ICBC (01398) announced its financial results for the first three quarters of 2025. The bank reported operating income of RMB6.10968 trillion, a year-on-year increase of 1.98%. Net profit attributable to parent company shareholders stood at RMB269.908 billion, up 0.33% YoY, with basic earnings per share of RMB0.73.

Net interest income declined by 0.70% to RMB4.73416 trillion, while the annualized net interest margin fell by 15 basis points to 1.28%. Non-interest income rose 12.40% to RMB1.37552 trillion, including net fee and commission income of RMB908.68 billion, up 0.60%. Operating expenses (excluding taxes and surcharges) increased by 3.16% to RMB1.62238 trillion, resulting in a cost-to-income ratio of 26.55%.

Total impairment losses on assets decreased by 1.69% to RMB1.27093 trillion, though loan impairment losses rose 12.00% to RMB1.37473 trillion.

As of the end of the reporting period, total assets reached RMB52.813421 trillion, an 8.18% increase from the end of the previous year. Total customer loans and advances (excluding accrued interest) grew by 7.33% to RMB30.451929 trillion, with domestic RMB loans rising 7.65% to RMB20.43057 trillion. By segment, corporate loans amounted to RMB18.872814 trillion, personal loans to RMB9.101553 trillion, and bill financing to RMB2.477562 trillion. Investments increased by 16.33% to RMB16.465039 trillion.

Total liabilities expanded by 8.44% to RMB48.619638 trillion. Customer deposits rose 7.09% to RMB37.307824 trillion, comprising RMB22.503149 trillion in time deposits, RMB14.048997 trillion in demand deposits, and RMB2.58669 trillion in other deposits, along with RMB4.97009 trillion in accrued interest.

The non-performing loan (NPL) balance increased by RMB25.38 billion to RMB404.838 billion, while the NPL ratio improved slightly to 1.33%, down 0.01 percentage points. The provision coverage ratio rose to 217.21%, up 2.30 percentage points. Core tier-1 capital adequacy stood at 13.57%, tier-1 capital adequacy at 14.80%, and total capital adequacy at 18.85%, all meeting regulatory requirements.