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The disclosure of the three quarterly reports of listed banks came to an end, and the trend of revenue differentiation in the intermediary business was highlighted: some major state-owned banks and leading stock banks continued to lead the way in consignment sales and wealth management business and became the core engine for revenue growth in the intermediary business; the trend of small and medium-sized banks was polarized. According to Wande data, the total intermediate business revenue of 42 A-share listed banks in the first three quarters was 568.673 billion yuan, down 1.65% year on year. Only 17 banks had positive year-on-year revenue growth and 25 declining. Compared with the pattern of positive growth and negative growth of 16 semi-annual reports, the pressure on the industry continued to expand.
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The disclosure of the three quarterly reports of listed banks came to an end, and the trend of revenue differentiation in the intermediary business was highlighted: some major state-owned banks and leading stock banks continued to lead the way in consignment sales and wealth management business and became the core engine for revenue growth in the intermediary business; the trend of small and medium-sized banks was polarized. According to Wande data, the total intermediate business revenue of 42 A-share listed banks in the first three quarters was 568.673 billion yuan, down 1.65% year on year. Only 17 banks had positive year-on-year revenue growth and 25 declining. Compared with the pattern of positive growth and negative growth of 16 semi-annual reports, the pressure on the industry continued to expand.
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