EVA (Economic Valueadded)，as a comparatively effective indicator to currently evaluate the valuecreating capacity and business performance of a company，is the balance of the net business profit after tax after the deduction of all capital and costs. EVA Model is used to evaluate the business performance of five stateowned commercial banks based on 20052012 financial statements，and meanwhile，the empirical analysis of EVA driving factors is conducted. The results show that there is a negative correlation among business performance，selfcapital scale and capital adequacy ratio among the stateowned commercial banks from the perspective of microlevel，and that there is a positive correlation between loandeposit ratio and provision coverage ratio.