ICBC Expected to Report Lower First-Half Net Profit -- Earnings Preview

Dow Jones08-28

By Kosaku Narioka

Industrial & Commercial Bank of China is scheduled to report first-half results on Friday. Here is what you need to know:

NET PROFIT: ICBC's net profit is estimated to have declined 1.7% to 164.05 billion yuan, equivalent to $22.93 billion, for the first six months of 2025, according to a poll of analysts by Visible Alpha. That would compare with 166.805 billion yuan in the year-earlier period.

The lender's Hong Kong-listed stock has risen 11% so far this year, following a 36% gain in 2024, driven by hopes that Chinese policymakers will take measures to stimulate the flagging economy.

WHAT TO WATCH:

--First-quarter net interest income--the difference between interest earned on loans and that paid on deposits--dropped 2.9% from a year ago to 156.78 billion yuan, as loan interest rates have declined in the country. Investors will be focusing on any further deterioration in the bank's primary source of earnings.

--First-quarter credit impairment losses decreased 4.9% to 56.97 billion yuan. Investors will closely watch the bank's credit costs, given that U.S. tariffs have raised economic uncertainty in the world's second-biggest economy.

--The bank's nonperforming-loan ratio was 1.33% at the end of March, compared with 1.34% at the end of 2024. Investors will be paying attention to any signs of improvement in asset quality.

Write to Kosaku Narioka at kosaku.narioka@wsj.com

(END) Dow Jones Newswires

August 28, 2025 04:21 ET (08:21 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Here is what you need to know: \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  NET PROFIT: ICBC's net profit is estimated to have declined 1.7% to 164.05 billion yuan, equivalent to $22.93 billion, for the first six months of 2025, according to a poll of analysts by Visible Alpha. That would compare with 166.805 billion yuan in the year-earlier period. \n</p>\n<p>\n  The lender's Hong Kong-listed stock has risen 11% so far this year, following a 36% gain in 2024, driven by hopes that Chinese policymakers will take measures to stimulate the flagging economy. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  WHAT TO WATCH: \n</p>\n<p>\n  --First-quarter net interest income--the difference between interest earned on loans and that paid on deposits--dropped 2.9% from a year ago to 156.78 billion yuan, as loan interest rates have declined in the country. Investors will be focusing on any further deterioration in the bank's primary source of earnings. \n</p>\n<p>\n  --First-quarter credit impairment losses decreased 4.9% to 56.97 billion yuan. Investors will closely watch the bank's credit costs, given that U.S. tariffs have raised economic uncertainty in the world's second-biggest economy. \n</p>\n<p>\n  --The bank's nonperforming-loan ratio was 1.33% at the end of March, compared with 1.34% at the end of 2024. 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Here is what you need to know: \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  NET PROFIT: ICBC's net profit is estimated to have declined 1.7% to 164.05 billion yuan, equivalent to $22.93 billion, for the first six months of 2025, according to a poll of analysts by Visible Alpha. That would compare with 166.805 billion yuan in the year-earlier period. \n</p>\n<p>\n  The lender's Hong Kong-listed stock has risen 11% so far this year, following a 36% gain in 2024, driven by hopes that Chinese policymakers will take measures to stimulate the flagging economy. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  WHAT TO WATCH: \n</p>\n<p>\n  --First-quarter net interest income--the difference between interest earned on loans and that paid on deposits--dropped 2.9% from a year ago to 156.78 billion yuan, as loan interest rates have declined in the country. Investors will be focusing on any further deterioration in the bank's primary source of earnings. \n</p>\n<p>\n  --First-quarter credit impairment losses decreased 4.9% to 56.97 billion yuan. Investors will closely watch the bank's credit costs, given that U.S. tariffs have raised economic uncertainty in the world's second-biggest economy. \n</p>\n<p>\n  --The bank's nonperforming-loan ratio was 1.33% at the end of March, compared with 1.34% at the end of 2024. Investors will be paying attention to any signs of improvement in asset quality. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Kosaku Narioka at kosaku.narioka@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 28, 2025 04:21 ET (08:21 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IDCBY","symbol_name":"工商银行ADR","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2562086446","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2562086446","pubTimestamp":1756369260,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Industrial & Commercial Bank of China is scheduled to report first-half results on Friday. Here is what you need to know:. NET PROFIT: ICBC's net profit is estimated to have declined 1.7% to 164.05 billion yuan, equivalent to $22.93 billion, for the first six months of 2025, according to a poll of analysts by Visible Alpha. That would compare with 166.805 billion yuan in the year-earlier period.The lender's Hong Kong-listed stock has risen 11% so far this year, following a 36% gain in 2024, driven by hopes that Chinese policymakers will take measures to stimulate the flagging economy.--First-quarter net interest income--the difference between interest earned on loans and that paid on deposits--dropped 2.9% from a year ago to 156.78 billion yuan, as loan interest rates have declined in the country. Investors will be focusing on any further deterioration in the bank's primary source of earnings.--First-quarter credit impairment losses decreased 4.9% to 56.97 billion yuan. Investors will ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"601398":"工商银行","IDCBY":"工商银行ADR","01398":"工商银行"},"translate_title":"工商银行预计上半年净利润下降——盈利预览","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"601398":0.9,"IDCBY":0.9,"01398":1},"content_text":"By Kosaku Narioka \n\n\n \n\n\n  Industrial & Commercial Bank of China is scheduled to report first-half results on Friday. Here is what you need to know: \n\n\n \n\n\n  NET PROFIT: ICBC's net profit is estimated to have declined 1.7% to 164.05 billion yuan, equivalent to $22.93 billion, for the first six months of 2025, according to a poll of analysts by Visible Alpha. That would compare with 166.805 billion yuan in the year-earlier period. \n\n\n  The lender's Hong Kong-listed stock has risen 11% so far this year, following a 36% gain in 2024, driven by hopes that Chinese policymakers will take measures to stimulate the flagging economy. \n\n\n \n\n\n  WHAT TO WATCH: \n\n\n  --First-quarter net interest income--the difference between interest earned on loans and that paid on deposits--dropped 2.9% from a year ago to 156.78 billion yuan, as loan interest rates have declined in the country. Investors will be focusing on any further deterioration in the bank's primary source of earnings. \n\n\n  --First-quarter credit impairment losses decreased 4.9% to 56.97 billion yuan. Investors will closely watch the bank's credit costs, given that U.S. tariffs have raised economic uncertainty in the world's second-biggest economy. \n\n\n  --The bank's nonperforming-loan ratio was 1.33% at the end of March, compared with 1.34% at the end of 2024. Investors will be paying attention to any signs of improvement in asset quality. \n\n\n \n\n\n  Write to Kosaku Narioka at kosaku.narioka@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 28, 2025 04:21 ET (08:21 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport,preview","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2562086446","isCrawlerRequest":true}