Ge Long Hui·2025-10-28 12:28Core Insights - Qingdao Bank reported a net profit attributable to shareholders of 3.992 billion yuan for the first three quarters of 2025, an increase of 537 million yuan, representing a growth of 15.54% year-on-year [1] - The bank's operating income reached 11.005 billion yuan, up by 606 million yuan, which is a growth of 5.83% year-on-year [1] - The annualized weighted average return on equity improved to 13.16%, an increase of 0.48 percentage points compared to the previous year [1] Financial Performance - The bank actively responded to challenges such as declining asset yields by expanding scale, adjusting structure, and reducing costs, leading to a faster growth in operating income compared to operating expenses [2] - Interest income for the first three quarters was 17.216 billion yuan, an increase of 589 million yuan, while interest expenses decreased by 283 million yuan to 9.078 billion yuan, resulting in a net interest income of 8.139 billion yuan, which grew by 12.00% year-on-year [2] - Non-interest net income was 2.866 billion yuan, a decrease of 266 million yuan, down by 8.50% year-on-year, primarily due to a decline in investment net income and fees from wealth management services [2] Cost Management - The bank maintained stable overall expenses through optimized expense management and credit risk control, with operating expenses increasing slightly to 3.148 billion yuan, up by 49 million yuan year-on-year [2] - Credit impairment losses rose to 3.160 billion yuan, an increase of 60 million yuan compared to the previous year [2]