BOC Hong Kong sees strong first half 2025 growth, profit up 11.4%

BOC Hong Kong (Holdings) Limited reported a profit of HK$22,796 million for the first half of 2025, an 11.4% increase year-on-year. Profit attributable to equity holders rose 10.5% to HK$22,152 million, with basic earnings per share at HK$2.0952. Net operating income before impairment allowances grew 13.3% to HK$40,022 million. The cost to income ratio improved to 20.76%, while the impaired loan ratio remained at 1.02%.

Total assets as of June 30, 2025, increased by 4.9% to HK$4,399,822 million. Loans for use in Hong Kong grew by HK$20,961 million (1.7%), primarily from lending to financial concerns, wholesale, retail trade, manufacturing, and individuals for property purchases. Net fee and commission income surged 25.8% year-on-year to HK$6,292 million, supported by insurance, securities brokerage, and funds distribution. Net trading gain also saw a substantial increase of 131.9% to HK$12,231 million.

The Group's total capital ratio stood at 25.69%, with the Common Equity Tier 1 capital ratio and Tier 1 capital ratio both at 23.69%. Total risk-weighted assets decreased by 6.8%, following the implementation of the Basel III final reform package.