Bank of Communications announces steady Q1 2025 results

Bank of Communications (SSE:601328) announced its first-quarter results for 2025, showcasing steady performance amidst a challenging economic landscape. The group's total assets reached CNY 15,288.95 billion, a 2.61% increase from the end of the previous year. Liabilities totaled CNY 14,112.326 billion, up 2.67%, while shareholders' equity attributable to the parent company grew by 1.89% to CNY 1,165.925 billion. Operating income reached CNY 66.374 billion, a 1.02% decrease, while net profit attributable to shareholders amounted to CNY 25.372 billion, marking a 1.54% increase. The annualized average return on assets and the annualized weighted average return on equity stood at 0.68% and 10.35%, respectively. The bank is planning to issue new shares. The bank is preparing to issue new shares, targeting up to CNY 120 billion to bolster its core tier-one capital. The bank reports that its capital adequacy ratios remain strong, with a capital adequacy ratio of 15.90%, a Tier 1 capital adequacy ratio of 12.07%, and a core Tier 1 capital adequacy ratio of 10.25%, all exceeding regulatory requirements.