AGRICULTURAL BANK OF CHINA(SH:601288) Zheng Quan Ri Bao Wang·2025-11-12 04:09Market Performance - On November 12, A-shares opened with all three major indices turning positive before retreating, with the Shanghai Composite Index closing at 3993.35 points, down 0.24%, the Shenzhen Component Index at 13146.42 points, down 1.07%, and the ChiNext Index at 3084.70 points, down 1.58% [1] - The financial sector, particularly insurance and banking, showed resilience, with Agricultural Bank of China leading the gains among bank stocks, rising over 3% to a record high of 8.56 yuan per share, with a total market capitalization reaching 3 trillion yuan and a year-to-date increase of over 67% [1][2] Company Financials - Agricultural Bank of China reported a net profit attributable to shareholders of 220.86 billion yuan for the first three quarters of 2025, marking a year-on-year growth of 3.03%, the highest among the six major state-owned banks; revenue reached 550.88 billion yuan, up 1.97% year-on-year [4] - As of the end of Q3, the bank's total assets amounted to 48.14 trillion yuan, with an asset growth rate of 11.33% compared to the end of 2024 [4] Industry Outlook - Recent reports indicate that the banking sector is showing a stable upward trend in key indicators such as revenue, net profit, and net interest margin, with a temporary stabilization in net interest margin [4] - According to a report by CITIC Securities, the macroeconomic environment is expected to continue its weak recovery in 2025, with no significant improvement in the banking sector's fundamentals; however, there remains strong motivation for long-term investments in banks from insurance funds and public funds [4]