广东两家拟上市银行三季度业绩承压，IPO进程再度受阻

Core Viewpoint - Both Dongguan Bank and Nanhai Rural Commercial Bank have reported a decline in operating income and net profit for the first three quarters of the year, indicating ongoing financial challenges as they pursue their IPOs [2][3]. Financial Performance - Dongguan Bank achieved operating income of 6.918 billion yuan, a year-on-year decrease of 9.39%, and net profit of 2.544 billion yuan, down 20.66% from the previous year [3][4]. - Nanhai Rural Commercial Bank reported operating income of 4.277 billion yuan, a decline of 8.73%, and net profit of 1.865 billion yuan, down 17.08% year-on-year [4][5]. Revenue Structure - Dongguan Bank's net interest income remained relatively stable at 5.24 billion yuan, a slight decrease of 0.43%, but investment income fell significantly from 1.733 billion yuan to 1.343 billion yuan, a drop of 22.54% [4]. - Nanhai Rural Commercial Bank's net interest income decreased from 2.708 billion yuan to 2.528 billion yuan, a decline of 6.64%, while investment income increased from 1.329 billion yuan to 2.003 billion yuan, a growth of 50.75% [5]. IPO Status - Both banks' IPO applications have been repeatedly halted due to outdated financial information, marking the fourth time since March 2024 that their review status has changed to "suspended" [2][7]. - As of September 30, Dongguan Bank's core Tier 1 capital adequacy ratio was 9.13%, while Nanhai Rural Commercial Bank's was 12.51%, both showing a decline from the previous year [7]. Capital Supplementation - The banks are primarily relying on profit retention and the issuance of capital bonds for capital supplementation, but declining profitability is limiting their internal capital generation capabilities [8]. - Dongguan Bank issued 4 billion yuan in subordinated capital bonds, while Nanhai Rural Commercial Bank issued 3 billion yuan, providing some capital relief [8].