Research On The Influence Of Intermediary Business Income Structure On The Profitability Of Commercial Banks

With the reform of the financial system and the further advancement of interest rate liberalization,the banking industry's operating environment has become complicated.Internet finance and the rapid development of financial technology have profoundly changed the financial market environment in China.The profit model based on the spread of commercial banks has been unprecedentedly challenged.In order to seek sustainable growth in bank profitability,commercial banks were forced to adjust their business development methods and revenue structure to seek new profit growth points.The intermediary business has won the favor of banks with its unique advantages.The theoretical and empirical analysis of this paper combines the financial data of 16 listed commercial banks in China from 2008 to 2017 as a sample of this paper,and uses the wind database,company annual report and other data to conduct current and empirical analysis.The intermediate business income is divided into six categories,and the panel data is used to establish the model for regression.The empirical research on the relationship between the income structure and profitability of the intermediary business of China's listed commercial banks is conducted,and the following conclusions are drawn: the intermediate business income can improve the profitability of listed banks.In large state-owned banks,the income from payment and settlement business has no obvious impact on the improvement of the profitability of state-owned banks.The income from agency and wealth management has a significant positive impact on the profitability of state-owned banks,and the business income and bank cards of guarantee commitments.Business income is negatively correlated with the total return on assets of state-owned banks.In other small and medium-sized listed banks,the income from bank card business and the inco me from custody business are positively correlated with the total return on assets of the bank.The income from agency and wealth management business also has significant improvement on the profitability of other small and medium-sized listed banks.After drawing the conclusions,this paper puts forward some suggestions based on the analysis results,hoping to promote the profitability of commercial banks.