As we enter 2017, the first batch of private banks in China has been operating two and a half years; their market performance is of popular concern, of which the first five private banks last year are basically profitable. Anbound researchers believe that this indicates several issues. Private banks have just started to operate in China's banking market; the current performance of its initial performance shows a certain degree of competitiveness, yet it is still early for them to form strong competitiveness. However, from the view of the development of China's financing market, the development of private banks should be nurtured and encouraged. Regulators need to adjust the regulatory strategy, and vigorously promote the development of private banks, and not inhibiting the development merely because of some risks.