Three Banks bulletin year-on-year

Performance letters show that everbright bank 2010 performance year-on-year growth of 65.88% socgen performance year-on-year growth of 40%

After the 2010 Shanghai pudong development bank beautiful first released after di atches performance last week, everbright bank, societe generale performance, two successive letters appear respectively year-on-year growth of up to bank performance 65.88%, 40%, this also from another side confirmed 2010 listed Banks performance general increase a few entrenched.

Note that in three companies listed Banks performance data JiZeng express behind, but still shows that in size of credit strictly under the background of the fourth quarterly results are not ideal side. While in 2011, it will also be for bank earnings growth buried variables. In addition, three Banks beautiful in its annual report, all did not substantially provision for local financing platform loans, to this, million to LiShuangWu al securities banking researcher of the securities daily reporter said: "we still maintain annual strategy of big logic, namely, bank shares rose sharply provision in persistent need local financing platform loan appeared after. The three Banks performance letters are not sharply provision shows happened, although performance beautiful, but they still fail to support sustainable rising share prices to happen."

As everbright bank, societe generale performance express disclosure, plus earlier in the Shanghai pudong development bank, shenzhen two city 2010 listed Banks performance bulletin disclosure bank has to three home. Three Banks 2010 performance are adequately, net profit year-on-year growth reached 40%.

Everbright bank performance letters show that the company 2010 operating income 353.79 billion yuan, operating profit 168.69 billion yuan, profit total 170.02 billion yuan, profit attributable to shareholders of a listed company 126.78 billion yuan, an increase of 65.88%. Through calculation, diluted earnings per share after for 0.31 yuan. By the end of the decade, the bank loans and DianKuan total balance for 7799.34 billion yuan, an increase of 20.18%; According to relevant category classification caliber accounting, bad loans for 0.75%, falling by 0.5 percentage points, The non-performing loan provision coverage rate will reach 313.38% year-on-year increase the 119.39 percentage points.

The same released on performance bulletin display societe generale performance also obtain a sharp increase. The bank 2010 operating income 435 million yuan, an increase of 37%, Attributable to the parent company shareholder net profit 18.5 billion yuan, an increase of 40%; Basic earnings per share to 3.28 yuan. By the end of 2010, societe generale, net asset per share for 15.34 yuan.

According to the bulletin data calculation, the two companies cost of credit is extremely low. Everbright bank company's actual cost of credit only 0.2%, far below the level at normal economic cycle. But socgen according to the calculation of the cost of credit is close to zero.

Until now, three disclosure performance express listed Banks 2010 performance are realizing sharply increased. Last year just listed everbright bank, reaches the highest growth 65.88%, and the remaining two Banks performance increase also have 4 into. Can foresee, rapid growth in asset scale, the net interest expanded profits element, driven listed Banks 2010 performance collective income is already the Shouting.