至此，贵阳银行营收连续6个季度同比下降。①The proportion of fixed deposits of bank of guiyang to total deposits increased from 62.83% at the beginning of the year to 68.52% in the third quarter. ②The net interest margin of bank of guizhou at the end of the third quarter remained stable at 1.80%, a decrease of 0.01 percentage point from the end of June this year. ③In the latest quarterly report, the non-performing loan ratio of bank of guiyang decreased from 1.62% in the half-year to 1.57%, a decrease of 0.05 percentage points.
On October 28, Financial News (Reporter: Guo Zishuo) reported that bank of guiyang (601997.SH) released the third quarter report for 2024 on the evening of the 28th.
During the reporting period, bank of guiyang's total assets increased by 31.531 billion yuan to 719.599 billion yuan compared to the beginning of the year, a growth of 4.58%. The bank achieved revenue of 10.937 billion yuan, a year-on-year decrease of 4.42%, and realized a net income attributable to shareholders of the parent company of 3.97 billion yuan, a year-on-year decrease of 6.81%.
Bank of guiyang's revenue has continued to decline year-on-year for 6 consecutive quarters.
As of the end of September 2024, bank of guiyang's total deposits were 419.404 billion yuan, an increase of 19.184 billion yuan compared to the beginning of the year, a growth of 4.79%. Among them, the proportion of savings deposits to total deposits is 51.01%, an increase of 3.63 percentage points from the beginning of the year. Furthermore, the trend of regularization of bank of guiyang's deposits is further highlighted, with the proportion of fixed deposits to total deposits increasing from 62.83% at the beginning of the year to 68.52% in the third quarter.
Looking specifically, savings fixed deposits and corporate fixed deposits of bank of guiyang are 170.051 billion yuan and 117.304 billion yuan respectively, accounting for 40.55% and 27.97% of total deposits. By comparison, savings fixed deposits and corporate fixed deposits of bank of guiyang accounted for 36.36% and 26.47% of total deposits at the beginning of 2024.
To date, net interest income remains the main source of revenue for bank of guiyang. In 2023, bank of guiyang's net interest income accounted for around 90% of total revenue.
Wind data shows that this ratio has dropped from 89.93% at the beginning of the year to 79.01% in the first quarter, but it still remains around 80%. In the first three quarters, bank of guiyang's net interest income was 8.671 billion yuan, a decrease of 15.61% compared to the same period last year. Based on this calculation, the net interest income of the bank in the first three quarters of this year accounted for 79.29% of total revenue.
Against the background of deposit regularization and a high proportion of interest net income to revenue, the net interest margin of Bank of Guizhou at the end of the third quarter remained stable at 1.80%, a decrease of 0.01 percentage points from the net interest margin of 1.81% at the end of June this year. Bank of Guiyang stated in its third quarter report that factors such as benefiting the real economy, adjusting asset structure, and the continued downward trend in market interest rates have contributed to a slight narrowing of the net interest margin.
The asset quality of Bank of Guiyang has always been a key focus of the market. During the interim results briefing for the first half of 2024 of Bank of Guiyang, investors questioned the reasons behind the increase in non-performing loan ratio and when the turning point is expected. In the latest third quarter report of Bank of Guiyang, the non-performing loan ratio decreased from 1.62% in the half-year to 1.57%, a decrease of 0.05 percentage points. At the same time, the bank's provision coverage ratio increased by 18.03 percentage points from the beginning of the year to reach 262.53%.
