INDUSTRIAL BANK(SH:601166) Nan Fang Du Shi Bao·2025-10-30 12:46Core Viewpoint - Industrial Bank reported a slight decline in operating income and a modest increase in net profit for the first three quarters of 2025, indicating a stable yet challenging financial environment [2][5]. Financial Performance - For the first three quarters of 2025, the bank achieved operating income of 161.23 billion yuan, a year-on-year decrease of 1.82% [2][5]. - The net profit attributable to shareholders was 63.08 billion yuan, reflecting a slight increase of 0.12% year-on-year [2][5]. - In Q3 alone, operating income was 50.78 billion yuan, down 0.78% year-on-year, while net profit for the same period was 19.94 billion yuan, a decrease of 0.08% [2][5]. Asset Quality - As of September 2025, the non-performing loan (NPL) ratio stood at 1.08%, an increase of 0.01 percentage points from the end of the previous year [2][8]. - The ratio of special mention loans decreased to 1.67%, down 0.04 percentage points from the end of the previous year [2][8]. - The bank reported a total NPL balance of 64.56 billion yuan, an increase of 3.08 billion yuan compared to the previous year [8]. Loan and Deposit Growth - The total assets of Industrial Bank reached 10.67 trillion yuan, growing by 1.57% from the end of the previous year [5]. - Customer loan balances amounted to 5.99 trillion yuan, reflecting a growth of 4.42% year-on-year [5]. - Customer deposits increased to 5.83 trillion yuan, a rise of 5.47% from the previous year [5]. Non-Interest Income - The bank's net fee and commission income was 20.08 billion yuan, showing a year-on-year increase of 3.79% [6]. - Other non-interest income totaled 30.19 billion yuan, which decreased by 9.28% due to market interest rate fluctuations [6]. Risk Management - The bank has maintained a provision coverage ratio of 227.81%, although this represents a decrease of 9.97 percentage points from the previous year [8]. - The bank has focused on risk management, particularly in the corporate real estate and credit card sectors, where new non-performing loans have decreased year-on-year [8][9]. Strategic Focus - The bank aims to enhance its professional service capabilities and optimize product design and business processes to improve customer experience [9].