In the first quarter, commercial banks cumulatively achieved a net profit of 656.8 billion yuan.

The China Banking and Insurance Regulatory Commission released data showing that in the first quarter of 2025, commercial banks collectively achieved a net profit of 656.8 billion yuan. The average return on equity was 8.82%, up by 0.72 percentage points from the previous quarter. The average return on assets was 0.68%, up by 0.05 percentage points from the previous quarter. By the end of the first quarter of 2025, the balance of loan loss provisions for commercial banks was 7.2 trillion yuan, an increase of 227.3 billion yuan from the previous quarter; the provision coverage ratio was 208.13%, a decrease of 3.06 percentage points from the previous quarter; and the loan loss provision ratio was 3.15%, a decrease of 0.03 percentage points from the previous quarter. By the end of the first quarter of 2025, the capital adequacy ratio of commercial banks was 15.28%, the Tier 1 capital adequacy ratio was 12.18%, and the core Tier 1 capital adequacy ratio was 10.70%.