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].
金融投资拉动业绩！渤海银行上半年营收和净利润“双增”