FilingReader Intelligence

Weihai Bank reports strong first-half profit and asset growth

August 28, 2025 at 11:10 AM UTCBy FilingReader AI

Weihai Bank reported a 5.79% rise in net profit to 1,257.0 million yuan for the six months ended June 30, 2025, compared to 1,188.2 million yuan in the same period last year. Operating income increased by 10.98% to 5,056.4 million yuan. Total assets grew by 9.60% to 483,843.0 million yuan, and total liabilities rose by 9.90% to 451,341.8 million yuan as of June 30, 2025.

Net interest income saw a 5.33% increase to 3,647.9 million yuan, while net fee and commission income surged by 72.97% to 448.0 million yuan. The bank's total equity grew by 5.53% to 32,501.2 million yuan. The interim report also highlighted a stable expansion in business scale and improved asset quality, with the non-performing loan ratio remaining low at 1.39%. Weihai Bank emphasized continued efforts in digital transformation, green finance, and customer service to drive sustainable development.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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