The third-quarter reports of all 17 A-share listed city commercial banks have been released. In terms of revenue, 14 out of the 17 banks reported year-on-year growth in the first three quarters of 2025, while three saw declines. The average revenue growth rate was 4.78%, down from 5.22% in the first half but higher than the 3.93% recorded in the same period last year.
Regarding net profit attributable to shareholders, 16 banks achieved positive growth, with only one reporting a decline. The average growth rate was 6.94%, slightly higher than the 6.67% recorded a year earlier.
By the end of September 2025, nine banks had total assets exceeding RMB 1 trillion. Among them, Bank of Jiangsu continued to lead with the largest asset scale, while Bank of Chongqing surpassed the RMB 1 trillion threshold for the first time.
In terms of asset quality, seven banks reported non-performing loan (NPL) ratios below 1% as of June 2025.
**Revenue Growth: Bank of Xi'an Leads** Bank of Xi'an posted the highest revenue growth at 39.11%, far outpacing its peers. Bank of Chongqing, Bank of Nanjing, Bank of Ningbo, and Bank of Jiangsu followed with growth rates exceeding 6%. Meanwhile, Bank of Beijing, Bank of Lanzhou, and Bank of Guiyang reported declines in revenue.
In absolute terms, Bank of Jiangsu generated the highest revenue at RMB 67.183 billion, followed by Bank of Ningbo and Bank of Beijing.
**Net Profit: Bank of Jiangsu Tops, Bank of Qingdao Shows Strong Growth** Bank of Qingdao, Qilu Bank, and Bank of Hangzhou led in net profit growth, while Bank of Guiyang was the only bank to report a decline. Notably, Bank of Xiamen reversed its negative growth trend, posting a slight increase in net profit.
Bank of Jiangsu remained the most profitable with net profit exceeding RMB 30 billion, followed by Bank of Ningbo and Bank of Beijing.
**Asset Scale: Bank of Jiangsu Leads, Bank of Chongqing Joins Trillion Club** Bank of Jiangsu and Bank of Beijing remained the largest by assets, each surpassing RMB 4 trillion. Bank of Chongqing became the latest to exceed RMB 1 trillion in assets.
**Asset Quality: Seven Banks Maintain NPL Ratios Below 1%** Bank of Chengdu had the lowest NPL ratio at 0.68%, followed by Bank of Hangzhou and Bank of Ningbo. These banks also maintained strong loan loss provision coverage ratios, with Bank of Hangzhou exceeding 500%.
Despite higher NPL ratios, Qilu Bank and Bank of Changsha still maintained provision coverage above 300%, indicating robust risk management.
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