BOC Hong Kong (BOCHK) released its audited results for 2025, highlighting solid earnings growth, stronger capital buffers and higher shareholder returns.
Key financials • Net operating income before impairment rose 8.1 % to HK$77.02 billion. • Operating profit increased 3.8 % to HK$50.53 billion. • Profit attributable to equity holders climbed 4.9 % to HK$40.12 billion; profit for the year reached HK$41.19 billion. • Return on average equity stood at 11.51 %, while return on average assets was maintained at 0.95 %. • Adjusted net interest margin (including swap‐related funding) came in at 1.58 %, down 6 basis points year-on-year; reported NIM was 1.40 %. • Cost-to-income ratio improved to 23.62 % from 24.55 %. • Impaired loan ratio edged up to 1.14 % (2024: 1.05 %). • Total assets expanded 7.0 % to HK$4,489.81 billion; customer deposits grew 7.9 % to HK$2,940.46 billion and gross advances rose 2.3 % to HK$1,715.79 billion.
Capital & liquidity • Common Equity Tier 1 ratio: 24.01 % (2024: 20.02 %). • Total capital ratio: 25.98 % (2024: 22.00 %). • Average quarterly liquidity coverage ratio ranged between 184.39 % and 231.50 %; net stable funding ratio stayed above 139 % throughout the year.
Dividend • BOCHK began quarterly dividends in 2025. • Final dividend proposed: HK$1.255 per share; full-year dividend totals HK$2.125, 6.8 % higher than 2024. • Dividend payout ratio: 56.0 %.
Operational highlights • Maintained leading positions in Hong Kong residential mortgage and syndicated loan markets. • Offshore RMB businesses grew; deposits and loans related to Southeast Asia up 20 % and 10 % respectively. • Green and sustainability-related loans up 33.5 % versus prior year. • Continued digital push, completing AI projects under HKMA’s sandbox and advancing e-CNY initiatives.
Outlook BOCHK enters the first year of China’s 15th Five-Year Plan expecting continued support from national strategies and Hong Kong’s role as an international financial centre, aiming for high-quality, innovation-driven growth while maintaining robust risk and capital management.