Changshu Bank reports strong Q1 2025 results

Jiangsu Changshu Rural Commercial Bank (SSE:601128) released its first-quarter performance quick report for 2025, showcasing significant gains. The bank reported operating income of CNY2,971 million, a 10.04% increase year-over-year. Net profit attributable to shareholders reached CNY1,084 million, marking a 13.87% rise compared to the same period last year. Basic earnings per share stood at CNY0.36. As of March 31, 2025, the non-performing loan ratio was 0.76%, a slight decrease from the beginning of the year, and the provision coverage ratio was 489.56%. The bank noted that its core business remained solid and its asset quality stable, attributing the strong performance to its focus on its primary responsibilities.