Six major state-owned commercial banks achieve double growth in revenue and net profit

As of March 31, six state-owned large commercial banks—including Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, and Postal Savings Bank of China—have all released their 2025 annual performance reports, with both revenue and net profit growing year over year. Hot topics that investors and consumers care about, such as dividends, wealth management, and consumer loans, are also highlights of the annual reports.

Dividend payments by listed companies are an important source of residents’ property-based income, and the stable performance of the six banks creates favorable conditions for dividends. In total, the six banks distributed cash dividends of more than RMB 420 billion for the full year, continuing to maintain a high dividend payout ratio. Industrial and Commercial Bank of China is expected to distribute cash dividends totaling RMB 110.6 billion; Bank of Communications has a dividend payout ratio of 32.3%, while the other five banks’ dividend payout ratios are also stable at around 30% of attributable net profit.

Asset allocation is also a key focus for society. Many banks said they will continue to innovate wealth management services and broaden channels for residents to increase their income. China Construction Bank will continue to enrich the product lineup for wealth management this year, providing differentiated wealth management solutions tailored to different clients’ risk preferences. Agricultural Bank of China said it will fully leverage the advantages of diversified and integrated operations to build a range of wealth management products covering multiple strategies, introducing high-quality institutions, resources, and products from across the market to meet customers’ needs for diversification and customization.

In serving consumers, many banks have actively responded to financial support initiatives and policies to expand consumption, better meeting the public’s diverse and multi-tiered needs for consumer finance. In 2025, Bank of China injected more than RMB 2 trillion in credit funds into key consumption areas, with more than RMB 10 billion in consumption subsidies and fee reductions and benefits to consumers, benefiting more than 100 million people.

By/Reporter Zhao Zhanhui

Edited by/Liu Zhongyu