The "largest" rural commercial bank released its third-quarter report, SHRCB focuses on "precision" in retail, while customers aim for "scale."

SHRCB is the largest rural commercial bank by market value in the A-share market, and its profit trends are certainly of great interest. On the evening of October 30, SHRCB disclosed its third-quarter report for 2025. The quarterly report shows that from January to September, SHRCB achieved operating income of 19.831 billion yuan, a year-on-year decrease of 3.18%; it achieved a net profit attributable to shareholders of 10.567 billion yuan, a year-on-year increase of 0.78%, indicating relatively stable performance among similar banks. Correspondingly, SHRCB's stock price performance is also relatively outstanding among small and medium-sized banks, with only a 13% adjustment in the third quarter, clearly indicating institutional capital inflows and outflows. Good Cost Control Against the backdrop of increasing overall challenges in the external environment, the operating performance of various banks in this year's third-quarter report has diverged. SHRCB's operating income of 19.831 billion yuan in the first three quarters represents a year-on-year decrease of 3.18%; achieving a net profit attributable to shareholders of 10.567 billion yuan, a year-on-year increase of 0.78%, is considered stable. The stability of profitability is closely related to cost management actions. During the reporting period, SHRCB incurred business and management expenses of 5.378 billion yuan, a year-on-year decrease of 8.28%; the cost-to-income ratio was 27.16%, a year-on-year decrease of 1.50 percentage points. Increase in Non-Interest Income, Decrease in Net Interest Income A detailed analysis shows that the structure of SHRCB's operating income varies. Non-interest net income was 5.370 billion yuan, a year-on-year increase of 2.24%; however, during the same period, interest income decreased by 5.05% year-on-year. Since interest income has a larger scale, the overall operating income has declined. However, investment income remains strong, with SHRCB achieving 3.458 billion yuan in investment income in the third-quarter report, a year-on-year increase of 72.23%; foreign exchange gains and losses were 404 million yuan, a year-on-year increase of over 648%. This has made an important contribution to the overall growth of non-interest net income. Changes in Deposit and Loan Structure In terms of retail finance, during the reporting period, SHRCB's retail financial assets (AUM) amounted to 841.424 billion yuan, an increase of 46.106 billion yuan compared to the end of the previous year, with a growth rate of 5.80%; the number of individual customers (excluding credit card customers) was 26.1719 million, an increase of 1.4397 million compared to the end of the previous year, with a growth rate of 5.82%. Financial assets and customer numbers are the "cornerstones" of other businesses, and this performance is still quite good In addition, at the end of the reporting period, the savings AUM balance of SHRCB was CNY 589.994 billion, an increase of CNY 29.806 billion compared to the end of the previous year, with a growth rate of 5.32%; the non-savings AUM balance was CNY 251.430 billion, an increase of CNY 16.3 billion compared to the end of the previous year, with a growth rate of 6.93%. The interest rate on RMB deposits decreased by 35 BPs compared to the end of the previous year. At the end of the reporting period, the personal loan balance (excluding credit cards) of SHRCB was CNY 190.126 billion, a decrease of CNY 3.282 billion compared to the end of the previous year. Among them, the balance of mortgage loans was CNY 107.176 billion, an increase of 3.14% compared to the end of the previous year; the balance of non-mortgage loans was CNY 82.950 billion, a decrease of 7.31% compared to the end of the previous year. This is also in line with SHRCB's statement in the quarterly report, which emphasized the firm implementation of relevant policies and requirements for personal housing loan business, further strengthening risk management, enhancing pricing capabilities, and promoting the steady development of personal loan business. Cultivating Strategic Clients In addition, SHRCB has made significant efforts in terms of major clients. During the reporting period, the bank announced that it continued to promote the cultivation of new strategic clients at the head office level. At the end of the reporting period, the loan balance of head office-level strategic clients was CNY 98.930 billion, an increase of CNY 6.350 billion . This also contributed significantly to the increase of CNY 8.051 billion (growth rate of 1.64%) in the corporate loan balance compared to the end of the previous year; the corporate deposit balance increased by CNY 37.214 billion (growth rate of 7.71%) compared to the end of the previous year. Risk Warning and Disclaimer The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial conditions, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at their own risk