Bank of Communications (3328) Q3 2025 earnings summary

Executive summary

• Total assets rose 4.02% year-to-date to RMB15.5 trillion, with stable business operations and sound growth.

• Net operating income for the first nine months increased 1.86% year-over-year to RMB200.06 billion.

• Net profit attributable to shareholders grew 1.90% year-over-year to RMB69.99 billion.

Financial highlights

• Loans to customers increased 6.04% from year-end 2024 to RMB9.07 trillion; deposits from customers up 5.26% to RMB9.26 trillion.

• Net interest income rose 1.46% year-over-year to RMB128.65 billion, accounting for 64.31% of net operating income.

• Net fee and commission income was RMB29.40 billion, up 0.15% year-over-year.

• Cost-to-income ratio improved by 0.28 percentage points to 30.07%.

• Asset impairment losses decreased 3.02% year-over-year to RMB44.12 billion.

Outlook and guidance

• Management emphasized commitment to serving the real economy and maintaining financial stability.