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CITIC BANK Chairman: Non-interest Income Ratio Up 9.3 ppts Over 5 Yrs
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CITIC BANK (00998.HK) Chairman Fang Heying stated at the earnings conference that the bank's net profit grew by nearly 3% last year, ranking among the top in growth among large and medium-sized banks. He mentioned that the combination of stabilizing income and reducing costs has opened up profit growth space. Starting from stabilizing the NIM to stabilizing revenue, the NIM has gradually stabilized, and the revenue decline has been narrowing. He also disclosed that the bank's non-interest income ratio hiked by 9.3 ppts over the past five years. In 2025, fee income reached RMB32.77 billion, up 5.6%, which was 2.2 ppts more than the industry average. AASTOCKS Financial News Website: www.aastocks.com |
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