兴业银行三季报：风险收敛，百亿分红“在路上”

Core Viewpoint - The net interest margin of Industrial Bank continues to decline, with a focus on maintaining stable interest income and managing asset quality amid a challenging operating environment [1][3]. Financial Performance - For the first three quarters, Industrial Bank reported operating revenue of 161.23 billion yuan, a year-on-year decrease of 1.82%, with the decline narrowing compared to the first half of the year [1]. - Net interest income fell by 0.56% year-on-year, while net fee and commission income increased by 3.79% [1][2]. - The bank's net profit attributable to shareholders reached 63.08 billion yuan, a slight increase of 0.12% year-on-year [2]. Deposit and Loan Trends - Total deposits amounted to 5.83 trillion yuan, growing by 5.47% since the beginning of the year, with an interest rate of 1.71%, down 5 basis points from the first half [2]. - Total loans reached 5.99 trillion yuan, up 4.42% year-to-date, with corporate loans increasing by 7.54% and personal loans decreasing by 2.49% [2]. Asset Quality - The non-performing loan balance was 64.56 billion yuan, an increase of 3.08 billion yuan from the end of the previous year, with a non-performing loan ratio of 1.08% [3]. - The bank reported a decrease in new non-performing assets and a lower generation rate compared to the previous year, indicating improved risk management [3][4]. Shareholder Activity - Significant shareholder activity has been noted, with major shareholders increasing their stakes in Industrial Bank, including the Fujian Provincial Finance Department and others [4].