Core Insights - Bohai Bank reported mixed financial results for the first three quarters, with revenue declining by 2.64% year-on-year while net profit increased by 4.65% [2][3] Financial Performance - For the first three quarters, Bohai Bank's operating revenue reached 19.326 billion yuan, a decrease of 2.64% year-on-year; net profit was 4.988 billion yuan, an increase of 4.65% year-on-year [3] - In the first half of the year, the bank's operating revenue was 14.215 billion yuan, showing a growth of 8.14%, while net profit was 3.830 billion yuan, up by 3.61% [3] - As of the end of September, total assets amounted to 1.91 trillion yuan, a growth of 3.36% from the end of the previous year; total liabilities were 1.79 trillion yuan, increasing by 3.40% [3] Capital Adequacy - The capital adequacy ratio stood at 10.88%, down by 0.75 percentage points from the end of the previous year; the Tier 1 capital adequacy ratio was 8.99%, down by 0.31 percentage points; and the core Tier 1 capital adequacy ratio was 8.09%, down by 0.26 percentage points [3] Asset Quality and Management Changes - The bank did not disclose the asset quality status as of the end of the third quarter; however, as of June, the non-performing loan ratio had increased by 0.05 percentage points to 1.81%, which is above the industry average [4] - In July, the National Financial Regulatory Administration approved Qi Jun as the Chief Risk Officer, who has experience in risk management and non-performing asset disposal [4] - The bank's executive team has undergone changes, with three new vice presidents approved in February and a resignation in July [4]
渤海银行前三季度营收下降、净利润增长