Research on the Influence of Financial Technology on The Profitability of Small and Medium-sized Commercial Banks

Abstract

This paper analyzes the overall profitability of city commercial banks and agricultural commercial banks, analyzes how financial technology has an impact from the existing theory and impact mechanism, and establishes panel data in the empirical part for analysis, it is concluded that financial technology can promote the profitability of small and medium-sized commercial banks, but there is heterogeneity between urban and rural commercial banks, finally, the paper gives some suggestions on the healthy upgrading and transformation of small and medium-sized banks and how to regulate the use of financial technology by regulatory authorities.