Bank of Ningbo's Q3 2025 net profit up 8.39%, declares preferred dividends

Bank of Ningbo announced its unaudited third-quarter 2025 results, reporting a 14.50% increase in total assets to RMB 3,578,396 million compared to the end of 2024. Net profit attributable to shareholders rose 8.39% year-over-year to RMB 22,445 million for the first nine months of 2025. The bank's non-performing loan ratio remained stable at 0.76%, with a provision coverage ratio of 375.92%.

The company also released its third-quarter 2025 Pillar 3 Report, highlighting key prudential regulatory indicators. As of September 30, 2025, the core tier-one capital adequacy ratio stood at 9.21%, the tier-one capital adequacy ratio at 10.70%, and the capital adequacy ratio at 14.62%. The leverage ratio was 5.54%, and the liquidity coverage ratio was 113.92%.

In a board resolution dated October 28, 2025, Bank of Ningbo approved the distribution of dividends for its preferred shares. Holders of "Ninghangyou 01" preferred shares will receive a cash dividend of RMB 4.68 per share (pre-tax), totaling RMB 226.98 million. "Ninghangyou 02" preferred shareholders will receive RMB 4.5 per share (pre-tax), amounting to RMB 450 million. The record dates are November 14, 2025, and November 6, 2025, respectively, with payments on November 17, 2025, and November 7, 2025.