Changshu Bank's Q1 net profit rises 13.81%

Jiangsu Changshu Rural Commercial Bank (SSE:601128) announced a 13.81% year-over-year increase in net profit attributable to shareholders, reaching CNY 1,083.79 million for the first quarter of 2025. Total operating income grew by 10.04% to CNY 2,970.66 million. The bank's total assets expanded by 6.12% to CNY 389,015.217 million, while net assets attributable to shareholders rose by 3.20% to CNY 29,564.295 million. The annualized weighted average return on net assets stood at 14.89%. Key balance sheet changes included increases in trading financial assets (+CNY 5.153 billion) and loans and advances to customers (+CNY 10.0 billion). The non-performing loan ratio remained stable at 0.76%, with a provision coverage ratio of 489.56%.