A Study On The Impact Of The Income Structure Of Listed Commercial Banks On Operating Performance

For a long time,the interest income is the main source of income of the commercial banks of our country,However,with the deepening of China's market-oriented interest rate and the implementation of financial disintermediation degree,commercial banks can no longer rely on traditional income structure to achieve sustainable development.So commercial banks have to adjust their income structure,actively develop non-interest business and improve the proportion of non-interest income.In 2014,the proportion of non-interest income of listed commercial banks in China reached 24.15%.However,compared with foreign advanced commercial banks,there is still a big gap.In today's economic integration,China's commercial banks should continue accelerating the pace of optimizing the income structure to narrow the gap.In order to provide suggestions to optimize the income structure of commercial banks,this article focuses research on the influence of the income structure change on business performance.Based on the analysis of previous research results,this paper firstly concludes and summarizes the theories of the influence of income structure on business performance;then combining theory with practice,analyze the current situation and changes of China's 16 listed commercial banks' income structure;followed by the annual financial data of 14 listed commercial banks established a multivariate panel regression model,empirically studying of the influence of commercial banks'income structure on their operating performance.Also,based on 14 listed commercial bank heterogeneity,compare and analyze of the influence of different types of commercial banks' income structures on their operating performance.The empirical results show that:Overall,the listed commercial banks interest income and non-interest income has a positive effect on business performance,and the influence of non interest income is greater;further comparative analysis of sub-samples that fee and commission income have a significant positive impact on the performance of both state-owned commercial banks and joint-stock commercial banks,and the influence on state-controlled banks is more obvious;investment income has positive influence on the joint-stock commercial banks' operating performance,while the impact on the state-owned commercial bank and city commercial bank is not obvious;from the view of the control variable,the asset size and cost will also affect the commercial banks business performance.Finally,the according to the results of theoretical and empirical analysis,focusing on Commercial Bank propose suggestions like reasonably developing traditional business interest,vigorously develop the non-interest business and strengthen the bank's internal management to optimize the revenue structure.