The total assets of the six major banks have reached nearly 21.8 trillion yuan, and the growth rate of net profit from operating income has rebounded across the board. However, there is still pressure on interest rate spreads.

As of the evening of October 30, the six largest state-owned banks have all released their third quarter reports for 2025. Overall, these banks achieved an operating income of approximately 2.73 trillion yuan in the first three quarters, an increase of 1.87% year-on-year; and a net profit attributable to shareholders of about 1.72 trillion yuan, an increase of 1.22% year-on-year. At the institutional level, all six major banks achieved year-on-year growth in operating income and net profit attributable to shareholders, with a high contribution from the improvement in the third quarter. In terms of net interest margin, five of the six major banks saw a decrease to varying degrees, but the extent of the decrease has significantly narrowed. By the end of the third quarter, the total assets of the six major banks had reached close to 21.8 trillion yuan, an increase of about 1.85% compared to mid-year. In terms of asset quality, the non-performing loan ratio of five major banks decreased from the end of last year, while one major bank saw a slight increase in the non-performing loan ratio.