Agricultural Bank of China (1288) Q3 2025 earnings summary

Executive summary

• Net profit for the nine months ended 30 September 2025 rose 3.28% year-over-year to RMB222,323 million, with annualized ROA at 0.65% and ROE at 10.47%.

• Operating income for the same period increased 1.87% year-over-year to RMB550,774 million, while net interest income declined 2.40% to RMB427,308 million.

• Net fee and commission income grew 13.34% year-over-year, offsetting the decline in net interest income.

Financial highlights

• Q3 2025 operating income was RMB180,981 million, up 4.30% from Q3 2024; net profit attributable to equity holders was RMB81,349 million, up 3.66% year-over-year.

• Basic and diluted EPS for Q3 2025 were RMB0.22, up 15.79% year-over-year; for the nine months, EPS was RMB0.59, up 5.36%.

• Total assets reached RMB48,135,429 million at 30 September 2025, up 11.33% from year-end 2024.

• Total loans and advances to customers increased 8.36% to RMB26,987,574 million; deposits from customers rose 5.82% to RMB32,067,823 million.

• Non-performing loan ratio improved by 0.03 percentage points to 1.27%; allowance to NPLs was 295.08%.

Outlook and guidance

• Interim cash dividend for 2025 of RMB1.195 per ten shares proposed, pending shareholder approval.

• Board approved interim profit distribution and preference share dividend payment plans.