NJBK(SH:601009) Nan Fang Du Shi Bao·2025-10-28 02:56Core Insights - Nanjing Bank reported a total asset of 2.96 trillion yuan as of September 2025, marking a 14.31% increase from the end of the previous year, approaching the 3 trillion yuan threshold [1][2] - The bank achieved a revenue of 41.949 billion yuan and a net profit of 18.141 billion yuan in the first three quarters of 2025, with year-on-year growth rates of 8.79% and 8.2% respectively, although the growth rates have declined compared to 2024 [1][2] - The bank's financial investment assets reached 1.3 trillion yuan, reflecting a year-on-year growth of 21.5%, which is higher than the growth rates of total assets and loans [1][3] Financial Performance - Nanjing Bank's net interest income increased by 28.52% to 25.207 billion yuan, significantly up from a growth rate of 4.62% in 2024, and accounted for 60.09% of total revenue, an increase of 7.13 percentage points from the previous year [2] - Non-interest income from fees and commissions rose to 3.802 billion yuan, a year-on-year increase of 8.52%, marking a return to positive growth after three consecutive years of decline [3] Investment Income - The bank's investment income for the first three quarters of 2025 was 12.855 billion yuan, an increase of 2.284 billion yuan or 21.61% year-on-year, primarily driven by the realization of gains from previous bond investments [3] - However, fair value changes resulted in a loss of 330 million yuan, a significant decline from a profit of 4.68 billion yuan in the same period last year, leading to a combined decrease in investment income and fair value changes of 2.73 billion yuan [3] Asset Quality - As of September 2025, Nanjing Bank maintained a non-performing loan ratio of 0.83%, unchanged from the end of the previous year, indicating stable asset quality [4] - The bank's provision coverage ratio decreased to 313.22%, down 22.05 percentage points from the previous year, although it remains at a relatively high level [4] - The core Tier 1 capital adequacy ratio improved slightly to 9.54%, up 0.18 percentage points from the end of the previous year [4]