Bank of Chengdu (601838) H1 2025 earnings summary

Executive summary

• Achieved solid growth in revenue and net profit for the first half of 2025, with continued expansion in assets and deposits, and maintained strong asset quality and risk controls.

• Focused on supporting regional economic development, innovation, green finance, and inclusive finance, with significant progress in digital transformation and customer service enhancements.

• Maintained a leading position among city commercial banks, ranking 170th globally in The Banker’s 2025 Top 1000 Banks list, up 14 places year-over-year.

Financial highlights

• Operating income reached RMB 12.27 billion, up 5.91% year-over-year; net profit attributable to shareholders was RMB 6.62 billion, up 7.29%.

• Total assets grew to RMB 1.37 trillion, up 9.77% from the end of 2024; total deposits increased 11.02% to RMB 983.48 billion; total loans rose 12.40% to RMB 834.63 billion.

• Basic EPS was RMB 1.57; weighted average ROE was 7.94%.

• Non-performing loan (NPL) ratio remained at 0.66%; provision coverage ratio at 452.65%.

• Net cash inflow from operating activities was RMB 49.18 billion, a significant improvement from the prior year.

Outlook and guidance

• Will continue to focus on supporting national and regional strategies, innovation, green and inclusive finance, and digital transformation.

• Plans to further enhance customer service, risk management, and operational efficiency, with an emphasis on high-quality growth and value creation.