--- title: "透視上市券商三季報：經紀、投資業務雙驅動 “大象” 穩行 “黑馬” 疾馳" description: "2025 年 A 股上市券商三季報顯示，42 家券商實現營業收入 4189.50 億元，同比增長 16.96%；淨利潤 1710.38 億元，同比增長 62.06%。頭部券商在規模上佔優，中小券商則在增速上表現突出。市場交投活躍，業內人士預計證券公司業務將進一步提升，儘管板塊估值仍低，但依然具備戰略性配置機會。" type: "news" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/263594336.md" published_at: "2025-10-30T19:50:22.000Z" --- # 透視上市券商三季報：經紀、投資業務雙驅動 “大象” 穩行 “黑馬” 疾馳 > 2025 年 A 股上市券商三季報顯示，42 家券商實現營業收入 4189.50 億元，同比增長 16.96%；淨利潤 1710.38 億元，同比增長 62.06%。頭部券商在規模上佔優，中小券商則在增速上表現突出。市場交投活躍，業內人士預計證券公司業務將進一步提升，儘管板塊估值仍低，但依然具備戰略性配置機會。 2025 年 A 股上市券商三季報披露圓滿收官。42 家上市券商合計實現營業收入 4189.50 億元，同比增長 16.96%；實現歸屬於上市公司股東的淨利潤 1710.38 億元，同比增長 62.06%。縱觀前三季度，券業賽場呈現 “規模與增速分軌競技” 的鮮明特徵：頭部券商擔當 “規模之王”，而中小券商則勇奪 “增速之冠”。在上市券商業績 “閃耀” 的背後，是市場交投活躍度的抬升。展望後市，業內人士認為，證券公司各項業務將邁上新台階，在盈利能力穩步提升但板塊估值仍處相對低位之際，券商板塊依舊具備戰略性配置機會。 ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Himalaya Food International Announces Strategic U.S. Expansion Through Official Product Registration With US Foods | Himalaya Food International Ltd :HIMALAYA FOOD INTERNATIONAL - ANNOUNCES STRATEGIC U.S. EXPANSION THROUGH OFFICIAL PRODU | [Link](https://longbridge.com/zh-HK/news/276220273.md) | | Even Elephants Have Enemies: 8 Animals That Can Take Them Down | The article discusses the surprising fact that elephants, despite being the largest land animals, can have predators. It | [Link](https://longbridge.com/zh-HK/news/276250634.md) | | Shopify Brief: Truist Says "Oppty Emerges W/Market Dislocation; Fundamental Growth Drivers Well Intact"; Upgrades SHOP to Buy and US$150 PT | Shopify Brief: Truist Says "Oppty Emerges W/Market Dislocation; Fundamental Growth Drivers Well Intact"; Upgrades SHOP t | [Link](https://longbridge.com/zh-HK/news/276130456.md) | | Steak 'n Shake credits Bitcoin strategy as driver of sales growth | Steak 'n Shake's Bitcoin experiment has evolved into a sales driver and a balance sheet strategy. | [Link](https://longbridge.com/zh-HK/news/276114408.md) | | Olympics-Crosscountry-Pellegrino and Ogden out of 50km classic | Olympic medallists Federico Pellegrino of Italy and Ben Ogden from the U.S. will miss the 50km classic cross-country ski | [Link](https://longbridge.com/zh-HK/news/276510333.md) | --- > **免責聲明**：本文內容僅供參考，不構成任何投資建議。