Investment Rating - The report maintains a rating of "Buy" for the company [4]. Core Views - The company has shown improvement in asset quality, with a significant decrease in the non-performing loan generation rate and stable non-performing loan ratio [2]. - The company's liability costs have improved, with a slight decrease in net interest margin [2]. - The company is experiencing a recovery in loan growth, particularly in corporate loans, while retail loan growth remains negative [2]. Summary by Sections Performance - For the first three quarters of 2025, the company's operating income, PPOP, and net profit attributable to shareholders decreased by 9.78%, 9.84%, and 3.50% year-on-year, respectively, but showed a recovery compared to the first half of 2025 [1][13]. - The total assets grew by 0.36% year-on-year, with corporate loans increasing by 9.9% [2][13]. Non-Interest Income - Non-interest income decreased by 12.63% year-on-year, with net fee income slightly declining by 0.14% [3][32]. - Other non-interest income saw a significant drop of 24.12%, primarily due to a substantial decrease in trading gains [3][32]. Interest Margin and Liabilities - The net interest margin for the first three quarters of 2025 was 1.79%, a slight decrease of 1 basis point compared to the first half of 2025 [2][13]. - The cost of liabilities improved, with a 6 basis point decrease in deposit costs, effectively offsetting the downward pressure on asset yields [2][13]. Asset Quality - The non-performing loan ratio remained stable at 1.05%, with a notable decrease in the non-performing loan generation rate by 90 basis points compared to the first half of 2025 [2][3]. - The company has successfully recovered a significant amount of non-performing assets, with a cash recovery rate of 97.9%, the highest in recent years [2][3]. Capital and Shareholder Returns - The company has maintained a stable dividend payout ratio, with a dynamic dividend yield of 5.1% based on the latest closing price [3][4]. - The report indicates that the company's capital consumption is slow, and the expansion of its scale has noticeably slowed down [3][4].

Core Insights - Ping An Bank reported its Q3 2025 performance, emphasizing a steady business operation while focusing on retail, corporate, and interbank strategies [1] Retail Business - The bank is committed to enhancing its retail strategy, with a focus on loan, deposit, and wealth management services, while leveraging digital and comprehensive financial platforms for sustainable growth [2] - As of September, the personal loan balance was CNY 1,729.19 billion, a decrease of 2.1% from the end of the previous year, with mortgage loans making up 63.6% of this total [2] - The bank's personal deposit balance was CNY 1,279.63 billion, down 0.6% year-on-year, while the average daily balance for personal deposits increased by 4.2% to CNY 1,307.58 billion [3] Corporate Business - Ping An Bank's corporate business focuses on refining industry, customer, and product strategies, with significant support for the real economy [4] - As of September, corporate loan balances reached CNY 1,688.56 billion, up 5.1% from the previous year, while corporate deposit balances increased by 1.3% to CNY 2,275.33 billion [4] - The bank has seen a 9.7% increase in the number of corporate clients, totaling 935,700, with strategic clients growing by 18.7% in loan balances [5] Interbank Business - The interbank business is driven by investment trading and customer services, enhancing the bank's market competitiveness [6] - The bank reported a 49.5% increase in the trading volume of domestic and foreign institutional sales, reaching CNY 4.59 trillion [7] - As of September, the bank's asset management product custody scale was CNY 5 trillion, reflecting a 0.2% growth from the previous year [7]

Core Insights - Ping An Bank reported a decline in both revenue and net profit for the first three quarters of 2025, with revenue at 100.67 billion yuan, down 9.8% year-on-year, and net profit at 38.34 billion yuan, down 3.5% [2] - The bank's net interest margin decreased to 1.79%, a drop of 14 basis points compared to the same period last year, influenced by lower loan rates and adjustments in business structure [2] - The bank is focusing on asset quality management, with non-performing loan (NPL) ratio at 1.05%, a slight decrease of 0.01 percentage points from the end of the previous year [2] Revenue and Profit Performance - For Q3 2025, Ping An Bank's revenue was 31.28 billion yuan, down 9.2% year-on-year, and net profit was 13.47 billion yuan, down 2.8% [2] - Non-interest income from bond investments decreased due to market fluctuations, contributing to the overall revenue decline [2] Retail Business Developments - The bank's retail business is undergoing a "retail reform," focusing on optimizing customer acquisition channels and enhancing the product system [4] - Personal loan balance as of September 30 was 1.73 trillion yuan, a decrease of 2.1% from the end of the previous year, with mortgage loans making up 63.6% of personal loans [4] - The bank's retail loan asset quality is improving, with personal loan NPL ratio at 1.24%, down 0.15 percentage points from the end of the previous year [4] Wealth Management Growth - Wealth management fees increased by 16.1% year-on-year, totaling 3.98 billion yuan, driven by significant growth in personal insurance and investment products [5] Corporate Banking Performance - Corporate banking remains a key growth driver, with corporate loan balance at 1.69 trillion yuan, up 5.1% from the end of the previous year [6] - New loans in four major industries reached 355.18 billion yuan, up 11.8% year-on-year, while emerging industries saw new loans of 185.18 billion yuan, up 17.4% [6] Risk Management in Real Estate Loans - The bank's corporate real estate loan balance is 226.99 billion yuan, down 18.23 billion yuan from the end of the previous year, with an NPL ratio of 2.20%, up 0.41 percentage points [7] - The increase in NPL ratio is attributed to external market conditions affecting the real estate sector, with the bank maintaining a cautious approach to provisioning [7]

