Minsheng bank reports mixed Q3, net profit dips despite asset growth

China Minsheng Banking Corp. (CMBC) reported total assets of RMB7,872,864 million at the end of Q3 2025, a 0.74% increase from the end of 2024. Total liabilities also saw a slight rise of 0.19% to RMB7,172,316 million, with absorption deposits growing by 0.15% to RMB4,255,602 million. However, net profit attributable to the bank's shareholders for the first nine months of 2025 decreased by 6.38% year-on-year to RMB28,542 million.

Asset quality metrics showed a slight deterioration, with the non-performing loan ratio increasing by 0.01 percentage points to 1.48%. Despite this, the provision coverage ratio improved by 1.06 percentage points to 143.00%. Basic earnings per share for the first nine months of 2025 stood at RMB0.59, down 1.67% compared to the same period in 2024.

The bank continued its strategic focus on technology, green, and inclusive finance, with green credit balances increasing by 13.69% to RMB3,385.76 million. The retail customer base grew, and individual pension accounts increased by 10.17% to 2.529 million.