2 1 Shi Ji Jing Ji Bao Dao·2025-10-29 23:08Core Insights - Both Ningbo Bank and Nanjing Bank reported over 8% growth in revenue and net profit for the first three quarters of 2025, despite ongoing pressure in the banking sector [1] - Ningbo Bank outperformed Nanjing Bank in key metrics, including total assets, net interest margin, and asset quality [1][5] Financial Performance - Ningbo Bank achieved operating income of 54.976 billion yuan, a year-on-year increase of 8.32%, and a net profit of 22.445 billion yuan, up 8.39% [1] - Nanjing Bank reported operating income of 41.949 billion yuan, a growth of 8.79%, and a net profit of 18.005 billion yuan, an increase of 8.06% [1] - Nanjing Bank's net interest income surged by 40.53% year-on-year, driven by an expansion in interest-earning assets [2] - Ningbo Bank's net interest income grew by 13.21% year-on-year, indicating stable performance [2] Cost Management - Nanjing Bank's cost-to-income ratio improved to 23.27%, a decrease of 4.81 percentage points year-on-year [3] - Ningbo Bank maintained a cost-to-income ratio of 30.68%, stable compared to the previous quarter [3] Asset Quality - Both banks maintained low non-performing loan (NPL) ratios, with Nanjing Bank at 0.83% and Ningbo Bank at 0.76% [4] - Nanjing Bank's provision coverage ratio stood at 313.22%, while Ningbo Bank's was at 375.92%, indicating strong risk mitigation capabilities [4] Business Structure - Nanjing Bank's corporate loans accounted for 76% of total loans, while retail loans made up 24% [5] - Ningbo Bank's corporate loans represented 69% of total loans, with personal loans decreasing to 31% due to a strategic reduction in high-risk retail credit [6] Investment and Wealth Management - Both banks experienced a decline in investment income due to market volatility, but saw significant growth in wealth management and commission income [7][8] - Nanjing Bank's retail segment revenue grew by 22.10%, with a notable increase in commission income from wealth management products [7] - Ningbo Bank reported a 94.02% year-on-year increase in net fee income, reflecting strong performance in wealth management [8]