Research On The Relationship Between Commercial Banks' Risk-taking, Profitability And Third-party Payment

After the explosive growth of previous years,today's third-party payment industry is gradually transitioning to a regulated development period.As a competitor to the development of third-party payment platforms,commercial banks are now becoming more stable on the path of financial innovation.This paper explores the nonlinear relationship between the three by establishing a threshold model that uses the profitability of commercial banks as the explanatory variable,the scale of third-party payment transactions as the core explanatory variable,and the risk tolerance of the commercial bank as the threshold variable.The research results show that the third-party payment has a significant effect on the profitability of commercial banks based on the threshold effect of commercial bank risk as a threshold variable.When the risk-taking of commercial banks is lower than the threshold,third-party payment has a slight inhibitory effect on its profitability;when the risk-taking exceeds the threshold,the suppression of third-party payment on the profitability of commercial banks is significantly enhanced.At the same time,the study verifies that whether it is a full sample commercial bank or a large commercial bank,a joint-stock commercial bank,or a city commercial bank,there is a significant positive correlation between risk exposure and profitability.The study also found that the impact of third-party payment on the profitability of commercial banks has a two-way effect.On the one hand,third-party payment has a significant inhibitory effect on the profitability of commercial banks;On the other hand,third-party payment has played a positive role in improving the profit structure of commercial banks to a certain extent.