平安银行今年前三季度营收1006亿元，持续推进降本增效

Core Viewpoint - Ping An Bank is undergoing a transformation phase, reporting a decline in revenue and net profit for the first three quarters of 2025, but showing signs of improvement in profit decline rates compared to earlier periods [1][2] Financial Performance - For the first nine months of 2025, Ping An Bank achieved operating revenue of 100.668 billion yuan, a year-on-year decrease of 9.8% [1] - The net profit for the same period was 38.339 billion yuan, down 3.5% year-on-year, with a narrowing decline compared to the first half of the year [1] - As of the end of September, the total assets of the bank were 576.6764 billion yuan, showing a slight decrease compared to the end of June [1] Interest Margin and Non-Interest Income - The net interest margin for the first nine months was 1.79%, down 14 basis points from the same period last year, influenced by declining loan rates and business structure adjustments [1] - Non-interest income from bond investments and other businesses decreased due to market fluctuations [1] Asset Quality - The non-performing loan ratio stood at 1.05% at the end of September, a decrease of 0.01 percentage points from the end of last year [1] - The provision coverage ratio was 229.60%, indicating strong risk compensation capability [1] Cost Control and Efficiency - The bank focused on cost reduction and efficiency improvement, with business and management expenses amounting to 27.649 billion yuan, down 9.6% year-on-year [1] - Credit and other asset impairment losses were 25.989 billion yuan, a decrease of 18.8% year-on-year [1] Liability Management - As of the end of September, the total liabilities were 524.8834 billion yuan, with customer deposits increasing by 0.6% year-on-year [2] - The average interest rate on interest-bearing liabilities was 1.73%, down 47 basis points year-on-year, while the average interest rate on customer deposits was 1.70%, down 43 basis points year-on-year [2] - The bank has been enhancing the absorption of low-cost deposits and adjusting the pace of deposit and interbank liabilities to lower overall funding costs [2]