江苏银行前三季度盈利破300亿，中间业务提速，投资拖累

Core Insights - Jiangsu Bank reported total assets of 4.93 trillion yuan as of September 2025, marking a year-on-year growth of 27.76%, approaching the 5 trillion yuan threshold [2][4] - The bank achieved a revenue of 671.83 billion yuan in the first three quarters of 2025, reflecting a year-on-year increase of 7.83%, with net profit rising by 8.87% to 318.95 billion yuan [2][3] - The net interest income grew by nearly 20% year-on-year, while fee and commission income increased by 19.97%, indicating a significant acceleration compared to the first half of the year [3][4] Financial Performance - For the first three quarters of 2025, Jiangsu Bank's net interest income reached 498.68 billion yuan, accounting for 74.23% of total revenue, with a year-on-year growth of 19.61% [3] - The bank's fee and commission income was 45.49 billion yuan, representing a year-on-year increase of 19.97%, with the revenue share rising to 6.77% [3] - Other non-interest income included investment income of 115.99 billion yuan, up 2.05% year-on-year, while fair value changes resulted in a loss of 10.01 billion yuan, a decrease of 44.54 billion yuan compared to the previous year [3] Asset Quality and Capital Adequacy - As of September 2025, Jiangsu Bank's non-performing loan ratio was 0.84%, down 0.05 percentage points from the beginning of the year, while the provision coverage ratio was 322.62%, a decrease of 27.48 percentage points from the end of the previous year [5] - The bank increased its provision for credit impairment losses by 30.42% year-on-year to 156.83 billion yuan in the first three quarters of 2025 [5] - The core Tier 1 capital adequacy ratio fell to 8.61%, down 0.51 percentage points from the end of the previous year, and is less than one percentage point away from the regulatory requirement [4][5]