China's Bank of Communications posts 2.2pc profit rise in 2025

Bank of Communications (3328), one of China’s major five state-owned banks, reported on Friday a 2.2 percent rise in net profit last year.

Net profit reached 95.62 billion yuan (HK$108.4 billion), above the 93.75 billion yuan median of 18 analyst estimates compiled by LSEG.

It declared a final dividend of 16.84 fens.

Chinese banks have been struggling with record-low levels of profit margins amid a slowing economy and rising geopolitical tensions.

Net interest margin — a gauge of profitability — was 1.2 percent at the end of December, flat compared with the end of September.

The bank’s non-performing loan ratio was 1.28 percent at end-December compared with 1.26 percent three months earlier.

Reuters and staff reporter