QILU BANK(SH:601665) Zhong Zheng Wang·2025-11-05 06:07Core Viewpoint - Qilu Bank is focusing on high-quality development through digital transformation and strategic planning, aiming to seize market opportunities and enhance its operational performance [1][2]. Financial Performance - In Q3, Qilu Bank achieved solid growth in business scale, with total assets, loans, and deposits increasing by 12.93%, 13.60%, and 10.35% respectively compared to the end of the previous year [2]. - The bank's net interest margin for the first three quarters was 1.54%, up by 3 basis points from the end of the previous year, contributing to a 17.31% year-on-year increase in net interest income [2]. - Asset quality improved, with a non-performing loan ratio of 1.09% and a special mention loan ratio of 0.96%, both decreasing by 0.10 and 0.11 percentage points respectively from the end of the previous year [2]. - The provision coverage ratio increased to 351.43%, up by 29.05 percentage points from the end of the previous year [2]. - Capital strength was enhanced with the successful conversion of convertible bonds, adding 6.4 billion yuan to core Tier 1 capital, resulting in a core Tier 1 capital adequacy ratio of 11.49%, ranking among the top in listed city commercial banks [2]. Future Strategy - Looking ahead to the 14th Five-Year Plan period, Qilu Bank plans to align with national and provincial development goals, focusing on key areas such as industrial financial services, retail financial efficiency, urban-rural integration, and digital transformation [3]. - The bank aims to systematically plan its strategic development tasks through top-level design, resource assurance, mechanism innovation, and capability enhancement [3].