Industrial and Commercial Bank of China (01398) announced its performance for the first three quarters, with a net profit attributable to shareholders of 269.908 billion yuan, a year-on-year increase of 0.33%, and a non-performing loan ratio of 1.33%.

Industrial and Commercial Bank of China (01398) released its performance for the first three quarters before 2025, with operating income of 6109.68 billion yuan, an increase of 1.98% year-on-year; net profit attributable to the parent company's shareholders was 2699.08 billion yuan, an increase of 0.33% year-on-year; basic earnings per share were 0.73 yuan. Among them, net interest income was 4734.16 billion yuan, a decrease of 0.70%. The annualized net interest margin was 1.28%, a decrease of 15 basis points. Non-interest income was 1375.52 billion yuan, an increase of 12.40%, with fee and commission net income of 908.68 billion yuan, an increase of 0.60%. Operating expenses (excluding taxes and surcharges) were 1622.38 billion yuan, an increase of 3.16%. The cost-to-income ratio was 26.55%. Various asset impairment losses totaled 1270.93 billion yuan, a decrease of 1.69%, with loan impairment losses amounting to 1374.73 billion yuan, an increase of 12.00%. At the end of the reporting period, total assets were 5281.34 billion yuan, an increase of 3991.67 billion yuan compared to the end of the previous year, an increase of 8.18%. Total customer loans and advances (excluding accrued interest) were 3045.19 billion yuan, an increase of 2079.70 billion yuan, a growth of 7.33%, with onshore RMB loans from branches increasing by 2043.057 billion yuan, a growth of 7.65%. Structurally, corporate loans were 1887.28 billion yuan, individual loans were 9101.53 billion yuan, and discounted bills totaled 2477.56 billion yuan. Investments totaled 1646.50 billion yuan, an increase of 2311.46 billion yuan, a growth of 16.33%. Total liabilities were 4861.96 billion yuan, an increase of 3781.58 billion yuan compared to the end of the previous year, an increase of 8.44%. Total customer deposits were 3730.78 billion yuan, an increase of 2470.85 billion yuan, a growth of 7.09%. Structurally, time deposits were 2250.31 billion yuan, demand deposits were 1404.90 billion yuan, other deposits were 258.67 billion yuan, and accrued interest was 497.01 billion yuan. According to the classification of loan quality into five levels, the balance of non-performing loans was 404.83 billion yuan, an increase of 253.80 billion yuan compared to the end of the previous year, with a non-performing loan ratio of 1.33%, a decrease of 0.01 percentage points. The provision coverage ratio was 217.21%, an increase of 2.30 percentage points. The core Tier 1 capital adequacy ratio was 13.57%, the Tier 1 capital adequacy ratio was 14.80%, and the capital adequacy ratio was 18.85%, all meeting regulatory requirements.