CITIC Bank (00998) announced its results for the six months ended June 30, 2025. The Group achieved net profit attributable to shareholders of RMB36.478 billion, representing a year-on-year increase of 2.78%. Operating revenue reached RMB105.426 billion, down 2.96% year-on-year. Net interest income totaled RMB71.201 billion, declining 1.94% year-on-year, while non-interest income was RMB34.225 billion, down 5.01% year-on-year. Basic earnings per share stood at RMB0.62. The bank proposes to distribute a cash dividend of RMB1.88 per 10 shares (pre-tax).

From a quarterly perspective, net profit attributable to shareholders in the second quarter grew 4.11% year-on-year, with the growth rate improving by 2.45 percentage points compared to the first quarter. Operating revenue declined 2.29% year-on-year, with the decline narrowing by 1.36 percentage points from the first quarter, showing a positive trend.

Asset quality remained generally stable with strong risk resilience. As of the end of the reporting period, the Group's non-performing loan balance was RMB67.134 billion, an increase of RMB649 million or 0.98% from the end of the previous year. The NPL ratio remained flat at 1.16% compared to year-end levels. The provision coverage ratio was 207.53%, down 1.90 percentage points from year-end but up 0.42 percentage points from the end of the first quarter.

Assets and liabilities continued to grow with further structural optimization. As of the end of the reporting period, the Group's total assets reached RMB9,858.466 billion, up 3.42% from year-end. During the reporting period, the Group actively supported the real economy, with loans in key areas including green credit, strategic emerging industries, medium and long-term manufacturing loans, inclusive finance, and agriculture-related lending maintaining solid growth, enhancing service quality and efficiency for the real economy. Total loans and advances (excluding accrued interest) amounted to RMB5,801.9 billion, up 1.43% from year-end. Total customer deposits (excluding accrued interest) reached RMB6,106.907 billion, up 5.69% from year-end.