非息收入补位，六大行单季日赚42亿元

Core Viewpoint - The six major state-owned banks in China reported stable growth in operating performance for the first three quarters of 2025, achieving a total operating income of approximately 2.73 trillion yuan and a net profit attributable to shareholders of 1.07 trillion yuan, despite pressures to reduce costs for the real economy [3][4]. Group 1: Financial Performance - The six major banks collectively achieved a net profit of over 389.8 billion yuan in the third quarter, averaging over 4.2 billion yuan in daily profit [3]. - All six banks reported positive year-on-year growth in both operating income and net profit for the first three quarters [3][4]. - The Industrial and Commercial Bank of China (ICBC) led with a net profit of 269.9 billion yuan, followed by China Construction Bank (CCB) and Agricultural Bank of China (ABC) with net profits of 258.4 billion yuan and 220.9 billion yuan, respectively [4][6]. Group 2: Profit Growth Disparities - The net profit growth rates varied significantly among the banks, with ABC leading at 3.03%, while CCB, ICBC, and Postal Savings Bank of China (PSBC) had growth rates below 1% [5][7]. - China Bank's net profit growth in the third quarter was 5.09%, attributed to improved asset quality and reduced tax rates [7]. Group 3: Revenue Trends - All six banks achieved positive revenue growth, with ICBC, ABC, CCB, and China Bank showing growth rates of 2.17%, 1.97%, 0.82%, and 2.69%, respectively [8]. - China Bank experienced the fastest revenue growth, driven by strong non-interest income, while CCB faced significant pressure leading to the lowest growth rate [8]. Group 4: Net Interest Margin - The net interest margin (NIM) for the six banks continued to decline, with PSBC having the highest NIM at 1.68%, followed by CCB and ABC at 1.36% and 1.30%, respectively [10][11]. - The decline in NIM is a significant challenge for the banking sector, impacting interest income and overall revenue [9][10]. Group 5: Non-Interest Income - Non-interest income has become a crucial supplement to profitability, with ABC and PSBC achieving double-digit growth in fee and commission income [12]. - Investment income for five of the six banks showed positive growth, effectively offsetting the pressure from declining NIM [12].