兴业银行管理层：力争今年净利息收入保持正增长

Core Viewpoint - In the first quarter of 2025, Industrial Bank (兴业银行) reported a decline in both revenue and net profit, reflecting a challenging operating environment characterized by low interest rates and increased risk management focus [1][3]. Financial Performance - The bank achieved a revenue of 55.683 billion yuan, a year-on-year decrease of 3.58%, and a net profit attributable to shareholders of 23.796 billion yuan, down 2.22% year-on-year [1]. - The net interest margin for the first quarter was 1.80%, a decrease of 2 basis points from the previous year and 7 basis points year-on-year [1]. - Interest income remained stable at 37.722 billion yuan, with a year-on-year growth of 1.29%, while non-interest income fell by 12.42% to 17.961 billion yuan [3]. Asset Quality - The bank's non-performing loan balance was 62.831 billion yuan, an increase of 1.354 billion yuan from the end of the previous year, with a non-performing loan ratio of 1.08% [5]. - The bank reported a provision coverage ratio of 233.42%, indicating a strong buffer against potential loan losses [5]. Strategic Focus - The management emphasized a strategy of "letting profits go to avoid risks," indicating a preference for maintaining asset quality over short-term revenue gains [1]. - The bank's green and technology loan balances exceeded 1 trillion yuan, reflecting a strategic focus on these sectors [3]. - The bank aims to maintain positive growth in net interest income and is confident in managing revenue pressures while optimizing income structure [3]. Non-Interest Income Breakdown - Within non-interest income, fee and commission income grew by 8.54%, while other non-interest income declined by 21.50%, with investment income down by 22.4% [4].