Core Viewpoint - Tianjin Bank reported its first interim results after the new board of directors was established in March 2025, showing growth in revenue and profit despite a challenging macroeconomic environment and narrowing net interest margins [1] Financial Performance - As of the end of the reporting period, Tianjin Bank's total assets reached 965.675 billion, a 4.3% increase from the previous year [1][2] - The bank achieved operating income of 8.83 billion, a year-on-year increase of 0.8%, and a total profit of 2.14 billion, up 4.9% year-on-year [1][4] - The non-performing loan ratio remained stable at 1.70%, while the provision coverage ratio improved to 171.29%, an increase of 2.08 percentage points from the previous year [1] Asset and Liability Management - The loan balance reached 471.033 billion, growing 6.9% from the previous year, indicating a preference for credit assets to support the real economy [2] - Total liabilities amounted to 895.759 billion, a 4.6% increase, with deposits reaching 533.951 billion, up 6.6% year-on-year [3] Deposit Structure - The bank's deposit structure showed that corporate deposits were 297.092 billion, increasing by 5.6%, while personal deposits totaled 213.9 billion, up 8.3% [3] - Tianjin Bank maintained a market share of 10.65% in the unit deposit market in Tianjin, ranking first in the city [3] Interest Income and Expenses - Interest income for the period was 15.14 billion, a decrease of 8.1 billion year-on-year, with an average yield on interest-earning assets at 3.77%, down 47 basis points [4] - The average interest rate on customer deposits was 2.24%, a decrease of 36 basis points from the previous year, contributing to a reduction in interest expenses [5][6] Net Interest Margin - The net interest margin was 1.47%, down 0.13 percentage points year-on-year, while the net profit margin decreased by 0.12 percentage points [6] - The bank's strategy to optimize deposit structure and reduce high-interest deposits was key to maintaining net interest margin stability [6]