Zhi Tong Cai Jing·2025-04-29 08:43Core Insights - Agricultural Bank of China (601288) reported Q1 2025 earnings with operating income of 186.735 billion yuan, a year-on-year increase of 0.32% [1] - Net interest income was 140.577 billion yuan, showing a year-on-year decline of 2.74% [1] - Net profit attributable to shareholders was 71.931 billion yuan, up 2.2% year-on-year, with basic earnings per share at 0.19 yuan [1] Financial Performance - Annualized average total asset return rate was 0.66%, down 0.03 percentage points year-on-year [1] - Annualized weighted average return on equity was 10.82%, down 0.57 percentage points year-on-year [1] - Total assets reached 4,481.8957 billion yuan, an increase of 158.0822 billion yuan or 3.66% from the end of the previous year [1] Loan and Deposit Growth - Total customer loans and advances amounted to 26,187.372 billion yuan, increasing by 128.1185 billion yuan or 5.14% [1] - Breakdown of loans: corporate loans at 15,221.415 billion yuan, personal loans at 9,273.742 billion yuan, bill discounting at 1,254.232 billion yuan, and overseas and other loans at 386.336 billion yuan [1] - Total deposits reached 32,017.351 billion yuan, up 171.1994 billion yuan or 5.65% [2] Asset Quality - Non-performing loan balance was 334.644 billion yuan, an increase of 12.479 billion yuan from the end of the previous year [2] - Non-performing loan ratio stood at 1.28%, a decrease of 0.02 percentage points year-on-year [2] - Provision coverage ratio was 297.81%, down 1.80 percentage points from the end of the previous year [2]