"Performance" CEB Bank's net profit in the third quarter was 12.396 billion RMB, a decline of 11%

CEB Bank (06818.HK) announced its third-quarter report for the period ending in September, with a net profit attributable to shareholders of RMB 37.0158 billion, a year-on-year decline of 3.6%, and earnings per share of 0.55. Operating income was RMB 94.337 billion, down 8%, of which net interest income was RMB 68.881 billion, a decrease of 5.1%; net fee and commission income was RMB 15.502 billion, an increase of 2.2%.

In the third quarter alone, operating income was RMB 28.386 billion, a decline of 13%. Net profit attributable to shareholders was RMB 12.396 billion, down 11%, with earnings per share of 0.17.

As of September, the non-performing loan balance was RMB 50.712 billion, an increase of RMB 1.46 billion from the beginning of the year; the non-performing loan ratio was 1.26%, up 0.01 percentage points; and the provision coverage ratio was 168.92%, down 11.67 percentage points