Research On The Factors Affecting The Profitability Of China's Listed Commercial Banks Under The New Economic Normality

After the economic crisis,our country economy into the depth of the period of transition,China's GDP growth rate began decreasing trend,the development of domestic economic development also appears weak state,our country's economy has begun to gradually by the rapid growth of the past into the high-speed growth model,optimize economic structure of the domestic,the industry is to conduct a comprehensive upgrade,the country's economic development and therefore from the previous “old normalmodel of development,has entered a new development mode of” new normal".And the emergence of the “new normal”economy,also to some extent changed the “ecological environment” the development of China's financial industry,especially for the business model of commercial Banks,such as income structure profound impact.Study the financial profitability of Chinese commercial Banks under the new norm influence factor is how to change,and the impact on the profitability of commercial Banks how to is worth of research value,and through to the commercial Banks in the financial profitability under the background of the new normal big study,also can to a certain extent for the healthy development of commercial Banks after provide better reference.This article is the financial new normal this big background,the first of commercial bank profitability related economic theories,the new normal correlation theory of the impact of commercial bank profitability is analyzed,and then from the macroscopic and microscopic two angles to influence the factors affecting the profitability of listed commercial Banks in China is analyzed,and determine the measure of our country commercial bank profitability index and influence factors of indicators.Finally,using STATA software,selecting 2002-2008(old normal)and 2009-2015(new normal)two stages of 16 listed commercial Banks in our country the influence factors of the profitability of the empirical analysis,through the contrast analysis of economic under the new normal factors affecting the profitability of listed commercial Banks in China have what kind of change.It was found that during the old normal fee and commission rate and the connection between the return on assets of commercial Banks is not significant,but during the period of the new normal,fees and commissions ratio and return on assets of commercial Banks present a very significant positive correlation.This suggests that under the new economic norm,non-interest income has more and more influence to the commercial bank profitability,non-interest income has become one of the main source of commercial bank profitability;Asset scale,the business management of ratio,capital adequacy ratio,net interest margin,LDR,cost income ratio,market concentration index of commercial Banks,financial disintermediation return on assets,the influence of the economic period of the new normal behave is more strong than the old normal period.Therefore under the new economic norm,the income structure of commercial Banks is in constant transformation,non-interest income in commercial Banks profit income proportion is more and more big,the commercial Banks to resist risk ability and requirements for the control of cost and management cost is increased,the structure of commercial bank itself is constantly perfecting,thus makes the commercial Banks to become more competitive in the future competition.