All the six biggest Chinese state-owned banks saw their net profits grow last year, along with their non-performing loans.
Most of them, though, recorded a drop in NPL ratio from the previous year, all but one recorded a drop in net interest margin as loan prime rate slid.
Industrial and Commercial Bank of China (1398) grew its net profit by 3.5 percent to 360.5 billion yuan (HK$411.3 billion) last year and lifted its dividend by the same rate to 30.35 fen.
Net interest income inched up by 0.4 percent to 693.7 billion yuan and NIM slipped by 19 basis points to 1.92 percent.
Net fee and commission income decreased by 2.8 percent to 129.3 billion yuan. NPL rose 9.5 percent to 321.2 billion yuan and the NPL ratio slid by 4 basis points to 1.38 percent.
Bank of China's (3988) 2022 profit went up by 5 percent to 227.4 billion yuan and proposed a dividend of 23.2 fen.
NII rose 8.4 percent to 460.7 billion yuan and NIM inched up 1 basis point to 1.76 percent. Non-interest income tumbled by 12.2 percent to 158.4 billion yuan. NPL rose 22.9 billion yuan to 231.7 billion yuan, but the NPL ratio slid by 1 basis point to 1.32 percent.
Agricultural Bank of China (1288) posted a 7.4 percent rise in profit to 259.1 billion yuan with a dividend of 22.22 fen.
NII climbed 2.1 percent to 589.97 billion yuan and NIM fell 22 basis points to 1.9 percent. Net fee and commission income edged up 1.2 percent to 81.3 billion yuan.
NPL surged by 10.3 percent to 271.1 billion yuan and the NPL ratio dropped by 6 basis points to 1.37 percent.
Bank of Communications' (3328) net income was up by 5.2 percent to 92.1 billion yuan with a dividend of 37.3 fen.
NII rose 5.1 percent to 169.9 billion yuan, but NIM dropped by 8 basis points to 1.48 percent. Net fee and commission income dropped by 6.2 percent to 44.6 billion yuan. NPL rose 1.8 percent to 98.5 billion yuan, but the NPL ratio edged down 13 basis points to 1.35 percent.
Postal Savings Bank of China's (1658) profit last year advanced by 11.89 percent to 85.36 billion yuan with a dividend of 25.79 fen.
NII inched up 1.6 percent to 273.6 billion yuan and NIM slid 16 basis points to 2.2 percent. NPL grew by 8.1 billion yuan to 60.7 billion yuan and the NPL ratio rose 2 basis points to 0.84 percent.
China Construction Bank (0939) expects its NIM to remain under pressure this year following an 11 basis points drop to 2.02 percent last year. Its earnings increased 7 percent to 323.86 billion yuan.
