Zhi Tong Cai Jing·2026-02-04 02:50Core Viewpoint - Qingdao Bank (002948)(03866) has seen a stock price increase of over 4%, currently trading at 4.36 HKD, with a transaction volume of 16.96 million HKD, following the release of its 2025 performance forecast [1] Financial Performance - For 2025, Qingdao Bank reported an operating income of 14.573 billion CNY, representing a year-on-year growth of 7.97% [1] - The net profit attributable to shareholders reached 5.188 billion CNY, marking a year-on-year increase of 21.66% [1] - The annualized weighted average return on equity (ROE) improved to 12.68%, an increase of 1.17 percentage points compared to the previous year [1] Quarterly Performance - In Q4 2025, the bank's quarterly profit growth rate significantly exceeded the annual growth rate, with quarterly revenue of 3.560 billion CNY, up 18.2% year-on-year [1] - The net profit attributable to shareholders for Q4 was 1.196 billion CNY, reflecting a substantial year-on-year increase of 47.8% [1] Asset Quality - The non-performing loan (NPL) ratio reached a recent low of 0.97%, decreasing by 13 basis points from the end of Q3 2025, falling below 1.00% [1] - The balance of non-performing loans stood at 3.841 billion CNY, showing a reduction compared to the end of Q3 2025, achieving a dual decline in both amount and ratio [1]