BOC Hong Kong (Holdings) Limited has announced its financial results for the full year 2025. Net operating income before impairment allowances reached HK$77.019 billion, an increase of HK$5.766 billion, or 8.1%, compared to the previous year. Net interest income, after including funding income or costs related to foreign exchange swap contracts, rose year-on-year, driven by growth in average interest-earning assets. Net fee and commission income also increased annually, primarily due to capitalizing on the recovery in investment markets, which spurred growth in commission income from insurance, securities brokerage, and fund businesses. Net trading income saw a year-on-year increase, mainly attributable to higher revenue from global market trading activities.

Operating expenses increased; however, operational efficiency remained strong. This was largely due to optimized resource allocation focused on strategic development priorities, the adoption of low-carbon operations, the optimization of branch networks, and enhanced resource utilization efficiency. Additionally, net impairment allowance charges increased compared to the previous year.

The annual profit for the year amounted to HK$41.189 billion, an increase of HK$2.071 billion, or 5.3%, year-on-year. Profit attributable to the company's shareholders was HK$40.121 billion, rising by HK$1.888 billion, or 4.9%, compared to the prior year.

As of the end of 2025, the Group's total assets reached HK$4,489.809 billion, growing by HK$295.401 billion, or 7.0%, from the end of the previous year. Cash on hand and balances and placements with banks and other financial institutions decreased by HK$42.517 billion, or 7.0%, primarily due to a reduction in placements with central banks. Investments in securities and other debt instruments increased by HK$275.691 billion, or 18.9%, mainly driven by the Group's increased holdings of government and financial institution bonds. Loans and advances increased by HK$38.870 billion, or 2.3%, within which customer loans rose by HK$38.901 billion, or 2.3%.

As of December 31, 2025, the Common Equity Tier 1 capital ratio increased by 10.9% from the end of the previous year, primarily bolstered by the profit generated in 2025. Total capital grew by 9.2% compared to the end of 2024. Risk-weighted assets decreased by 7.5% from the end of 2024, mainly due to a reduction in credit risk and operational risk-weighted assets following the formal implementation of the Basel III final reforms on January 1, 2025.

The Common Equity Tier 1 capital ratio and the Tier 1 capital ratio both stood at 24.01%, while the total capital ratio was 25.98%. The Group is dynamically managing its capital resource allocation, striving to enhance capital returns, and ensuring the sustainable development of its business while meeting regulatory requirements, with the aim of achieving long-term stable growth in shareholder returns.