According to the latest data on the main regulatory indicators of the banking and insurance industry released by the State Administration of Financial Supervision and Administration, in the first quarter of this year, commercial banks in China achieved cumulative net profit of 672.3 billion yuan, an increase of 0.7% over the previous quarter; the average return on capital was 9.57%, up 0.63 percentage points from the end of the previous quarter; and the average return on assets was 0.74%, up 0.04 percentage points from the end of the previous quarter. At the end of the first quarter, the loan loss reserve balance of commercial banks in China was 6.9 trillion yuan, up 269.8 billion yuan from the end of the previous quarter; the provision coverage rate was 204.54%, down 0.6 percentage points from the end of the previous quarter; and the loan provision rate was 3.26%, down 0.01 percentage points from the end of the previous quarter. Also, at the end of the first quarter, the capital adequacy ratio of commercial banks (excluding foreign bank branches) was 15.43%; the Tier 1 capital adequacy ratio was 12.35%; and the core Tier 1 capital adequacy ratio was 10.77%. (Economic Reference Journal)