ICBC Quarterly Net Profit Rises

By Kosaku Narioka


Industrial & Commercial Bank of China reported a rise in third-quarter net profit, thanks to stronger gains from trading and financial investments, as well as lower credit costs.

The Chinese bank said Thursday that net profit rose 3.3% from a year earlier to 101.805 billion yuan, equivalent to $14.34 billion, for the three months ended Sept. 30.

ICBC said net trading income rose to 7.96 billion yuan from 5.56 billion yuan. Net gains on financial investments increased to 9.835 billion yuan from 5.06 billion yuan.

Credit impairment losses declined to 22.13 billion yuan from 27.14 billion yuan.


Write to Kosaku Narioka at kosaku.narioka@wsj.com


(END) Dow Jones Newswires

October 30, 2025 05:15 ET (09:15 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.

Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.

Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.

Popular

Sponsor Center