Jinshang Bank's operating income and net profit attributable to parent company both decline in 2025

Beijing Business Daily reports (by reporter Song Yitong). On March 29, Jinshan Bank released its 2025 full-year earnings announcement. The data show that in 2025, the bank recorded operating income of RMB 5.445 billion, a year-on-year decrease of 6%; net profit attributable to the bank’s shareholders was RMB 1.665 billion, a year-on-year decrease of 5.1%.

As of the end of 2025, the bank’s total assets, balances of all deposits, and balances of all loans reached RMB 393.00 billion, RMB 311.054 billion, and RMB 217.626 billion, respectively. The capital adequacy ratio was 13.96%, the core tier-one capital adequacy ratio was 10.46%, and the provision coverage ratio was 191.00%. Major regulatory indicators met regulatory requirements.

Judging by net interest income performance, in 2025, the bank’s net interest income decreased 7.7% year on year to RMB 3.866 billion. This was mainly because interest income from earning assets in the reporting period fell by nearly RMB 927 million, while interest expense on interest-bearing liabilities decreased by nearly RMB 604 million. As of the end of the reporting period, the bank’s net interest margin declined from 1.20% in 2024 by 0.13 percentage points to 1.07%; the net interest spread fell from 1.07% by 0.11 percentage points to 0.96%. This was mainly because the yield on earning assets dropped to 2.97%, partially offset by a decline in the interest rate paid on interest-bearing liabilities. The main reasons for the decline in the yield on earning assets are: (1) affected by the downward trend in the loan market quotation interest rate and bill market interest rates, the yield on loans and advances issued during the reporting period declined; and (2) due to the decline in bond market interest rates, the yields on financial investments and funds placed were lower in the reporting period. The main reasons for the decline in the interest rate paid on interest-bearing liabilities are: (1) under the trend of falling market interest rates, to keep in line with market dynamics, the bank correspondingly reduced its deposit benchmark/published rates; and (2) because market liquidity was reasonably abundant, the issuance interest rates for interbank certificates of deposit declined.