Ping An Bank Reports 2025 Net Profit of 42.633 Billion Yuan Amid Decline in Non-Interest Income

Ping An Bank Co.,Ltd. (000001.SZ) has released its annual report for 2025. The group achieved total operating income of 1,314.42 billion yuan, representing a year-on-year decrease of 10.4%. Net interest income amounted to 880.21 billion yuan, down 5.8% compared to the previous year. Non-interest net income was 434.21 billion yuan, declining by 18.5%. The net profit for the year was 426.33 billion yuan, a decrease of 4.2%.

The bank proposed a final dividend distribution of 3.60 yuan per 10 shares (before tax) for 2025. The decline in operating revenue was attributed to factors including lower lending rates and business structure adjustments, with the net interest margin falling by 9 basis points year-on-year to 1.78%. Additionally, non-interest net income from businesses such as bond investments decreased due to market volatility.

As of the end of 2025, the group's total assets reached 5,925.777 billion yuan, an increase of 2.7% from the end of the previous year. The total principal of loans and advances amounted to 3,390.840 billion yuan, up 0.5% year-end. Corporate loan balances grew by 3.5%, with general corporate loans increasing by 9.2%, reflecting the bank's continued support for the real economy. Loans in sectors such as technology enterprises and green finance showed strong growth. Personal loan balances decreased by 2.3%, with mortgage loans accounting for 62.9% of total personal loans.

Total liabilities stood at 5,374.593 billion yuan, up 1.9% from the end of the prior year. The principal balance of customer deposits was 3,582.755 billion yuan, increasing by 1.4%. The bank strengthened its efforts to attract low-cost deposits and flexibly managed the pace of deposit and interbank liability acquisition to reduce overall funding costs. In 2025, the average interest rate on interest-bearing liabilities was 1.67%, down 47 basis points from 2024. The average interest rate on customer deposits decreased by 42 basis points to 1.65%. The average daily balance of demand deposits reached 1,191.978 billion yuan, rising 5.8% compared to 2024.