Huan Qiu Wang·2025-10-26 01:43Core Insights - The financial reports for the third quarter of 2025 from Huaxia Bank and Ping An Bank indicate a decline in revenue and net profit, attributed to various market factors and operational challenges [1][4]. Group 1: Huaxia Bank - Huaxia Bank reported a revenue of 648.81 billion yuan for the first three quarters, a year-on-year decrease of 8.79%, and a net profit of 179.82 billion yuan, down 2.86% [1][3]. - The bank's non-performing loan (NPL) ratio decreased by 0.02 percentage points to 1.58%, while the provision coverage ratio fell to 149.33% and the loan provision ratio decreased to 2.36% [1][3]. - The CEO attributed the revenue decline primarily to fluctuations in the bond market, which affected fair value changes, while net interest income remained stable [3]. Group 2: Ping An Bank - Ping An Bank achieved a revenue of 1006.68 billion yuan in the first three quarters, a year-on-year decline of 9.8%, with a net profit of 383.39 billion yuan, down 3.5% [4][5]. - The bank cited two main factors for the revenue drop: a decrease in loan interest rates and market volatility affecting non-interest income [4]. - The NPL ratio for Ping An Bank decreased by 0.01 percentage points to 1.05%, with a provision coverage ratio of 229.60% [5].