Bank of Communications Co Class H ( (BKFCF) ) has released its Q1 earnings. Here is a breakdown of the information Bank of Communications Co Class H presented to its investors.
Bank of Communications Co., Ltd., a major financial institution in China, operates in the banking sector providing a range of financial services including loans, deposits, and investment products. The company is listed on both the Shanghai and Hong Kong stock exchanges.
In its first quarter of 2025, Bank of Communications reported a slight increase in net profit, reaching RMB 25.372 billion, a 1.54% rise compared to the same period last year. The bank’s total assets grew by 2.61% to RMB 15.288 trillion, while total liabilities increased by 2.67% to RMB 14.112 trillion.
Key financial metrics highlighted in the report include a 4.24% increase in loans and advances to customers, totaling RMB 8.918 trillion, and a 3.39% rise in customer deposits, reaching RMB 9.099 trillion. Despite a 1.13% decrease in net operating income to RMB 66.440 billion, the bank managed to maintain stable earnings per share at RMB 0.34.
The bank’s asset quality remained stable with a slight decrease in the non-performing loan ratio to 1.30%. The capital adequacy ratio stood at 15.90%, meeting regulatory requirements, and the bank plans to issue A shares to raise up to RMB 120 billion to bolster its core tier-1 capital.
Looking ahead, Bank of Communications aims to navigate the complex economic environment by focusing on risk management and supporting the real economy, as it continues to pursue high-quality development and operational stability.