On November 2, a financial frontline report stated that MINSHENG BANK (ASX: 01988) held its 2026 third-quarter earnings briefing today. Regarding the year-on-year fluctuation in single-quarter revenue for the third quarter, Zhang Lanbo, General Manager of the Asset-Liability and Financial Management Department of China Minsheng Banking Corp.,Ltd. (ASX: 600016), said it was mainly affected by market fluctuations, among which other non-interest net income fell by 552 million yuan year-on-year, while the sustainable portion still remained basically stable.
Over the past two years, the support of MINSHENG BANK's net interest income for operating revenue growth has continued to strengthen, and net interest income achieved year-on-year growth for each of the three consecutive quarters this year. In the third quarter alone, China Minsheng Banking Corp.,Ltd.'s net interest margin was 1.48%, up 1 basis point year-on-year and also higher quarter-on-quarter, while single-quarter net interest income increased by 355 million yuan year-on-year.
Regarding follow-up measures, he further stated that MINSHENG BANK will step up efforts to promote the deployment of high-quality assets, enhance the allocation of various types of assets, adhere to managing the full amount of customer funds, and promote the accumulation of low-cost funds, thereby providing a foundation for the growth of net interest income. At the same time, it will continuously improve comprehensive financial service capabilities, deepen intermediary businesses such as settlement, agency, and custody, strengthen market research and judgment, seize market opportunities, increase investment income, and raise the contribution rate of non-interest net income.
MINSHENG BANK emphasized the scale proportion of general loans and deposits absorbed in assets and liabilities. The core consideration is also to return to the essence of commercial bank operations, and by optimizing the asset-liability structure, improve the bank's value creation capability.
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