Agricultural Bank of China, earning 800M daily, has an average employee salary increase of 17k yuan

Ask AI · How Can Compensation Reform Promote the Agricultural Bank of China’s High-Quality Development?

On March 30, the Agricultural Bank of China (Agricultural Bank) disclosed its 2025 financial report, delivering a performance that saw both operating revenue and net profit grow at the same time.

The Finance Debate Council noted that in 2025, the total number of employees at the Agricultural Bank increased by 3,119 compared with the previous year, dispelling external concerns about layoffs. Moreover, by calculating the “staff compensation and benefits” item together with the total employee headcount, the Agricultural Bank’s average pay raise amounted to 170,000 yuan, equivalent to an additional 1,400 yuan per month, and the employees’ average monthly salary also exceeded 30k yuan.

With hiring and pay raises both increasing, the employees’ sense of well-being at the Agricultural Bank should rise further. As Agricultural Bank Chairman Gu Shu said in his remarks in the financial report, “2025 is the final year of the country’s ‘14th Five-Year Plan,’ and it is also a year in which the Agricultural Bank of China has achieved new progress in high-quality development and taken new steps forward.”

The 2025 financial report shows that the Agricultural Bank achieved operating income of 17k yuan, up 2.1% year over year. Net profit reached 30k yuan, up 3.3% year over year. The profit growth rate outpaced the revenue growth rate, highlighting strong cost management and profitability efficiency.

Converted on the basis of 365 days in a year, in 2025 the Agricultural Bank earned 800 million yuan per day. This level of profitability places it among the top tiers among large banks, fully reflecting its solid asset base and sustained, stable earning capability.

Based on the “staff compensation and benefits” in the income statement, the Agricultural Bank’s total expenditure on this item in 2025 was 725.31B yuan. Combined with the total employee headcount of 457,835 at year-end, the per-capita compensation works out to approximately 369.9k yuan.

Compared with 2024, the bank’s staff compensation and benefits in that year were 292B yuan, with a total employee headcount of 454,716, corresponding to per-capita compensation of approximately 352.9k yuan.

In 2025, against the backdrop of a modest increase in the bank’s employee scale, the total compensation amount maintained a faster growth rate, so that per-capita compensation in 2025 increased by about 4.82% versus 2024—equivalent to an average monthly pay increase of 1,400 yuan per employee.

The financial report shows that the Agricultural Bank has continuously deepened reforms to its compensation distribution mechanism, optimized the allocation of resources, improved its internal distribution structure, balanced efficiency and fairness, advanced targeted incentives, managed compensation in accordance with the law and regulations, and strengthened and standardized the order of income distribution.

The Agricultural Bank’s strengthened compensation distribution places incentives on strategic execution, reforms in key areas, the development of key businesses, and incentive mechanisms for value-creation institutions. It encourages value creation and high-quality development. At the same time, it further strengthens care and support for employees, intensifies preferential protection for frontline基层, consolidates the results of poverty alleviation and poverty eradication efforts, and helps drive rural revitalization.

The Agricultural Bank also said it will continuously improve the long-term incentive and constraint mechanisms, implement preferential incentives for key positions, core backbone talent, and professional talent, and effectively promote the development of talent across the whole bank.