The first annual report of A-share rural commercial banks is out! Chongqing Rural Commercial Bank expects both revenue and net profit to grow in 2025, with total assets reaching 1.66 trillion yuan.

Every reporter｜Zhang Yi Every editor｜Wei Wenyi

A-share listed rural commercial banks release their first annual report.

On the evening of March 25, Chongqing Rural Commercial Bank (SH601077, stock price 7.13 yuan, market value 80.975 billion yuan, hereinafter referred to as "Chongqing Rural Commercial Bank") released its 2025 annual report, becoming the first listed rural commercial bank to disclose its 2025 annual report in A-shares.

The financial report shows that by the end of 2025, the bank's total assets were approximately 1.66 trillion yuan, a year-on-year increase of 9.95%, the highest growth rate in nearly four years; the annual operating income was approximately 28.648 billion yuan, and the net profit was approximately 12.420 billion yuan, representing year-on-year growth of 1.37% and 5.35%, respectively.

According to the annual report, the board of directors of Chongqing Rural Commercial Bank proposed to distribute a final cash dividend of 1.1755 yuan per 10 shares for the year 2025, totaling 1.335 billion yuan. Including the interim dividend, the total dividend for the year will be 3.645 billion yuan, with a dividend payout ratio of 30.5%.

Net interest income grows by 7.85%
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The annual report shows that in 2025, Chongqing Rural Commercial Bank achieved an operating income of approximately 28.648 billion yuan, a year-on-year increase of 1.37%; net profit was approximately 12.420 billion yuan, a year-on-year increase of 5.35%.

From the revenue structure, in 2025, nearly 85% of the bank's operating income came from net interest income, approximately 24.261 billion yuan, a year-on-year increase of 7.85%. With strengthened control over deposit interest rates and adjustments to the liability structure, the bank's customer deposit interest rate was 1.45%, a decrease of 28 basis points year-on-year; interest expenses were approximately 22.205 billion yuan, a year-on-year decrease of 9.71%; the net interest margin was 1.51%, unchanged from the previous year; the net interest yield was 1.60%, a year-on-year decrease of 1 basis point.



Image source: Chongqing Rural Commercial Bank 2025 Annual Report

Affected by market conditions, while net interest income grew, the bank's intermediary business income saw a decline. Among them, net income from fees and commissions was 1.294 billion yuan, a year-on-year decrease of 19.71%; other non-interest income was 3.093 billion yuan, a year-on-year decrease of 25.55%. Non-interest income accounted for approximately 15% of total revenue.

The board of directors of Chongqing Rural Commercial Bank proposed to distribute a final dividend of 1.1755 yuan per 10 shares for common stock at the end of 2025 (tax included), totaling 1.335 billion yuan in cash dividends. The distribution plan will be submitted to the 2025 annual general meeting of shareholders for deliberation, and dividends for A-shares and H-shares are expected to be distributed on June 16, 2026, and July 27, 2026, respectively.

In addition to the interim dividend from the first half of 2025, the bank will distribute a total common stock dividend of 3.2091 yuan per 10 shares (tax included) for the entire year, totaling 3.645 billion yuan, with a dividend payout ratio of 30.5%, unchanged from the previous year.

County loans account for over 50%
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The annual report shows that by the end of 2025, Chongqing Rural Commercial Bank's total assets were approximately 1.66 trillion yuan, a year-on-year increase of 9.95%, the highest growth rate in nearly four years.

On the liability side, by the end of 2025, the bank's total liabilities were approximately 1.53 trillion yuan, a year-on-year increase of 10.51%. Among them, customer deposits, as the core source of the bank's liabilities, reached approximately 1.03 trillion yuan by the end of 2025, a year-on-year increase of 9.21%.



Image source: Chongqing Rural Commercial Bank 2025 Annual Report

On the asset side, the total amount of customer loans and advances was approximately 797.287 billion yuan, a year-on-year increase of 11.62%, with loans accounting for 47.86% of total assets, an increase of 0.71 percentage points year-on-year.

In terms of corporate loans, the bank established a new business model centered around the industrial chain last year, achieving full coverage of segmented industries in the modern manufacturing cluster system. By the end of 2025, the total amount of corporate loans and advances was approximately 434.974 billion yuan, a year-on-year increase of 21.46%.

By region, by the end of 2025, the proportion of county loans at the bank was 50.78%, an increase of 2.40 percentage points year-on-year, with the balance of agricultural-related loans approximately 265.504 billion yuan.

In terms of retail business, by the end of 2025, the bank's personal deposit balance was approximately 880.367 billion yuan, a year-on-year increase of 8.88%, maintaining the largest market share in Chongqing; total retail loans and advances were approximately 301.022 billion yuan, a year-on-year increase of 2.91%.

From the structure of personal loans, personal business loans and personal mortgage loans decreased year-on-year, while other loans represented by consumer loans and credit card loans increased year-on-year by 18.35%, totaling approximately 94.948 billion yuan.

In terms of asset quality, by the end of 2025, the bank's non-performing loan ratio was 1.08%, a year-on-year decrease of 0.10 percentage points. Among them, the non-performing rate for corporate loans was 0.55%, a year-on-year decrease of 0.49 percentage points; the non-performing rate for retail loans was 2.07%, a year-on-year increase of 0.47 percentage points. The provision coverage ratio was 367.26%, a year-on-year increase of 3.82 percentage points.

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Cover image source: Zhang Yi