Core Insights - Ping An Bank reported a decline in both revenue and net profit for the first three quarters of 2025, with revenue at 100.67 billion yuan, down 9.8% year-on-year, and net profit at 38.34 billion yuan, down 3.5% [1][2] Financial Performance - The bank's net interest margin decreased to 1.79%, a drop of 14 basis points compared to the same period last year, primarily due to lower loan rates and adjustments in business structure [1] - Non-interest income from bond investments also fell due to market fluctuations [1] - The bank's credit and other asset impairment losses were 25.99 billion yuan, a decrease of 18.8% year-on-year [1] Retail Business - Ping An Bank is focusing on risk clearance in its retail business, with personal loan balances at 1.73 trillion yuan, down 2.1% from the end of last year [5] - The bank's personal loan non-performing rate improved to 1.24%, a decrease of 0.15 percentage points from the end of last year [5] - Wealth management fees increased by 16.1% year-on-year, with significant growth in personal insurance and investment products [6] Corporate Business - The corporate banking segment remains a key driver for growth, with corporate loan balances reaching 1.69 trillion yuan, up 5.1% from the end of last year [8] - The bank's corporate loan non-performing rate increased to 0.86%, up 0.16 percentage points, primarily due to risks in the real estate sector [9] - New loans issued to four major industries grew by 11.8%, while loans to emerging industries increased by 17.4% [9]

提名吴志攀先生、刘峰先生、潘敏先生、吴宗敏先生、张杰先生为平安银行股份有限公司第十三届董事会独立董事候选人。 其中，吴宗敏、张杰的独立董事任职资格须经国家金融监督管理总局核准。在该行股东大会选举产生新任独立董事且其任职资格获得国家金融监督管理总局核准之前，第十二届董事会独立董事杨 简历信息显示，吴宗敏 1986 年 7 月获上海交通大学工学学士学位，1989 年 1 月获上海交通大学工学硕士学位，2007 年 9 月获中欧国际工商学院工商管理硕士学位。1993 年 11 月 张杰 1984 年、1990 年和 1993 年先后于陕西财经学院金融系获经济学学士、硕士和博士学位。1984 年 7 月至 2000 年 4 月，任陕西财经学院助教、讲师、副教授、教授，金融系常 责任编辑：曹睿潼 10月24日金融一线消息，平安银行今日发布董事会决议公告。公告显示，会议审议通过了《关于平安银行股份有限公司第十三届董事会董事候选人的议案》。同意提名以下人士为平安银行股份 提名谢永林先生、郭晓涛先生、付欣女士、蔡方方女士为平安银行股份有限公司第十三届董事会非执行董事候选人。 提名冀光恒先生、项有志先生、杨志群先生为平安银行股 ...

■ ■■ ■ 4.2 审计报告 第三季度报告是否经过审计 □是 √否 登录新浪财经APP 搜索【信披】查看更多考评等级 第三季度合并及公司报告未经审计。 平安银行股份有限公司董事会 2025年10月25日 证券代码：000001 证券简称：平安银行 公告编号：2025-044 优先股代码：140002 优先股简称：平银优01 平安银行股份有限公司 董事会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 平安银行股份有限公司（以下简称本行）第十二届董事会第四十二次会议通知以书面方式于2025年10月 14日向各董事发出。会议于2025年10月24日在烟台召开。本次会议的召开符合有关法律、法规、规章和 本行公司章程的规定。会议应到董事13人（包括独立董事5人），董事长谢永林，董事冀光恒、郭晓 涛、付欣、蔡方方、郭建、项有志、杨志群、杨军、艾春荣、吴志攀、刘峰和潘敏共13人到现场或通过 视频等方式参加了会议。 本行第十一届监事会监事长叶望春，监事车国宝、王春汉、韩小京、孙永桢和邓红共6人到现场或通过 视频等方式列席了会议。 会议由本行董事长谢永林主持。会议审 ...

