Bank of China (03988) shareholders are expected to enjoy a profit after tax of 1776.6 billion yuan in the first three quarters, a year-on-year increase of 1.08%.

Bank of China (03988) announced that in the first three quarters of 2025, the group achieved a net profit after tax of 189.589 billion yuan, with the shareholders of the bank entitled to a net profit after tax of 177.660 billion yuan, representing a year-on-year increase of 1.12% and 1.08% respectively. The average return on assets (ROA) was 0.70%, and the return on equity (ROE) was 8.98%. The group's operating income reached 492.115 billion yuan, an increase of 13.01 billion yuan compared to the same period last year, representing a growth of 2.72%. Net interest income was 325.792 billion yuan, a decrease of 10.205 billion yuan or 3.04% compared to the previous year. The net interest margin was 1.26%. Non-interest income was 166.323 billion yuan, an increase of 23.215 billion yuan or 16.22% compared to the same period last year, accounting for 33.80% of total operating income. Among them, net fees and commissions amounted to 65.591 billion yuan, an increase of 4.898 billion yuan or 8.07% compared to the previous year; other non-interest income totaled 100.732 billion yuan, an increase of 18.317 billion yuan or 22.23%. Operating expenses were 186.575 billion yuan, an increase of 13.873 billion yuan or 8.03% compared to the previous year, with a cost-to-income ratio of 26.90%. The group's asset impairment losses were 80.518 billion yuan, a decrease of 5.322 billion yuan or 6.20% compared to the previous year. The group's total non-performing loans amounted to 288.669 billion yuan, with a non-performing loan ratio of 1.24%, a decrease of 0.01 percentage points compared to the end of the previous year. The provision coverage ratio for non-performing loans was 196.60%, a decrease of 4.00 percentage points compared to the end of the previous year. The core Tier 1 capital adequacy ratio was 12.58%, the Tier 1 capital adequacy ratio was 14.66%, and the capital adequacy ratio was 18.66%.