Zheng Quan Shi Bao Wang·2025-10-30 11:36Core Viewpoint - Zhejiang Commercial Bank's Q3 2025 report shows stable fundamentals with a focus on quality over scale, adapting to external pressures in the banking sector [1][2][3] Financial Performance - As of September 2025, total assets reached 3.39 trillion yuan, a 1.91% increase from the end of the previous year [1][2] - Operating income for the period was 48.931 billion yuan, with net profit attributable to shareholders at 11.668 billion yuan [1][3] - The non-performing loan ratio improved to 1.36%, down 0.02 percentage points from the end of the previous year [1][3] Strategic Adjustments - The bank has shifted its focus from "scale obsession" to "quality first, moderate scale," emphasizing a "low-risk, balanced return" asset structure [1][2] - The bank's loan and advance total reached 1.896 trillion yuan, increasing by 2.11% from the previous year [2] Risk Management - Net interest margin for the first nine months was 1.67%, a decrease of 4 basis points compared to the previous year [3] - The bank's capital adequacy ratio stood at 12.15%, with a core tier 1 capital ratio of 8.40%, up 0.02 percentage points from the end of the previous year [3] Support for the Real Economy - The bank is committed to injecting "financial vitality" into key sectors, with a focus on supporting major projects and innovation [4][5] - The "Deepening Zhejiang" initiative aims to enhance market share in the province, with financing services totaling 1.16 trillion yuan [4] - The bank has pledged to provide no less than 10 billion yuan annually in new financing services for advanced manufacturing [5]