Xin Lang Cai Jing·2025-08-29 10:37Core Viewpoint - The report highlights the financial performance of Bank of Communications for the first half of 2025, showcasing growth in revenue and net profit, alongside improvements in asset quality and capital strength [1]. Financial Performance - The group achieved an operating income of 133.368 billion yuan and a net profit attributable to shareholders of 46.016 billion yuan, representing year-on-year growth of 0.77% and 0.77% respectively [1]. - As of the end of June, the total assets of the group reached 15.44 trillion yuan, an increase of 3.59% compared to the end of the previous year [1]. - The group's customer loan balance stood at 9.00 trillion yuan, reflecting a year-on-year growth of 5.18% [1]. Capital Strength - In the first half of the year, the bank completed the issuance of approximately 14.1 billion shares of ordinary shares (A-shares) to the Ministry of Finance, China Tobacco, and Shuangwei Investment, raising 120 billion yuan, which effectively supplemented the core tier one capital [1]. Asset Quality - As of the end of June, the non-performing loan ratio was 1.28%, a decrease of 0.03 percentage points from the end of the previous year [1]. - The provision coverage ratio was 209.56%, an increase of 7.62 percentage points compared to the end of the previous year [1]. - The bank disposed of non-performing loans totaling 37.83 billion yuan in the first half of the year, a year-on-year increase of 27.9% [1].