PAB(SZ:000001)2025-11-07 07:38Group 1: Financial Performance - The bank's operating income for the first three quarters of 2025 was CNY 1,006.68 billion, a decrease of 9.8% year-on-year [1] - The net interest margin for the same period was 1.79%, down 14 basis points compared to the previous year [1] - Net profit for the first three quarters was CNY 383.39 billion, a decline of 3.5% year-on-year [1] Group 2: Cost Management - Business and management expenses amounted to CNY 276.49 billion, a decrease of 9.6% year-on-year [1] - Credit and other asset impairment losses were CNY 259.89 billion, down 18.8% year-on-year [1] - The average interest rate on interest-bearing liabilities was 1.73%, a decrease of 47 basis points year-on-year [1] Group 3: Asset Quality - The non-performing loan ratio as of September 2025 was 1.05%, a decrease of 0.01 percentage points from the end of the previous year [1] - The provision coverage ratio stood at 229.60%, indicating strong risk compensation capability [1] Group 4: Retail and Corporate Banking - Personal deposit balance as of September 2025 was CNY 12,796.30 billion, a decrease of 0.6% from the end of the previous year [3] - The average interest rate on personal deposits was 1.87%, down 37 basis points year-on-year [3] - The bank's automotive finance loan balance reached CNY 3,003 billion, an increase of 2.2% year-on-year [1] Group 5: Customer Engagement and Strategy - The bank focuses on enhancing low-cost deposit acquisition and adjusting the pace of deposit and interbank liabilities [1] - The number of value clients in interbank institutions reached 1,438 as of September 2025 [3] - The bank emphasizes a customer-centric approach in corporate banking, focusing on industry-specific financial services [3]