Minsheng Bank earns 13 billion yuan in the first three quarters

30th, Minsheng Bank (600016) issued three quarterly reports, the first three quarters of this year, the company achieved net profit of 13.007 billion yuan, an increase of 27.51%. If the impact of the last year's treatment of Haitong securities equity earnings factors, the first three quarter net profit growth of 99.36%.　　The three quarter achieved net profit of 4.141 billion yuan, an increase of 46.48%. At the same time, the quality of Minsheng Bank's assets is stable while the profits are increasing and the scale is expanding. At the end of September, Minsheng Bank non-performing loan rate was 0.75%, the third quarter, Minsheng Bank non-performing loan rate from 0.79% to 0.75%, non-performing loans from 7.512 billion yuan to 7.397 billion yuan decreased from the beginning of 0.09%. At the same time, the Minsheng bank continued to increase the provision of funds, the provision of coverage reached 259.4%, compared with the beginning of the year increased by 53.36%.　　Among them, the third quarter of the provision coverage from 229.42% to 259.4%, the provision of cover balance from 17.234 billion to 19.188 billion yuan, the ability to resist risk further increase. It is understood that Minsheng Bank's net profit growth mainly from the increase in operating income, the first three quarters to achieve operating income of 40.041 billion yuan, increased by 8.692 billion yuan a year earlier, growth of 27.73%.　　Among them, net interest income of 33.021 billion yuan, up 45.53% from a year ago, in addition to the reasons for the expansion of business, the company's business unit reform brought about by the improvement of loan pricing ability and the "commercial loan" loan interest rate floating caused the increase of net interest margin is also an important factor. It is noteworthy that "do small micro-enterprise Bank" is the livelihood of the Bank business structure adjustment of important content, in the first three quarters of this year, Minsheng Bank small micro-enterprise loans "business lending" to achieve a leapfrog development, as at the end of September, "business lending" The loan balance was $120.011 billion, an increase of 75.202 billion yuan and an increase of 167.83% in the year, which increased by 32.743 billion yuan in the third quarter. "Commercial credit" loan has accounted for the Minsheng bank retail loans of half.