Nan Fang Du Shi Bao·2025-10-31 03:03Core Viewpoint - CITIC Bank reported a mixed performance in its Q3 results, with a 3.46% year-on-year decline in operating income, while net profit attributable to shareholders increased by 3.02% [1][2] Financial Performance - For the first three quarters, CITIC Bank achieved a net profit of 53.391 billion yuan, up 3.02% year-on-year, while operating income was 156.598 billion yuan, down 3.46% [2] - Net interest income was 107.702 billion yuan, a decrease of 2.06% year-on-year, with a net interest margin of 1.63%, down 0.16 percentage points year-on-year but up 0.02 percentage points quarter-on-quarter [2] - Non-interest income totaled 48.896 billion yuan, down 6.40% year-on-year, with fee and commission income increasing by 5.75% to 25.688 billion yuan [2] Business Segments - CITIC Bank's corporate loan balance reached 29,742.77 billion yuan, growing by 10.99% compared to the end of the previous year, with significant increases in loans to the manufacturing sector and strategic emerging industries [3][4] - Wealth management income increased by 13.59% year-on-year, and retail assets under management (AUM) surpassed 5 trillion yuan, reaching 5.26 trillion yuan, a 12.12% increase from the end of the previous year [3][4] - The credit card business saw a 54.21% year-on-year growth in installment loans, with 48.37% of new customers acquired through this channel in Q3 [3] Asset Quality and Liabilities - As of the end of the reporting period, CITIC Bank's total assets were 98,981.28 billion yuan, up 3.83% from the end of the previous year, with total loans and advances increasing by 1.09% to 57,824.81 billion yuan [4] - The non-performing loan (NPL) balance was 66.939 billion yuan, with an NPL ratio of 1.16%, unchanged from the end of the previous year, and a provision coverage ratio of 204.16%, down 5.27 percentage points [4]