/PRZWT/ On April 1st, Hengfeng Bank released its 2025 annual report. The data shows that by the end of 2025, the asset scale reached 1,610.413 billion yuan; the revenue was 27.159 billion yuan, an increase of 5.37%; the net profit was 5.906 billion yuan, a year-on-year growth of 10.25%. As of now, all 12 joint-stock banks have disclosed their 2025 annual reports, and Hengfeng Bank has the highest revenue and net profit growth rate among the joint-stock banks.
In fact, against the backdrop of the industry's downturn, Hengfeng Bank has achieved a double increase in both operating income and net profit for two consecutive years. In 2024, the bank's revenue and net profit grew by 1.98% and 4.30% respectively.
The annual report of Hengfeng Bank shows that in 2025, in the face of a complex and volatile economic environment, as well as multiple challenges such as narrowing interest margins in the banking sector, pressure on revenue, and rising risks and control pressures, the bank has set the "1443" target positioning as its anchor, and has been actively promoting the "1476" transformation and development strategy. It has adhered to the principle of steady progress while seeking improvement, adjusting the structure, and strengthening the foundation, achieving coordinated improvement in scale, efficiency, and quality, and with practical achievements, solidifying the foundation for high-quality development.
What is particularly worth noting is that, under the continuous downward trend of LPR, the net interest margin of Hengfeng Bank rose against the odds to 1.56%, an increase of 4 basis points compared to the end of the previous year. Compared with industry data, the average net interest margin of commercial banks in 2025 is 1.42%. Hengfeng Bank's achievement of an upward trend against the odds is truly remarkable.
The business structure has been continuously optimized, and the quality and efficiency of services have been prominently demonstrated. By the end of the reporting period, the total amount of loans and advances of Hengfeng Bank reached 927.242 billion yuan, with an increase of 7.68%. The efforts to serve the real economy have continued to intensify. The liability side has steadily expanded, with a total liability amount of 1,484.243 billion yuan, an increase of 6.22%. The total amount of deposits absorbed was 928.043 billion yuan, an increase of 63.995 billion yuan compared with the previous year, representing a growth rate of 7.41%.
Asset quality has been firmly established as the bottom line, and the effectiveness of risk prevention and control has been remarkable. As of the end of the reporting period, the non-performing loan ratio of Hengfeng Bank was 1.35%, which was 0.15 percentage points lower than the average level of commercial banks, and it has continued to decline for 7 consecutive years. The asset quality has been steadily improving. The provision coverage ratio increased by 7.90 percentage points compared with the end of the previous year, and the risk-resistance capacity has been further enhanced, laying a solid safety barrier for high-quality development.
The capital strength has continued to grow, and the development support has become more solid. At the end of the reporting period, the core Tier 1 capital adequacy ratio, Tier 1 capital adequacy ratio and capital adequacy ratio of Hengfeng Bank reached 8.78%, 9.89% and 12.63% respectively. The quality and efficiency of capital management have continued to improve, providing strong capital support for the sustained and healthy development of the business.
Xin Shuren, the Party Secretary and Chairman of Hengfeng Bank, stated in the annual report's致辞 that it is a crucial year for the high-quality development of Hengfeng Bank. Hengfeng Bank will set the goal of building a first-class joint-stock bank， maintain the determination for strategic transformation, vigorously implement the "Nine Major Projects"， firmly follow the path of Chinese-style financial development， continuously promote a significant enhancement of comprehensive service capabilities， the formation of characteristic business models， and a comprehensive improvement of competitiveness， ensure a good start， and contribute more Hengfeng strength to building a financial power and facilitating China's modernization.
