China Merchants Bank's third-quarter report continues to be stable and trending positively

China Merchants Bank's third-quarter report shows that the total assets reached RMB 11.65 trillion, total loans amounted to RMB 6.76 trillion, and the non-performing loan ratio was 0.94%. Operating income for the first three quarters was RMB 252.709 billion, with a net profit of RMB 113.184 billion, narrowing the decline. Net profit for the third quarter was RMB 38.441 billion, a year-on-year increase of 0.79%. CMB's net interest margin is 1.99%, maintaining a leading position in the market. The stock price has increased by 47.11% year-to-date, with a PB ratio of 1.01, indicating favor from the capital market