According to the annual report of Bank of Communications, the net profit attributable to shareholders of the parent company in 20 16 was 672 1 100 million yuan, a year-on-year increase of 1.03%, and the growth rate was the same as that of the previous year. Operating income19365438+29 million yuan, down 0.36% from the same period of last year; Operating profit was 85.35 billion yuan, down 0.42% year-on-year. This is the first time that the bank's operating income and operating profit have declined simultaneously since the listing of A shares in 2007.

According to the research report of China Merchants Securities, the main reasons for suppressing the profit growth of Bank of Communications are the narrowing of net interest margin caused by interest rate cuts and camp reform, and the demand for provision under the pressure of asset quality.