The first three quarters of industrial bank net profit 13.6 billion year-on-year increase 42%

Source: Internet
Author: User
NetEase Finance October 29 News today announced the third quarterly, the bank this year in the first three quarters to achieve the net profit attributable to shareholders of 13.595 billion yuan, an increase of 42.03%; basic earnings per share of 2.45 yuan, the growth of 36.25%; weighted average net assets yield of 19.18%,  Increased by 0.97% per share of net assets of 14.84 Yuan, up 24.47% from the beginning of the year.  The report showed that Societe Generale's net profit in the third quarter was 4.831 billion yuan, the highest quarterly record in years.  For the rapid growth of performance, Societe Generale explained that this is because the bank's business continued to grow fast and fast, the total assets growth faster, net interest rate increase, flexible allocation of assets, intermediary business income rapid growth, good asset quality, cost-income ratio to maintain a lower level. At the end of September, the total assets of Societe Generale were $1,810,267,000,000, up 35.89% from the beginning of the year and 88.907 billion for owners ' equity, up 49.18% from the beginning of this year. The total deposit amounted to $1,081,871,000,000, an increase of $180.987 billion from the beginning of the year, an increase of 20.09% and a loan balance of $825.569 billion, which was increased by 123.972 billion yuan at the beginning of this year.  The loan loss reserve was 11.437 billion yuan, an increase of 18.69% per cent at the beginning.  According to the classification caliber of loan level five, Societe Generale non-performing loan balance is 3.984 billion yuan, non-performing loan rate is 0.48%, lower than the beginning of the year 0.06%, the provision coverage is 287.06%. Societe Generale completed a total of 17.9 billion yuan in the first half of the allotment of funds to raise capital strength.  At the end of the reporting period, the bank had a capital adequacy ratio of 11.3%, an increase of 0.55% per cent at the beginning and a 8.79% increase in core capital ratios of 0.88%. During the reporting period, Societe Generale realized interest net income of 27.435 billion yuan, an increase of 42.25%, attributable to the expansion of asset-bearing assets, net spreads to rebound.  At the same time, due to the rapid development of intermediary business, the bank fees and commission income reached 3.708 billion yuan, an increase of 61.65%.  Cost, due to the expansion of business scale, the first three quarters of the bank's business and management fees for 9.969 billion yuan, an increase of 31.08%. During the reporting period, Societe Generale established the Societe Generale Financial Leasing Co., Ltd. was allowed to open, registered capital of 2 billion yuan, a wholly-owned subsidiary of the Bank, and authorized to operate financial leasing and related business.

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