前三季度我国银行业整体运行稳健！

Core Insights - The overall assets of China's banking industry continue to grow, reaching 474.31 trillion yuan by the end of Q3 2025, a year-on-year increase of 7.9% [1] - Large commercial banks are increasingly dominating the asset concentration in the banking sector, with their total assets accounting for 43.9% of the banking industry's total [1] - The net profit of commercial banks for the first three quarters of the year remained stable at 1.87 trillion yuan, with an asset profitability ratio of 0.63% [2] Asset Growth and Concentration - By the end of Q3, the total assets of commercial banks reached 409.63 trillion yuan, reflecting an 8.8% year-on-year growth [1] - The asset concentration among different types of banks shows that large commercial banks' share increased by 0.2 percentage points from Q2, while the share of joint-stock commercial banks decreased by 0.1 percentage points [1] Loan Performance - The balance of inclusive loans for small and micro enterprises reached 36.5 trillion yuan, growing by 12.1% year-on-year, while inclusive agricultural loans totaled 14.1 trillion yuan, increasing by 1.2 trillion yuan since the beginning of the year [2] - The non-performing loan (NPL) ratio for commercial banks stood at 1.52%, a slight increase of 3 basis points from Q2 [3][4] Profitability and Efficiency - The net interest margin (NIM) for commercial banks was 1.42%, remaining stable compared to Q2, with large commercial banks reporting a NIM of 1.31% [2] - The profitability of commercial banks is under pressure, with expectations that NIM will remain constrained in the coming quarters due to market interest rate trends [3] Risk Management - The overall asset quality of commercial banks is stable, with a loan loss provision balance of 7.3 trillion yuan, reflecting a slight increase of 174 billion yuan from Q2 [3] - The provision coverage ratio is at 207.15%, indicating a strong capacity to absorb potential loan losses [3]