JPMorgan released a research report stating that the Postal Savings Bank of China will announce its third-quarter performance, expecting a slight decrease of 0.1% and 0.2% year-on-year in revenue and pre-provision profit respectively. The trend is expected to be relatively stable compared to previous quarters, with an average year-on-year profit growth of about 3%. The market's focus is on the management's guidance on net interest margin and the impact of newly announced policies.

JPMorgan expects that the net interest income growth of the Postal Savings Bank of China in the third quarter will remain flat, or decrease by 13 basis points year-on-year, a slower decline compared to the second quarter. Positive momentum for net interest income mainly comes from liability portfolio management, deposit repricing, and stabilization of loan rates. The profit growth of Postal Savings Bank of China (01658) may rebound due to the reduction in deposit agency fees, while Minsheng Bank (01988) may fall short of expectations due to a high base of non-fee income.