State-owned banks' 2025 performance released, ICBC earns 1% more, dividend slightly increased, net interest margin further under pressure

State-owned banks announced their 2025 performance, with ICBC reporting a net profit of CNY 368.56 billion, a year-on-year increase of 0.7%, and a final dividend of CNY 0.1689 per share, up 2.6%. Total revenue was CNY 801.395 billion, with net interest income of CNY 635.126 billion, down 0.4%, and a net interest margin of 1.28%, narrowing by 0.14 percentage points. Bank of Communications reported a net profit of CNY 95.622 billion, a year-on-year increase of 2.2%, with a final dividend of CNY 0.1684, down 14.5%. Total revenue was CNY 265.6 billion, with net interest income of CNY 173.075 billion, up 1.9%, and a net interest margin of 1.2%, narrowing by 0.07 percentage points