Xin Lang Cai Jing·2025-10-29 06:36Core Viewpoint - Qingdao Bank reported a revenue of 11 billion and a net profit of 4 billion for the first three quarters of 2025, showing a year-on-year growth of 5% and 15.5% respectively, with a return on average equity (ROAE) of 13.16% [1] Revenue and Profitability - The bank's revenue growth was pressured by non-interest income, while profitability maintained a double-digit growth. Year-on-year growth rates for revenue, pre-provision profit, and net profit were 5%, 7.6%, and 15.5% respectively, showing a decline compared to the first half of 2025 [2] - Net interest income grew by 12%, while non-interest income decreased by 10.7%, indicating a widening negative growth in non-interest income [2][5] Asset and Loan Growth - As of the end of Q3 2025, the bank's interest-earning assets and loans grew by 15.9% and 13.3% year-on-year, respectively, indicating steady credit growth and asset expansion [2] - New loans in Q3 amounted to 6.9 billion, with corporate loans increasing by 7.9 billion and retail loans decreasing by 1.1 billion, highlighting the strong performance of corporate lending [3] Deposit and Liability Management - The bank's interest-bearing liabilities and deposits grew by 15.3% and 12.5% year-on-year, respectively, with stable deposit growth [4] - New deposits in Q3 totaled 15.6 billion, with corporate and personal deposits increasing by 9.5 billion and 6.1 billion respectively [4] Non-Interest Income and Risk Management - Non-interest income for the first three quarters was 2.87 billion, down 10.7% year-on-year, with a declining contribution to total revenue [5] - The bank's non-performing loan ratio and attention ratio were 1.1% and 0.55% respectively, indicating stable asset quality [5] Capital Adequacy - As of the end of Q3 2025, the bank's core tier 1, tier 1, and total capital adequacy ratios were 8.75%, 10.18%, and 13.14% respectively, showing stable capital adequacy [6] Future Outlook - The bank aims to continue its strategic focus on structural adjustment, customer base strengthening, and operational efficiency, with expectations of stable growth in net interest income and double-digit profit growth [7]