Core Viewpoint - Bohai Bank reported a steady growth in its financial performance for the first half of 2025, with a focus on high-quality development and risk management in a challenging economic environment [1][5]. Financial Performance - For the first half of 2025, Bohai Bank achieved operating income of 14.215 billion yuan, an increase of 8.14% year-on-year [1]. - The net profit for the same period was 3.830 billion yuan, reflecting a year-on-year growth of 3.61% [1]. - The cost-to-income ratio improved to 32.17%, down by 4.10 percentage points compared to the previous year [1]. - As of June 30, 2025, total assets reached 1.82 trillion yuan, while total liabilities stood at 1.71 trillion yuan [1][5]. Strategic Initiatives - Bohai Bank is committed to enhancing financial services to support the real economy, focusing on five key areas to drive high-quality development [2]. - The bank has significantly increased its technology-driven financial services, with loans to technology enterprises reaching 71.252 billion yuan, a growth of 51.28% from the previous year [2]. - Green loans amounted to 49.902 billion yuan, up 15.02% year-on-year, reflecting the bank's commitment to sustainable finance [3]. Risk Management - The bank has strengthened its risk management practices, achieving a provision coverage ratio of 159.70%, an increase of 4.51 percentage points since the beginning of the year [7]. - Capital adequacy ratios, including total capital, tier 1 capital, and core tier 1 capital, were reported at 11.24%, 9.31%, and 8.39%, respectively, indicating improved risk resilience [7]. Operational Efficiency - Bohai Bank has optimized its deposit product structure, resulting in a decrease in the RMB deposit interest rate to 2.03%, down 33 basis points year-on-year [6]. - The bank's operating expenses for the first half of 2025 were 4.839 billion yuan, a decrease of 3.57% compared to the previous year, contributing to enhanced efficiency [6].

Core Viewpoint - Bohai Bank reported a dual growth in operating income and net profit for the first half of 2025, with significant contributions from non-interest income, despite a slight decline in net interest income due to industry conditions and policy directions [2][3]. Financial Performance - As of June 30, 2025, Bohai Bank's total assets amounted to 1.82 trillion yuan, a decrease of 20.04 billion yuan or 1.09% from the end of the previous year; total liabilities were 1.71 trillion yuan, down 1.34% [2]. - The bank's operating income for the first half of 2025 reached 14.215 billion yuan, an increase of 8.14% year-on-year; net profit was 3.830 billion yuan, up 3.61% [2]. Revenue Structure - The growth in revenue was driven by a combination of interest and non-interest income, with non-interest income showing particularly strong performance. Non-interest income rose to 6.169 billion yuan, an increase of 1.1 billion yuan or 21.81% year-on-year, while net interest income slightly decreased to 8.046 billion yuan, down 0.43% [3]. Net Interest Margin and Asset-Liability Management - The net interest margin stabilized at a low level, recorded at 1.20%, up 0.04 percentage points year-on-year; the net interest yield was 1.32%, down 0.04 percentage points [4]. - The bank's interest expenses decreased from 11.2 billion yuan in the previous year to 10 billion yuan, a reduction of 10.34%, due to optimized deposit structure and declining market interest rates [4]. Asset Quality and Risk Management - The asset quality remained within a reasonable range, with a slight increase in the non-performing loan (NPL) ratio from 1.76% to 1.81%, while the NPL balance rose to 17.269 billion yuan, an increase of 789 million yuan [5]. - The bank's provision coverage ratio improved from 155.19% to 159.7%, indicating enhanced risk buffer capacity [5]. Capital Adequacy - As of June 30, 2025, the capital adequacy ratio, tier 1 capital adequacy ratio, and core tier 1 capital adequacy ratio were 11.24%, 9.31%, and 8.39%, respectively, all meeting regulatory requirements [6].

Core Insights - Bohai Bank reported growth in both operating income and net profit for the first half of 2025, with significant contributions from non-interest income, although net interest income slightly declined due to industry conditions and policy directions [1][2] Financial Performance - As of June 30, 2025, Bohai Bank's total assets were CNY 1.82 trillion, a decrease of CNY 200.40 billion or 1.09% from the end of the previous year; total liabilities were CNY 1.71 trillion, down 1.34% [2] - The bank's core profitability indicators showed positive growth, with operating income reaching CNY 14.215 billion, an increase of 8.14% year-on-year, and net profit of CNY 3.830 billion, up 3.61% [2] - Non-interest income grew significantly, rising from CNY 5.065 billion in the same period last year to CNY 6.169 billion, marking an increase of CNY 1.1 billion or 21.81% [2][3] Income Structure - The proportion of non-interest income in total operating income increased to 43.4%, up 4.5 percentage points from the previous year, driven by initiatives in supply chain ecosystems, intelligent treasury systems, and enhanced cross-border financial services [3] Net Interest Margin - The net interest margin for the first half of 2025 was 1.20%, up 0.04 percentage points year-on-year, while the net interest yield was 1.32%, down 0.04 percentage points [4] - The bank focused on optimizing its liability structure and reducing interest costs, with interest expenses decreasing from CNY 11.2 billion in the previous year to CNY 10 billion, a reduction of 10.34% [4] Asset Quality - Bohai Bank maintained a reasonable asset quality, with a slight increase in the non-performing loan (NPL) ratio from 1.76% at the end of the previous year to 1.81% [6] - The NPL balance rose to CNY 17.269 billion, an increase of CNY 789 million [6] Risk Management - The bank's provision coverage ratio improved from 155.19% at the end of the previous year to 159.7%, with loan impairment provisions reaching CNY 27.579 billion, an increase of CNY 2.005 billion [7] - Capital adequacy ratios remained robust, with total capital adequacy ratio at 11.24%, tier 1 capital ratio at 9.31%, and core tier 1 capital ratio at 8.39%, all meeting regulatory requirements [7]

