Nan Fang Du Shi Bao·2025-10-31 03:49Core Insights - Minsheng Bank reported a total operating income of 108.51 billion RMB for the first three quarters of 2025, representing a year-on-year increase of 6.74% [2][5] - The net profit attributable to shareholders decreased to 28.54 billion RMB, down 6.38% year-on-year [2][5] - In Q3 2025, the bank's operating income was 36.13 billion RMB, a 4.61% increase compared to the same period last year, while net profit fell by 10.61% to 7.16 billion RMB [2][5] Financial Performance - For the first three quarters, net interest income was 75.51 billion RMB, up 2.40% year-on-year, with an average net interest margin of 1.42%, an increase of 2 basis points [6] - Non-interest income reached 32.99 billion RMB, showing an 18.20% increase year-on-year, driven by growth in trading and capital market activities [6] - The bank's basic earnings per share were 0.14 RMB, a decrease of 12.50% compared to the previous year [3] Asset and Liability Management - Total assets reached 78,728.64 billion RMB, an increase of 0.74% from the end of the previous year, with loans and advances totaling 44,367.59 billion RMB, a slight decrease of 0.31% [4] - Total liabilities were 71,723.16 billion RMB, up 0.19%, with customer deposits amounting to 42,556.02 billion RMB, reflecting a 0.15% increase [4] - The bank's focus on optimizing asset structure has led to a stable growth in general loans, which increased by 898 million RMB [4] Retail Banking and Customer Growth - The bank's retail customer base grew to 141.52 million, a 5.38% increase year-on-year, with private banking clients increasing by 18.21% to 73,409 [7] - Total assets under management (AUM) for retail clients reached 32,255.93 billion RMB, a 9.48% increase from the previous year [7] - Mortgage loans saw a cumulative issuance of 84.18 billion RMB in the first three quarters, a significant year-on-year growth of 24.23% [8] Asset Quality - The total amount of non-performing loans was 65.86 billion RMB, with a non-performing loan ratio of 1.48%, slightly up by 0.01 percentage points [8] - The bank's provision coverage ratio improved to 143.00%, an increase of 1.06 percentage points from the previous year [8] - The bank continues to enhance risk management strategies and monitor key areas to prevent new risks from emerging [8]