Nan Fang Du Shi Bao·2025-10-30 12:57Core Insights - Everbright Bank reported a decline in both revenue and net profit for the first three quarters of 2025, with revenue down 7.94% to 94.27 billion yuan and net profit down 3.40% to 37.28 billion yuan [2][3] - The bank's non-performing loan (NPL) ratio increased by 0.01 percentage points to 1.26% compared to the end of the previous year [2][3] - Despite the overall decline, the bank's intermediary business income turned from a 0.9% decrease in the first half to a 2.2% increase, indicating an optimization in revenue structure [2][5] Financial Performance - As of the reporting period, Everbright Bank's total assets reached 7.22 trillion yuan, a 3.72% increase from the end of the previous year, with total loans and advances at 4.03 trillion yuan, up 2.37% [3] - The bank's total liabilities grew by 3.83% to 6.61 trillion yuan, with deposits increasing by 3.69% to 4.18 trillion yuan [3] - In Q3 alone, revenue fell by 13.01% and net profit dropped by 10.33% compared to the same quarter last year [3] Asset Quality - The non-performing loan balance increased by 1.46 billion yuan to 50.71 billion yuan, with a NPL ratio of 1.26% [3] - The provision coverage ratio decreased by 11.67 percentage points to 168.92% [3] - The bank's Chief Risk Officer highlighted that asset quality pressure is mainly concentrated in the real estate sector and related upstream and downstream businesses [4] Revenue Composition - Net interest income for the first three quarters was 68.88 billion yuan, down 5.11%, accounting for 43% of total revenue [5] - Net fee and commission income rose by 2.18% to 15.50 billion yuan, making up 9.68% of total revenue [5] - Investment income surged by 29.39% to 12.57 billion yuan, representing 7.85% of total revenue [5] Business Strategy - The bank's retail asset management scale reached 3.15 trillion yuan, a 6.68% increase from the end of the previous year [6] - Everbright Bank aims to enhance its business operations and competitive advantages while optimizing its business structure amid revenue and profit pressures [6] - The focus is on transitioning from structural optimization to performance breakthroughs, which is a key area of market attention [6]