Core Viewpoint - Bohai Bank reported a steady growth in its financial performance for the first half of 2025, with a focus on high-quality development and enhanced financial services to support the real economy [1][5]. Financial Performance - For the first half of 2025, Bohai Bank achieved an operating income of 14.215 billion yuan, a year-on-year increase of 8.14% - The net profit for the same period was 3.830 billion yuan, reflecting a year-on-year growth of 3.61% - The cost-to-income ratio improved to 32.17%, down by 4.10 percentage points compared to the previous year [1][5][8]. Asset and Liability Management - As of June 30, 2025, the total assets of Bohai Bank reached 1.8238 trillion yuan, while total liabilities stood at 1.7104 trillion yuan - The bank's loan and advance total was 954.422 billion yuan, with deposits amounting to 1.004185 trillion yuan [7][8]. Sector Focus and Strategic Initiatives - Bohai Bank emphasized its commitment to supporting key sectors such as technology innovation, advanced manufacturing, green development, and agriculture, with loan growth rates in these areas surpassing general loan growth [5][9]. - The bank has actively engaged in technology finance, with loans to technology enterprises reaching 71.252 billion yuan, a 51.28% increase from the previous year [2]. Green Finance and Sustainable Development - The green loan balance as of June 30, 2025, was 49.902 billion yuan, up 15.02% from the previous year - Bohai Bank invested 10.8 billion yuan in green bonds, marking a 57% increase year-on-year [3]. Digital Transformation - The bank is advancing its digital transformation through the implementation of AI, big data, and cloud computing technologies, enhancing its IT infrastructure and financial service capabilities [6]. Risk Management - As of June 30, 2025, the bank's non-performing asset disposal efforts led to a provision coverage ratio of 159.70%, an increase of 4.51 percentage points from the beginning of the year [9].

Core Viewpoint - Bohai Bank reported a year-on-year increase in both operating income and net profit for the first half of 2025, despite facing a challenging low-interest-rate environment [1][2] Financial Performance - The bank achieved operating income of 14.215 billion yuan, a growth of 8.14% year-on-year [1] - Net profit reached 3.83 billion yuan, reflecting a year-on-year increase of 3.61% [1] - As of June 30, 2025, total assets amounted to 1.8238 trillion yuan, while total liabilities were 1.7105 trillion yuan [1] Loan and Deposit Management - Total loans and advances stood at 954.422 billion yuan, with total deposits at 1.004185 trillion yuan as of June 30, 2025 [1] - The bank optimized its deposit product structure, focusing on low-cost deposits and institutional deposits while controlling high-cost deposits [1] Non-Interest Income and Net Interest Margin - Non-interest income reached 6.169 billion yuan, marking a significant year-on-year increase of 21.81% [1] - The net interest margin improved despite a general industry trend of narrowing margins [1] Cost Management and Efficiency - Operating expenses for the first half of 2025 were 4.839 billion yuan, down 3.57% year-on-year [2] - The cost-to-income ratio decreased by 4.10 percentage points to 32.17%, indicating improved efficiency [2] Asset Quality and Capital Adequacy - The bank increased its efforts in managing non-performing assets, achieving a provision coverage ratio of 159.70%, up 4.51 percentage points from the beginning of the year [2] - Capital adequacy ratios as of June 30, 2025, were 11.24% for total capital, 9.31% for tier 1 capital, and 8.39% for core tier 1 capital [2]

人民财讯8月28日电，渤海银行发布2025年中期业绩公告显示，上半年，该行实现营业收入142.15亿 元，同比增幅8.14%；实现净利润38.3亿元，同比增幅3.61%。截至2025年6月末，该行资产总额达 18238.02亿元，较年初降幅1.09%。资产质量方面，截至6月末，该行不良贷款率1.81%，较上年末上升 0.05个百分点。 ...

