BANK OF CHINA (03988) announced its financial results for the first three quarters of 2025. The group achieved a post-tax profit of RMB189.589 billion, with post-tax profit attributable to shareholders reaching RMB177.66 billion, representing year-on-year growth of 1.12% and 1.08%, respectively. The average return on assets (ROA) stood at 0.70%, while return on equity (ROE) was 8.98%.

Operating income for the group totaled RMB492.115 billion, an increase of RMB13.01 billion or 2.72% compared to the same period last year. Net interest income declined by 3.04% YoY to RMB325.792 billion, reflecting a decrease of RMB10.205 billion. The net interest margin was reported at 1.26%.

Non-interest income rose significantly by 16.22% YoY to RMB166.323 billion, contributing 33.80% to total operating revenue. Within this category, net fee and commission income grew 8.07% to RMB65.591 billion, while other non-interest income surged 22.23% to RMB100.732 billion.

Operating expenses increased by 8.03% YoY to RMB186.575 billion, resulting in a cost-to-income ratio of 26.90%. Asset impairment losses decreased by 6.20% to RMB80.518 billion.

The group's non-performing loan balance stood at RMB288.669 billion, with a non-performing loan ratio of 1.24%, down 0.01 percentage points from the end of the previous year. The provision coverage ratio for non-performing loans was 196.60%, declining by 4.00 percentage points.

Capital adequacy ratios remained strong, with core tier 1 capital adequacy at 12.58%, tier 1 capital adequacy at 14.66%, and total capital adequacy at 18.66%.