By the evening of October 30, all six major state-owned banks—ICBC, Agricultural Bank of China, Bank of China, CCB, Bank of Communications, and Postal Savings Bank—had disclosed their financial results for the first three quarters of 2025.

As pillars of the banking sector, these banks demonstrated steady growth and resilience while supporting economic stability. All six reported year-on-year increases in both net profit attributable to shareholders and operating income. Combined, they achieved a net profit of 1.07 trillion yuan (on a group basis). By the end of September, their non-performing loan (NPL) ratios remained below 1.34%.

In detail, ICBC, CCB, and Agricultural Bank of China each posted net profits exceeding 200 billion yuan—269.91 billion yuan, 257.36 billion yuan, and 220.86 billion yuan, respectively. Among them, Agricultural Bank of China recorded the highest growth rate at 3.03%.

In terms of revenue, ICBC led with 640.03 billion yuan, followed by CCB at 573.70 billion yuan and Agricultural Bank of China at 550.88 billion yuan. Bank of China saw the strongest revenue growth at 2.69%, reaching 491.20 billion yuan.

By the end of September, all six banks expanded their asset bases steadily. CCB and Agricultural Bank of China achieved double-digit growth, with CCB leading at 11.83% and Agricultural Bank of China at 11.33%. In total assets, ICBC ranked first with 52.81 trillion yuan, followed by Agricultural Bank of China (48.14 trillion yuan) and CCB (45.37 trillion yuan).

While growing their balance sheets, the banks maintained robust risk management, keeping asset quality stable. Five of the six saw their NPL ratios decline compared to the end of 2024. Bank of Communications recorded the largest drop, with its NPL ratio falling 0.05 percentage points to 1.26%. Postal Savings Bank maintained the lowest NPL ratio at 0.94%.

This year, the banks intensified efforts in key financial areas, including boosting consumption and supporting strategic sectors. Loan growth in priority segments generally outpaced overall lending growth.

For example, ICBC injected over 4 trillion yuan into loans and bond investments, setting a new high. Agricultural Bank of China strengthened rural and agricultural financing, with county-level loans exceeding 1 trillion yuan. Bank of China expanded inclusive finance, with small and micro-enterprise loans up 18.99% year-on-year to 2.71 trillion yuan. CCB’s manufacturing loans surpassed 3.5 trillion yuan, while Bank of Communications’ elderly care industry loans surged 41.75%. Postal Savings Bank’s agricultural loans reached 2.47 trillion yuan, with small and micro-enterprise loans at 1.75 trillion yuan.

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