Agricultural Bank of China reports strong half-year results and dividend plan

Agricultural Bank of China Limited announced unaudited interim results for the six months ended 30 June 2025, with total assets rising to RMB46,855,878 million, an 8.4% increase from the previous year-end. Net profit for the period reached RMB139,943 million, a 2.5% year-on-year increase. The bank’s capital adequacy ratio stood at 17.45%, and the non-performing loan ratio decreased to 1.28%. The board of directors proposed an interim cash dividend of RMB1.195 (tax inclusive) per ten shares, totaling RMB41,823 million (tax inclusive), representing 30% of the net profit attributable to equity holders for the first half of 2025.

The bank also provided details on its capital structure and regulatory compliance. As of 30 June 2025, Common Equity Tier 1 capital was RMB2,670,203 million, with a ratio of 11.11%, meeting all regulatory requirements. The liquidity coverage ratio averaged 133.92% for the second quarter of 2025, and the net stable funding ratio was 130.57%. These metrics highlight the bank's strong capital and liquidity positions.

Furthermore, the bank redeemed undated additional Tier 1 capital bonds totaling RMB35 billion on 24 August 2025 and paid interest of RMB1,575 million on these bonds. It also paid RMB1,284 million in coupon for its 2023 undated additional Tier 1 capital bonds. In July 2025, the bank paid RMB1.1825 billion for the second installment of its investment in the China Integrated Circuit Industry Investment Fund Phase III Co., Ltd.