.05%, meeting regulatory requirements[29] - The group's total equity increased to RMB 70.40 billion as of September 30, 2025, from RMB 69.04 billion as of December 31, 2024, reflecting a growth of approximately 2.0%[41] Customer and Market Position - The company actively pursued customer management and aimed for high-quality development amidst national policy opportunities[27] - The total number of individual customers reached 12.921 million, an increase of 169,100 from the beginning of the year, with total assets under management (AUM) of 292.267 billion RMB, up 7.47%[33] - The company ranked 197th in the 2025 Global Bank 1000 list by The Banker magazine and 36th in the 2025 China Banking Industry Top 100 list, both showing improvement from the previous year[27] Cash Flow - The total cash flow from operating activities for the first nine months of 2025 was 15,480,733 thousand RMB, a 36.61% increase from 11,331,847 thousand RMB in the same period of 2024[9] - Total cash inflow from operating activities was ¥38,198,019 in 2025, down 23.7% from ¥50,084,988 in 2024[45] - Cash outflow from operating activities decreased to ¥22,717,286 in 2025 from ¥38,753,141 in 2024, a reduction of 41.4%[45] - The ending balance of cash and cash equivalents increased to ¥32,736,483 in 2025 from ¥30,111,207 in 2024, an increase of 8.7%[45]

Market Performance - The city commercial bank sector increased by 0.01% compared to the previous trading day, with Xiamen Bank leading the gains [1] - The Shanghai Composite Index closed at 3988.22, down by 0.22%, while the Shenzhen Component Index closed at 13430.1, down by 0.44% [1] Individual Bank Performance - Xiamen Bank's closing price was 7.15, with a rise of 5.46% and a trading volume of 582,400 shares, amounting to a transaction value of 412 million yuan [1] - Chongqing Bank closed at 10.67, up by 2.11%, with a trading volume of 225,000 shares [1] - Chengdu Bank's closing price was 18.11, increasing by 0.84% with a trading volume of 314,100 shares [1] - Other banks such as Changsha Bank, Lanzhou Bank, and Jiangsu Bank showed minimal changes in their stock prices [1] Capital Flow Analysis - The city commercial bank sector saw a net inflow of 223 million yuan from institutional investors, while retail investors experienced a net outflow of 356 million yuan [2] - The main capital inflow was observed in banks like Nanjing Bank and Chengdu Bank, with significant net inflows from institutional investors [3] - Retail investors showed a negative net flow in several banks, indicating a cautious sentiment among smaller investors [3]

Market Performance - The city commercial bank sector increased by 0.63% on October 27, with Chongqing Bank leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Individual Bank Performance - Chongqing Bank's closing price was 10.45, with a rise of 2.75% and a trading volume of 349,100 shares, amounting to a transaction value of 368 million yuan [1] - Other notable banks included Xi'an Bank, which rose by 1.95% to 4.19, and Xiamen Bank, which increased by 1.50% to 6.78 [1] - Conversely, Chengdu Bank saw a decline of 1.54%, closing at 17.96, with a trading volume of 474,100 shares [2] Capital Flow Analysis - The city commercial bank sector experienced a net outflow of 310 million yuan from institutional investors, while retail investors saw a net inflow of 22.9 million yuan [2] - The capital flow data indicates that Nanjing Bank had a net inflow of 21.65 million yuan from institutional investors, while Zhengzhou Bank experienced a net outflow of 13.86 million yuan [3] Summary of Trading Data - The trading data for various banks shows mixed performance, with some banks like Chongqing Bank and Xi'an Bank showing positive trends, while others like Chengdu Bank and Suzhou Bank faced declines [1][2][3] - The overall trading volume and transaction values reflect active market participation, with significant amounts traded across various banks [1][2]

