Agricultural Bank of China (ABC, 01288) announced its financial results for the first nine months ending September 30, 2025. The group achieved a net profit of RMB222.32 billion, representing a year-on-year increase of 3.28%. Net profit attributable to shareholders of the parent company reached RMB220.86 billion, up 3.03% YoY.

The annualized average return on total assets stood at 0.65%, down 0.04 percentage points from the previous year, while the annualized weighted average return on equity was 10.47%, decreasing by 0.32 percentage points. Basic earnings per share came in at RMB0.59, an increase of RMB0.03 YoY.

During the reporting period, the group recorded operating income of RMB550.77 billion, up 1.87% YoY. Net interest income declined 2.40% to RMB427.31 billion, with a net interest margin of 1.30%. Net fee and commission income rose 13.34% to RMB69.88 billion. Operating expenses increased 3.84% to RMB174.67 billion, resulting in a cost-to-income ratio (under Chinese accounting standards) of 29.14%, up 0.20 percentage points. Credit impairment losses decreased by RMB3.64 billion to RMB127.40 billion.

As of September 30, 2025, the bank's capital adequacy ratios under the Commercial Bank Capital Management Measures were 17.78% for total capital adequacy ratio, 12.92% for tier-1 capital adequacy ratio, and 11.16% for core tier-1 capital adequacy ratio. The average daily liquidity coverage ratio for Q3 2025 was 130.25%.