The third quarter results already released by nine A-share banks in China point to a surge in profits in tandem with a decline in non-performing loan (NPL) ratios.
All nine of the banks that have released their third quarter results posted dual increases in operating revenues and net profits, while six of them saw year-on-year (YoY) posted operating revenue increases of more than 10%, and five saw gains in net profits of more than 20%. All nine banks also posted declines in their NPL’s.
2021 Third Quarter Performance Results for Nine Chinese Banks
| Bank | NPL | YoY Change | Operating Revenues (billion yuan) | YoY Change | Net Profits (billion yuan) | YoY Change |
| Hengfeng Bank | 1.26% | 2.445 | 7.86% | 0.895 | 13.09% | |
| Zhangjiagang Bank | 0.94% | -0.22 | 3.431 | 10.66% | 1.000 | 30.03% |
| Bank of Changshu | 0.81% | -0.14 | 5.633 | 12.96% | 1.792 | 18.92% |
| Bank of Xiamen | 0.92% | 3.856 | 3.13% | 1.539 | 20.15% | |
| Bank of Changsha | 1.20% | -0.03 | 15.691 | 19.68% | 5.246 | 18.40% |
| Bank of Hangzhou | 0.90% | -0.19 | 22.377 | 19.97% | 7.036 | 26.16% |
| Bank of Shanghai | 1.19% | -0.03 | 41.456 | 10.44% | 16.672 | 10.58% |
| Ping An Bank | 1.05% | -0.27 | 127.19 | 9.12% | 29.135 | 30.08% |
| China Merchants Bank | 0.93% | -0.20 | 251.41 | 13.54% | 94.356 | 22.43% |