Investment Rating - The investment rating for the industry is "Positive" (maintained) [1] Core Insights - The report highlights that retail non-performing loan (NPL) rates and generation rates are currently high, indicating ongoing pressure on bank profitability. Despite a low overall NPL rate, the retail sector shows signs of risk, with a marginal increase in the NPL rate to 1.28% [14][15] - The transition period for new risk regulations is nearing its end, with concerns about the impact on banks' provisioning levels. However, the report suggests that the actual impact may be less severe than market expectations [16] - The trend of de-collateralization in bank lending is evident, driven by both business characteristics and strategic choices made by banks to reduce reliance on collateralized loans [17] Summary by Sections 1. Retail NPL and Generation Rates - The retail NPL rate has increased to 1.28%, with a steepening curve indicating ongoing risk. The generation rate for retail loans remains high, with significant increases noted in certain banks [14][18] - The report indicates that while the overall NPL rate is low, the divergence between overdue and NPL indicators suggests underlying risks in the retail sector [19] 2. Impact of New Risk Regulations - The new risk regulations will require banks to classify impaired loans as NPLs, potentially increasing reported NPL rates. However, the report anticipates that the actual provisioning pressure may be manageable [16][17] 3. De-Collateralization in Lending - The report notes a significant decline in the proportion of collateralized loans, with banks shifting towards non-collateralized lending strategies. This shift is influenced by the need to manage risk more effectively [17][18] 4. Investment Recommendations - The report recommends certain state-owned banks due to their customer base advantages and manageable retail risk pressures. It also highlights specific banks such as CITIC Bank and Agricultural Bank of China as beneficiaries of this trend [6]

Core Insights - The city commercial bank sector experienced a decline of 0.77% on October 24, with Xiamen Bank leading the drop [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Stock Performance - Shanghai Bank closed at 9.67, up 0.73% with a trading volume of 848,400 shares and a transaction value of 822 million [1] - Xiamen Bank closed at 6.68, down 1.76% with a trading volume of 153,100 shares and a transaction value of 103 million [2] - The majority of city commercial bank stocks showed negative performance, with notable declines in Beijing Bank (-0.52%) and Guizhou Bank (-0.66%) [1][2] Capital Flow - The city commercial bank sector saw a net outflow of 142 million from institutional investors, while retail investors contributed a net inflow of 55.9 million [2] - Jiangsu Bank had a net inflow of 70.84 million from institutional investors, while Shanghai Bank experienced a net outflow of 78.96 million from retail investors [3] Individual Stock Analysis - Chengdu Bank had a slight negative net flow from institutional investors of 19.75 million, but a positive inflow from retail investors of 596.99 million [3] - Lanzhou Bank saw a net inflow of 13.36 million from institutional investors, while it faced a net outflow of 1.48 million from retail investors [3]

Group 1 - Major state-owned banks and city commercial banks are launching various promotional offers such as card binding discounts, interest-free installments, and cashback in collaboration with e-commerce platforms ahead of the "Double 11" shopping festival [1][2][10] - The promotional activities are designed to attract consumers and stimulate consumption growth, with consumer loans and installment products being key tools due to their small amounts and convenience [1][15] - China Bank has partnered with Alipay to offer a consumption discount activity for users who bind their savings cards, providing random discounts for purchases during the promotional period [3][4] Group 2 - Various banks, including China Bank and Ping An Bank, are offering credit card payment discounts, with China Bank's "Installment Enjoy Discount" program providing up to 300 yuan in discounts and interest-free installments for up to 24 months [5][8] - City commercial banks like Suzhou Bank and Guiyang Bank are also participating in the promotional activities, offering discounts for credit card users and collaborating with Alipay for additional benefits [9][10] - Alipay has introduced a "Daily Discount for Bank Cards" program, allowing users to enjoy discounts for a specified number of days after registration, with participation from several major banks [10][14] Group 3 - The competitive landscape includes traditional banks facing off against popular payment options like Huabei and JD Pay, with banks leveraging their lower financing costs and broader customer base as competitive advantages [17] - However, banks face challenges in convenience and user data accumulation compared to online payment platforms, which offer quicker approval processes and targeted marketing [18] - The banking sector is experiencing pressure on net interest margins, with the average net interest margin reported at 1.42% as of the second quarter, indicating ongoing challenges in profitability [19]