Core Viewpoint - Bohai Bank reported a growth in both revenue and net profit for the first half of 2025, driven primarily by financial investment income, despite facing challenges in asset quality and scale [1][2]. Financial Performance - For the first half of 2025, Bohai Bank's operating income reached 14.215 billion yuan, an increase of 8.14% year-on-year; net profit was 3.830 billion yuan, up 3.61% year-on-year [1][2]. - The growth in net profit was attributed to increased operating income and ongoing cost reduction efforts [2]. Asset Quality and Scale - As of the end of June, the total assets of Bohai Bank amounted to 1.8238 trillion yuan, a decrease of 1.09% from the end of the previous year [2]. - The non-performing loan (NPL) ratio rose to 1.81%, an increase of 0.05 percentage points from the end of the previous year [2]. Revenue Composition - Interest income for the first half was 8.046 billion yuan, a slight decline of 0.43% year-on-year; the net interest margin was 1.20%, up 0.04 percentage points [3]. - Non-interest income reached 6.169 billion yuan, a significant increase of 21.81% year-on-year, primarily driven by a 61.16% rise in financial investment income [3]. Loan Quality - As of June, the non-performing loan balance for corporate loans increased by 468 million yuan, with a non-performing rate of 1.12% [5]. - Personal loan non-performing balance rose by 319 million yuan, with the non-performing rate increasing from 4.15% to 4.43% [5]. Regional and Sectoral Performance - The highest non-performing loan rates were observed in Central and Southern China at 3.10%, with increases noted in the real estate and construction sectors [5]. - The bank disposed of 3.742 billion yuan of non-performing assets through various methods by the end of June [6].

Core Insights - The company reported a solid recovery in operations, with a revenue of 14.215 billion yuan and a net profit of 3.830 billion yuan for the first half of 2025, reflecting year-on-year growth of 8.14% and 3.61% respectively [1][2] - The bank is focusing on serving the real economy and national strategies, with significant loan growth in key sectors such as technology innovation, advanced manufacturing, and green development [1][2] - Cost efficiency has improved, with a cost-to-income ratio of 32.17%, down 4.10 percentage points year-on-year [1][2] Financial Performance - For the first half of 2025, the bank achieved a total asset scale of 1.82 trillion yuan and total liabilities of 1.71 trillion yuan [2] - The bank's non-interest income reached 6.169 billion yuan, showing a year-on-year increase of 21.81%, indicating an improved revenue structure [9] - The bank's deposit interest rate was 2.03%, down 33 basis points year-on-year, reflecting effective cost control measures [10] Strategic Focus Areas - The bank is committed to enhancing financial services for the real economy, focusing on five key areas to drive high-quality development [3][4] - In technology finance, the bank has increased its loans to tech enterprises to 71.252 billion yuan, a 51.28% increase from the previous year [4] - Green loans reached 49.902 billion yuan, up 15.02% year-on-year, with significant investments in green bonds [5] Risk Management and Capital Adequacy - The bank has strengthened its risk management, achieving a provision coverage ratio of 159.70%, an increase of 4.51 percentage points since the beginning of the year [11] - Capital adequacy ratios are robust, with total capital adequacy at 11.24%, and core tier 1 capital at 8.39%, enhancing the bank's resilience [11] Future Outlook - The bank aims to maintain a long-term value orientation amidst short-term fluctuations, focusing on core strengths and resilience for sustainable high-quality development [9] - The bank plans to continue optimizing its business structure and enhancing its service quality to better align with the needs of the real economy [11]

格隆汇8月28日丨渤海银行(09668.HK)公布中期业绩，2025年上半年，该行持续加大服务实体经济力 度，积极拓展基础客户，不断优化业务结构，抢抓市场机遇，深入落实降本增效措施，主要盈利指标稳 步增长。2025年上半年，实现营业收入142.15亿元，同比增长8.14%；实现净利润38.30亿元，同比增长 3.61%；成本收入比32.17%，较同期下降4.10个百分点。 截至报告期末，资产总额18,238.02亿元，发放贷款和垫款余额为9,424.28亿元，增幅1.84%；负债总额 17,104.86亿元，吸收存款10,271.39亿元，存款规模维持万亿。强化社会责任担当，回归服务实体经济本 源，集中有限资源支持信贷投放，聚焦服务国家战略和实体经济，提升业务布局与服务实体经济的契合 度。报告期内，科技创新、先进制造、绿色发展、涉农等重点领域贷款投放增速均高于一般性贷款增 速。 截至报告期末，不良贷款余额为172.69亿元，不良贷款率1.81%。贷款拨备率2.89%，拨备覆盖率 159.70%，资产质量保持持续稳定，拨备指标符合监管要求。 ...

Core Viewpoint - Bohai Bank (09668) reported a mid-term performance for the six months ending June 30, 2025, showing an increase in operating income and net profit compared to the previous year [1] Financial Performance - The group achieved operating income of 14.215 billion yuan, representing an increase of 8.14% year-on-year [1] - Net profit reached 3.83 billion yuan, reflecting a year-on-year increase of 3.61% [1] - Basic earnings per share attributable to ordinary shareholders of the bank were 0.22 yuan [1] Asset Overview - As of the end of the reporting period, the total assets of the group amounted to 1,823.802 billion yuan, a decrease of 20.04 billion yuan from the end of the previous year, marking a decline of 1.09% [1]