Shanghai Rural Commercial Bank (601825) Q3 2025 earnings summary

Executive summary

• Achieved net profit attributable to shareholders of RMB 10.57 billion for the first nine months of 2025, up 0.78% year-over-year.

• Operating performance remained solid with total assets reaching RMB 1.56 trillion, up 4.72% from year-end 2024.

• Asset quality stable with NPL ratio at 0.97% and provision coverage at 340.10%.

• Capital adequacy ratios remain robust, all above regulatory requirements.

Financial highlights

• Operating income for Q1–Q3 2025 was RMB 19.83 billion, down 3.18% year-over-year.

• Net profit attributable to shareholders for Q1–Q3 2025 was RMB 10.57 billion, up 0.78% year-over-year.

• Basic and diluted EPS for Q1–Q3 2025 were both RMB 1.10, up 0.92% year-over-year.

• Cost-to-income ratio improved to 27.16%, down 1.50 percentage points year-over-year.

• Net cash flow from operating activities was RMB 21.70 billion, down 29.83% year-over-year.

Outlook and guidance

• Retail transformation and digitalization initiatives continue to drive customer growth and service efficiency.

• Focus on expanding green, inclusive, and technology finance to support sustainable development.