China Merchants Bank reports stable Q3 2025 performance

China Merchants Bank reported stable performance for the first nine months of 2025, with total assets reaching 12,644,075 million yuan, a 4.05% increase from year-end 2024. Net profit attributable to shareholders grew by 0.52% to 113,772 million yuan, and operating revenue was 251,420 million yuan, a slight decrease of 0.51% year-on-year. Net interest income stood at 160,042 million yuan, up 1.74%.

Asset quality remained generally stable, with the non-performing loan ratio decreasing by 0.01 percentage points from year-end 2024 to 0.94%. The provision coverage ratio was 405.93%, a decrease of 6.05 percentage points. Capital adequacy ratios exceeded regulatory requirements, with core tier-one capital adequacy ratio at 13.93%, reflecting prudent capital management.

Retail customer assets (AUM) reached 165,975.23 million yuan, an 11.19% increase from year-end 2024. The bank's liquidity coverage ratio averaged 161.58% for the quarter, indicating strong liquidity management.