CHINA CITIC BANK (998) Q3 2025 earnings summary

Executive summary

• Net profit attributable to equity holders rose 3.02% year-over-year to RMB53.391 billion for the first nine months of 2025, while operating income declined 3.43% to RMB156.262 billion.

• Total assets increased 3.83% from year-end 2024 to RMB9,898.128 billion; total loans and advances to customers grew 1.09% to RMB5,782.481 billion.

• Cost-to-income ratio improved to 29.72%, down 0.25 percentage points year-over-year.

• Net cash flows from operating activities turned positive at RMB210.437 billion, compared to a net outflow last year.

Financial highlights

• Net interest income for the first nine months was RMB107.702 billion, down 2.06% year-over-year; net interest margin was 1.63%, down 0.16 percentage points.

• Net non-interest income fell 6.34% year-over-year to RMB48.560 billion, but net fee and commission income rose 5.75% to RMB25.688 billion.

• Basic earnings per share for the nine months was RMB0.89, down 5.32% year-over-year.

• Total deposits from customers increased 5.00% to RMB6,067.329 billion.

Outlook and guidance

• The bank aims to maintain stable growth, enhance risk management, and support the real economy, with a focus on technology, green, inclusive, pension, and digital finance.