Agricultural Bank of China (01288.HK ) Net profit of 2920 billion yuan in 2025, up 3.3% year-on-year

Gelonghui March 30 | Agricultural Bank of China (01288.HK) announced that in 2025, its operating performance remained steady and improved. Net profit and operating revenue continued a “double-positive growth” trend. Among them, net profit was RMB 292.0 billion, up 3.3% year over year; operating revenue was RMB 725.1 billion, up 1.9% year over year. Asset quality remained excellent. The ratio of non-performing loans was 1.27%, down 3 BP from the end of the previous year. The ratio of overdue loans was 1.25%, maintaining a better-than-comparable-peers level. The ratio of overdue loans is lower than the ratio of non-performing loans, and the asset quality recognition standards are strict.

The balance of loan loss provisions remained above RMB 1 trillion, and the provision coverage ratio was 292.55%, maintaining strong risk-coverage capability. The total financing volume grew at a reasonable pace. Total assets were RMB 48.8 trillion, including total loans of RMB 27.13 trillion, with an increase of RMB 2.23 trillion. Financial investments were RMB 16.3 trillion, with an increase of RMB 2.47 trillion. Deposit stability continued to improve. On a full-coverage basis, customer deposits totaled RMB 38.69 trillion, with an increase of RMB 3.71 trillion. The deviation of deposits by local and foreign currencies was 0.58%, which was the best among comparable peers and the only one to remain below 3% for seven consecutive quarters.

The growth rate of county-area lending continued to stay higher than that of the whole bank. We fully supported the comprehensive rural revitalization and the integration of urban and rural development. County-area loan balances were RMB 10.9 trillion, up 11.0%, and the balance accounted for 41.0% of domestic loans. For five consecutive years, it has been awarded the highest grade “Excellent” in regulatory assessment and evaluation for serving rural revitalization, and it is the only institution among 20 national financial institutions. Key areas of financial services were continuously strengthened. By focusing on key areas and weak links such as ensuring national food security, rural industries, rural development, and rural reform, we continued to play the role of finance in supporting agriculture, benefiting farmers, and enriching rural areas. The loan balances in related fields for ensuring the supply of grain and other important agricultural products, rural industries, and rural development were RMB 1.21 trillion, RMB 2.66 trillion, and RMB 2.46 trillion, with growth rates of 20.3%, 19.5%, and 9.6%, respectively—higher than the whole bank by 11.4, 10.6, and 0.7 percentage points. With “one county, one set of files” and “one county, one strategy,” we improved financial services for key support areas. In 160 national key rural revitalization and targeted support counties, loan balances were RMB 480.0 billion, up 9.9%.

Service coverage continued to expand further. We relocated and rebuilt township branches by 179, and built 1,742 “benefit-to-agriculture” service stations, with the township service coverage rate continuing to rise. The number of monthly active customers for the county-area mobile banking was 130 million. “Huinong e-loans” had a balance of RMB 1.84 trillion, up 22.9%, and the convenience and accessibility of financial services for farmers continued to improve.