China Everbright Bank Company (601818) Q1 2025 earnings summary

Executive summary

• Achieved net profit of RMB 12.53 billion for Q1 2025, up 0.28% year-over-year; operating income was RMB 33.09 billion, down 4.06% year-over-year.

• Total assets reached RMB 7.23 trillion, up 3.88% from year-end 2024; loans and advances grew 4.50% to RMB 4.11 trillion.

• Deposits increased 5.77% to RMB 4.27 trillion; non-performing loan ratio remained stable at 1.25%.

• Focused on supporting real economy, green finance, technology, and inclusive finance, with strong growth in targeted loan balances.

Financial highlights

• Net profit attributable to shareholders: RMB 12.46 billion, up 0.31% year-over-year.

• Operating income: RMB 33.09 billion, down 4.06% year-over-year; net interest income: RMB 22.54 billion, down 6.84%.

• Fee and commission income: RMB 5.68 billion, up 3.27% year-over-year.

• Basic and diluted EPS: RMB 0.19, up 5.56% year-over-year.

• Operating cash flow: RMB 57.08 billion, a significant improvement from negative RMB 158.53 billion in Q1 2024.

Outlook and guidance

• Plans to further support the real economy, green and technology finance, and digital transformation.

• Intends to optimize asset-liability structure, enhance risk management, and promote high-quality growth.

• Controlling shareholder Everbright Group plans to increase its A-share holdings to demonstrate confidence in future prospects.