Bank of Jiangsu (600919) H1 2025 earnings summary

Executive summary

• Total assets reached RMB 4.79 trillion as of June 30, 2025, up 21.16% from year-end 2024.

• Net profit attributable to shareholders was RMB 20.24 billion for H1 2025, up 8.05% year-over-year.

• Operating income for H1 2025 was RMB 44.86 billion, up 7.78% year-over-year.

• The bank maintained a non-performing loan (NPL) ratio of 0.84% and a provision coverage ratio of 331.02%.

• Basic and diluted EPS were both RMB 1.03, up 5.10% year-over-year.

Financial highlights

• Net interest income rose 19.10% year-over-year to RMB 32.94 billion.

• Fee and commission income was RMB 3.19 billion, up 5.15% year-over-year.

• Operating expenses increased 24.50% year-over-year to RMB 21.37 billion.

• Net cash flow from operating activities was RMB 313.04 billion, up 206.89% year-over-year.

• Total deposits grew 19.86% to RMB 2.59 trillion; total loans grew 16.38% to RMB 2.37 trillion since year-end 2024.

Outlook and guidance

• The board is authorized to determine interim profit distribution for 2025 based on profitability, cash flow, and long-term plans.

• The bank aims to maintain stable growth, focus on high-quality development, and continue strong risk management.