Modern commercial banks are in the core position in the financial and economic field of our country, and are important financial institutions in our country, which have a decisive influence on the regulation and control of the national economy. Only by promoting the in-depth development of financial innovation can listed banks improve their operating capabilities and competitive advantages, and thus improve the operating performance of listed commercial banks. This paper takes 54 listed commercial banks in China from 2013 to 2019 as samples, conducts multiple linear mixed regression analyses on the panel data of listed banks, and analyzes the effectiveness and influence of financial innovation on the operational performance of listed commercial banks through the fixed-effect model. The conclusions are as follows: 1) Financial innovation effectively improves the operating performance of listed banks; 2) The loan scale plays a significant intermediary role in the impact of financial innovation on the operating performance of listed banks; 3) The loan and deposit efficiency plays a significant intermediary role in the influence of financial innovation on the operating performance of listed banks. Therefore, on this basis, reasonable suggestions are put forward: 1) Commercial banks should further strengthen the innovation and service of financial products; 2) Commercial banks should coordinate the resonance ability of financial innovation and credit scale; 3) Commercial banks should strengthen financial innovation and credit risk. To commit to the long-term operation of banks, and promote the sustainable development of listed commercial banks.

Luo Binhang. Research on the Impact of Financial Innovation on the Operating Performance of Listed Commercial Banks. Academic Journal of Business & Management (2024) Vol. 6, Issue 5: 8-14. https://doi.org/10.25236/AJBM.2024.060502.

[1] Xiao, Y. G. (2022). Research on problems and countermeasures of intermediate business development of listed banks in China. Chinese Collective Economy (05), 80-81.

[2] Chen, W. H., Liang, N. (2021). Research on the influence of commercial banks' Operating Performance on stock price volatility. Journal of Dongyue (03), 122-130.

[3] Lu, Z. Y., Ma, H. (2021). Research on the impact of financial technology Innovation on the growth of the Real economy. Scientific Management Research (05), 150-159.

[4] Xu, Y. P. (2021). Research on financial innovation and Wealth management under the background of Internet finance. Accounting Learning (30), 146-148.

[5] Wu, S. (2021). The impact of financial innovation and financial risk on the economy. Western Leather (20), 110-111.

[6] Zhang, J. H. (2019). Analysis of listing status of Chinese commercial banks. China Market (35), 38-39.