Group 1 - China Shenhua's net profit for the first three quarters decreased by 10% year-on-year, with total revenue of 213.15 billion yuan, down 16.6% [1][2] - Dongfang Caifu reported a 51% increase in net profit for the first three quarters, reaching 90.97 billion yuan, a 50.57% year-on-year growth [3][4] - Geer Co. achieved a net profit growth of 10.33% year-on-year, totaling 25.87 billion yuan, despite a 2.21% decline in revenue [5][6] Group 2 - Changan Automobile's net profit fell by 14.66% year-on-year, with total revenue of 1,149.27 billion yuan, up 3.58% [7][8] - Zhinanzhen reported a significant net profit increase of 205% year-on-year, reaching 1.16 billion yuan, driven by growth in financial information services [9] - Dongpeng Beverage's net profit grew by 42% year-on-year, totaling 37.61 billion yuan for the first three quarters [10][11] Group 3 - Ping An Bank's net profit decreased by 2.8% year-on-year, with total revenue of 1,006.68 billion yuan, down 9.8% [12][13] - Goldwind Technology reported a 171% increase in net profit for the third quarter, reaching 25.84 billion yuan for the first three quarters [15] - Yilong Co. achieved a net profit growth of 113.97% year-on-year, totaling 19.88 billion yuan in the third quarter [16][17] Group 4 - Tongwei Co. reported a net loss of 5.27 billion yuan for the first three quarters, with total revenue of 646 billion yuan, down 5.38% [18][19] - CITIC Securities' net profit increased by 52% year-on-year, reaching 231.59 billion yuan for the first three quarters [20] - Wanhua Chemical's net profit decreased by 17.45% year-on-year, totaling 91.57 billion yuan for the first three quarters [21] Group 5 - Luoyang Molybdenum's net profit increased by 96.4% year-on-year, reaching 142.80 billion yuan for the first three quarters [22] - Xiamen Tungsten's net profit grew by 41.54% year-on-year, totaling 5.52 billion yuan for the first three quarters [44] - Huazhong Cement's net profit increased by 76% year-on-year, reaching 20.04 billion yuan for the first three quarters [41]

Core Viewpoint - Ping An Bank reported a decline in both revenue and net profit for the first three quarters of 2025, indicating potential challenges in its financial performance [1] Financial Performance - The company's operating revenue for the first three quarters was 100.668 billion yuan, a year-on-year decrease of 9.80% [1] - The net profit attributable to shareholders was 38.339 billion yuan, reflecting a year-on-year decline of 3.50% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 38.269 billion yuan, down 3.70% year-on-year [1] - Basic earnings per share stood at 1.87 yuan [1]

每经AI快讯，平安银行（SZ 000001，收盘价：11.56元）10月24日晚间发布公告称，公司第十二届第四 十二次董事会会议于2025年10月24日在烟台召开。会议审议了《关于平安银行股份有限公司第十三届董 事会董事候选人的议案》等文件。 2025年1至6月份，平安银行的营业收入构成为：利息收入占比126.74%，非利息收入占比20.7%。 每经头条（nbdtoutiao）——溢价近10万倍！知名品牌豪掷1.7亿元买2000股，目标公司注册资本仅1万 港元且还未营业！上交所都看不懂了：收购有何必要性？ （记者 王晓波） 截至发稿，平安银行市值为2243亿元。 ...

报告期内，平安银行经营策略转型持续进阶，核心板块协同效果凸显。贷款端，截至今年9月末，该行 住房按揭贷款余额3523.50亿元，较上年末增长8.1%，汽车金融贷款余额3003亿元，较上年末增长 2.2%；财富管理领域，截至今年9月末，该行财富客户达149.11万户，较上年末增长2.4%，其中私行客 户10.33万户，较上年末增长6.7%，私行客户AUM余额1.97万亿元，客户分层经营价值持续释放。 平安银行相关人士表示，该行将持续落实监管要求，提升金融服务实体经济能力，加大对重点领域支持 力度，强化风险管控，践行金融高质量发展。 该行资产负债结构持续优化，服务实体经济力度不减。截至今年9月末，该行资产总额5.77万亿元，发 放贷款和垫款本金总额3.42万亿元，较上年末增长1.3%；吸收存款本金余额3.55万亿元，较上年末增长 0.6%。 前三季度，该行通过强化低成本存款吸收与负债节奏调控，计息负债平均付息率同比下降47个基点至 1.73%；吸收存款平均付息率下降43个基点至1.70%，负债成本优化成效显著。 风险管控方面，平安银行持续优化资产和客群结构。截至今年9月末，该行不良贷款率为1.05%，较 2024 ...