Research On Financial Performance Evaluation Of Jiujiang Bank Based On Factor Analysis

Commercial banks are an important part of the financial industry,their normal operation is of great significance to the smooth development of the economy.With the deepening of financial reform,the increasingly stringent industry supervision and the increasingly fierce market competition,great changes have taken place in the business environment of banks.The traditional business model is challenged by the "Internet + model",which brings pressure to commercial banks.How to continue to move forward in the predicament and make profits continuously puts forward higher requirements for the management of commercial banks,especially for financial management.The most effective way to improve the level of financial management is to improve the performance of financial management.Therefore,how to improve the financial performance of banks has become a problem we need to explore.Establishing the financial performance system of commercial banks is conducive to improving the competitiveness of commercial banks in the market,enabling them to stand in the fierce competition,and also promoting the development of the whole banking industry.Moreover,according to the specific situation of the bank,it is very important to establish a suitable and reliable evaluation system for the overall layout and orderly development of the financial industry.Therefore,it is a very urgent and realistic task to continuously improve the financial performance level of our banking industry and make the whole industry develop smoothly.This paper takes Jiujiang Bank as an example,draws lessons from five aspects of CAMEL rating system,combines the actual situation of Jiujiang Bank and refers to relevant literature to select twelve representative indicators,and constructs a financial performance evaluation index system suitable for Jiujiang Bank.Then it gives a brief introduction to Jiujiang Bank and makes an analysis of its operation.However,we can find that the traditional financial analysis can not reflect the comprehensive situation of Jiujiang Bank,nor its position in the whole industry.Therefore,this paper uses factor analysis method to evaluate the financial performance of many commercial banks,including Jiujiang Bank,in the specific analysis process,and compares the scores of different commercial banks.Through comparison,it can be found that Jiujiang Bank has shortcomings in security,capital adequacy,liquidity and management level,which restricts the further development of Jiujiang Bank.In view of these problems,specific countermeasures are put forward to promote the development of Jiujiang Bank.