Bank of China reports Q3 profit growth, announces leadership changes

Bank of China Limited announced its unaudited third-quarter results for the period ended September 30, 2025, with the group achieving a net profit of RMB189.589 bn and net profit attributable to equity holders of RMB177.660 bn. This represents a year-on-year increase of 1.12% and 1.08% respectively. Operating income reached RMB492.115 bn, up 2.72% from the previous year. The group's total assets grew by 7.10% to RMB37,550.163 bn, while total liabilities increased by 6.87% to RMB34,312.849 bn.

The board of directors also approved the 2025 interim profit distribution plan, recommending a cash dividend of RMB1.094 per 10 shares (pre-tax) for common shares, totaling RMB35.250 bn. Additionally, the fourth-phase domestic preference share dividend distribution plan was completed, with a total dividend of RMB8.829 bn (pre-tax) and a dividend rate of 3.27%.

In a related development, Zhuo Chengwen resigned as board secretary and company secretary due to work changes, effective October 30, 2025. The board has appointed Liu Chenggang as the new board secretary and company secretary, pending approval from the National Financial Regulatory Administration. The board also approved the adjustment of members of the board's specialized committees, appointing Cai Zhao to the strategic development committee and risk policy committee, effective upon regulatory approval.