Bank of China (3988) Q3 2025 earnings summary

Executive summary

• Profit for the nine months ended 30 September 2025 rose 1.12% year-over-year to RMB189.589 billion; profit attributable to equity holders increased 1.08% to RMB177.660 billion.

• Operating income for the nine months reached RMB492.115 billion, up 2.72% year-over-year.

• Total assets as of 30 September 2025 were RMB37,550.163 billion, up 7.10% from year-end 2024.

• Net interest income declined 3.04% year-over-year, while non-interest income grew 16.22%.

• Non-performing loan ratio improved to 1.24%, down 0.01 percentage point from year-end 2024.

Financial highlights

• Net interest income for nine months was RMB325.792 billion, down 3.04% year-over-year.

• Non-interest income reached RMB166.323 billion, up 16.22% year-over-year.

• Net fee and commission income increased 8.07% to RMB65.591 billion.

• Operating expenses rose 8.03% to RMB186.575 billion; cost-to-income ratio was 26.90%.

• Impairment losses on assets decreased 6.20% to RMB80.518 billion.

Outlook and guidance

• Interim cash dividend of RMB1.094 per ten ordinary shares (before tax) totaling RMB35,250 million was approved, pending general meeting approval.

• Dividend of RMB882.9 million (before tax) on Domestic Preference Shares (Fourth Tranche) was distributed at a 3.27% annual rate.