All six of China's large state-owned commercial banks had released their 2025 annual reports as of Monday, posting a combined operating revenue of over 3.5482 trillion yuan (about 496.75 billion U.S. dollars) and a total net profits exceeding 1.42 trillion yuan (205.56 billion U.S. dollars).

The six banks comprise the Industrial and Commercial Bank of China (ICBC), the Agricultural Bank of China (ABC), the Bank of China (BOC), the China Construction Bank (CCB), the Bank of Communications (BOCOM), and the Postal Savings Bank of China (PSBC).

According to the banks' annual result announcement press conferences, many of them registered positive growth across core profitability metrics, alongside continued optimization of asset and liability structure in 2025.

"The ICBC achieved positive growth in all core profitability metrics including operating revenue, net fee and commission income, pre-provision profit, and net profit. Our bank's asset and liability expansion remained steady. We placed greater emphasis on optimizing the structure and timing, achieving a loan balance of 67 percent, an increase of 3.6 percentage points year on year. The stability, balance and sustainability of profit growth have been further improved," said Liu Jun, president of the bank.

Overall, the six banks remained focused on their main responsibilities and business strengths in 2025, pursuing specialized and differentiated development.

"[By the end of 2025,] county-level deposits reached 14.38 trillion yuan (2.08 trillion U.S. dollars), an increase of 1.23 trillion yuan (178 billion U.S. dollars) from the previous year, contributing over 52 percent to the bank's total deposit growth. The balance of loans in areas related to grain and major agricultural product supply security, rural industries, and rural construction grew by 20.3 percent, 19.5 percent and 9.6 percent, respectively. The balance of loan growth in 832 counties that had shaken off poverty and 160 key counties designated to receive assistance for rural revitalization programs continued to outpace the bank's average loan growth rate," said Wang Zhiheng, ABC president.

The six banks' annual result announcements show further optimization of credit allocation structures in 2025, with stronger and more effective support for the real economy.

"By the end of 2025, the domestic personal loan balance reached the nine-trillion-yuan (1.3-U.S.-dollar) threshold. The balance of loans to the sci-tech sector surpassed five trillion yuan (723.8 billion U.S. dollars), with a growth rate of 18.91 percent, providing strong financial support for sci-tech innovation. The balance of loans to the elderly care industry and core sectors of the digital economy grew by 53 percent and 18.7 percent, respectively. The balance of loans to sectors related to manufacturing and infrastructure also registered double-digit growth," said Zhang Yi, CCB president.

Solid performance throughout the year also created room for shareholder returns. All the six banks maintained high dividend payout ratios in 2025, according to their annual result announcements.

"[The BOC strove to translate stable performance into generous returns for investors. During the year, we efficiently completed the 2024 year-end and 2025 interim dividend distributions, with a per-share payout of 0.231 yuan, maintaining a high dividend payout ratio of 30 percent. This marks the fourth consecutive year that we have achieved double-digit stock investment returns for our shareholders," said BOC President Zhang Hui.

"In the second half of this year, BOCOM will distribute the 2025 annual dividend to all shareholders, with total payouts representing 32.3 percent of net profit attributable to ordinary shareholders. The dividend payout ratio has remained above 30 percent for 14 consecutive years. During the 14th Five-Year Plan period (2020-2025), the bank distributed a total of 123.9 billion yuan (17.9 billion U.S. dollars) in cash dividends to shareholders," said BOCOM President Zhang Baojiang.

The banks prioritized boosting consumption and expanding domestic demand as a key task in 2025, improving the quality and efficiency of financial services, and strengthening financial supply for consumption on both the demand and supply sides.

"In 2025, the BOC injected over two trillion yuan (289.5 billion U.S. dollars) in credit funds into key consumption sectors and provided over 10 billion yuan (1.45 billion U.S. dollars) in consumption subsidies and fee reductions, benefiting over 100 million transactions by individual consumers. In terms of service consumption, the bank prioritized support for industries such as accommodation, catering, culture and tourism, and elderly care, with a loan growth of around 20 percent in key service consumption sectors in 2025," said Cai Zhao, BOC's vice president.

"As of the end of 2025, the CCB's personal consumption loan balance stood at 683.2 billion yuan (98.9 billion U.S. dollars), up 155.2 billion yuan (22.47 billion U.S. dollars) over the beginning of the year. This marked the third consecutive year that the increase exceeded the level of 100 billion yuan (14.48 billion U.S. dollars). Last year, the bank disbursed 22 billion yuan (3.18 billion U.S. dollars) in government consumption subsidies across 311 cities nationwide, which in turn drove 180 billion yuan (26 billion U.S. dollars) in consumer transactions," said Tang Shuo, CCB's vice president.