Zhi Tong Cai Jing·2025-10-28 10:20Core Insights - China Bank (03988) reported a net profit of 189.59 billion yuan for the first three quarters of 2025, with a year-on-year growth of 1.12% for the group and 1.08% for shareholders [1][2] - The group achieved total operating income of 492.12 billion yuan, an increase of 2.72% year-on-year [1] - The non-interest income accounted for 33.80% of total operating income, with a significant year-on-year growth of 16.22% [1] Financial Performance - The average return on total assets (ROA) was 0.70%, and the return on equity (ROE) was 8.98% [1] - Net interest income decreased by 3.04% year-on-year to 325.79 billion yuan, with a net interest margin of 1.26% [1] - Non-interest income reached 166.32 billion yuan, with fees and commissions contributing 65.59 billion yuan, reflecting an 8.07% increase [1] Expense and Asset Quality - Operating expenses rose by 8.03% year-on-year to 186.58 billion yuan, resulting in a cost-to-income ratio of 26.90% [1] - The group reported asset impairment losses of 80.52 billion yuan, a decrease of 6.20% year-on-year [1] - The total non-performing loans amounted to 288.67 billion yuan, with a non-performing loan ratio of 1.24%, down by 0.01 percentage points from the previous year [2] Capital Adequacy - The core tier one capital adequacy ratio stood at 12.58%, while the tier one capital adequacy ratio was 14.66%, and the total capital adequacy ratio was 18.66% [2]