Harbin Bank's H1 net profit up 17.3% driven by investment gains

Harbin Bank Co., Ltd. announced a net profit of RMB992.1 million for the six months ended June 30, 2025, an increase of 17.3% year-on-year. This growth occurred despite an 11.4% decrease in net interest income, which stood at RMB4,412.6 million. Operating income saw a modest rise of 2.6% to RMB7,385.5 million, significantly bolstered by a 246.4% surge in net gains on financial investments to RMB2,305.2 million.

The bank's total assets increased by 1.2% to RMB927,527.5 million compared to year-end 2024, with total loans and advances to customers rising 4.9% to RMB397,566.3 million. Customer deposits also grew slightly by 0.2% to RMB695,055.9 million. The non-performing loan ratio decreased by 0.01 percentage point to 2.83%, while the impairment coverage ratio improved by 7.36 percentage points to 209.95%, indicating stable risk resistance.

The core tier 1 capital adequacy ratio slightly decreased by 0.16 percentage point to 8.52%. Harbin Bank affirmed its commitment to not distributing cash dividends for the six months ended June 30, 2025.