Bei Jing Shang Bao·2026-03-27 13:48Core Insights - China Merchants Bank reported a slight increase in operating income for 2025, reaching 337.53 billion yuan, a year-on-year growth of 0.01% [1] - The bank's net profit attributable to shareholders was 150.18 billion yuan, reflecting a year-on-year increase of 1.21% [1] - The total assets of the bank grew by 7.56% year-on-year, amounting to 13,070.52 billion yuan [1] Financial Performance - Net interest income was 215.59 billion yuan, up 2.04% year-on-year, while non-interest income decreased by 3.38% to 121.94 billion yuan [1] - The average return on total assets (ROAA) was 1.19%, and the average return on equity (ROAE) was 13.44%, both showing a decline compared to the previous year [1] Asset Quality - The non-performing loan (NPL) balance increased to 68.21 billion yuan, with an NPL ratio of 0.94%, a slight decrease of 0.01 percentage points from the previous year [1] - The provision coverage ratio was 391.79%, down 20.19 percentage points year-on-year, and the loan provision ratio was 3.68%, down 0.24 percentage points [1] Retail Banking Performance - Retail banking pre-tax profit was 87.42 billion yuan, a decrease of 0.65% year-on-year, with retail banking revenue at 185.29 billion yuan, down 3.74% [2] - Retail net interest income was 136.98 billion yuan, down 5.74%, while retail non-interest income increased by 2.41% to 48.32 billion yuan [2] - The number of retail customers reached 224 million, a growth of 6.67%, with high-net-worth clients increasing by 13.29% to 5.93 million [2]