Hangzhou Bank's Q1 profit jumps 17.30%
Bank of Hangzhou (SSE:600926) reported a strong first quarter for 2025, with significant growth in key financial metrics. The bank's operating income reached CNY 9.978 billion, a 2.22% increase compared to the same period last year. Net profit attributable to shareholders amounted to CNY 6.021 billion, marking a notable 17.30% rise. The bank reported total assets of CNY 2,222.216 trillion as of March 31, 2025, up 5.20% from the end of 2024. Non-performing loan ratio remained stable at 0.76%. The bank's capital adequacy ratio stood at 14.05%. The first-quarter report, approved on April 28, 2025, highlighted efforts to enhance quality development while maintaining stable asset quality and improved operating efficiency.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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