[Listed banks' third quarterly reports are "submitted", interest spreads have stabilized, consolidated revenue fundamentals, and other non-interest income contributions have increased] November 2, last Friday, the disclosure of the third quarterly reports of A-share listed banks in 2026 came to an end. The operating "report cards" of listed banks in the first three quarters have been released, which has become an important anchor point for observing the current valuation recovery of bank stocks. Wind data shows that in the first three quarters of this year, 42 A-share listed banks achieved a total operating income of 4.66 trillion yuan, a year-on-year increase of 7.81%; net profit attributable to parent companies was 1.75 trillion yuan, a year-on-year increase of 3.78%. Overall, the revenue and net profit of listed banks continued to grow, mainly driven by factors such as the stabilization of interest margins and other non-interest improvements. The internal performance of the sector also showed structural differentiation.