Bank of Ningbo(002142) 全景网·2025-04-29 10:12Core Viewpoint - Ningbo Bank demonstrated strong resilience in the first quarter of 2025, achieving steady growth in profits and assets despite a challenging external economic environment and intense industry competition [1][4]. Financial Performance - In Q1 2025, the net profit attributable to shareholders reached 7.417 billion yuan, a year-on-year increase of 5.76% [4]. - The operating revenue for the same period was 18.495 billion yuan, reflecting a year-on-year growth of 5.63% [4]. - The annualized weighted average return on equity was 14.18%, while the total asset return rate stood at 0.91% [4]. Asset Growth - As of March 31, 2025, the total assets amounted to 3396.035 billion yuan, representing an 8.67% increase from the beginning of the year [4]. - Loans and advances reached 1640.169 billion yuan, marking an 11.12% growth since the start of the year [4]. - Customer deposits totaled 2182.604 billion yuan, which is an 18.86% increase year-to-date [4]. Risk Management - The bank maintained a non-performing loan ratio of 0.76%, unchanged from the beginning of the year, and a provision coverage ratio of 370.54%, indicating strong risk mitigation capabilities [8]. - The bank's risk management system is comprehensive, covering all processes, chains, cycles, and dimensions, ensuring stable asset quality [8]. Strategic Focus - Ningbo Bank is committed to a strategy of "doing what big banks cannot do," focusing on differentiated development paths and leveraging financial technology to meet diverse customer needs [1][8]. - The bank aims to balance risk and return while adapting to changes in the operating environment, with a focus on sustainable and high-quality growth [8].