Industrial and Commercial Bank of China Limited (1398) Earnings Call Transcripts

Industrial and Commercial Bank of China Limited's Latest Earnings Call - March 27, 2026

In the fiscal year 2025, Industrial and Commercial Bank of China Limited (ICBC) reported a net profit of RMB 370 billion, reflecting a modest 1% year-over-year increase, while operating income rose 1.9% to RMB 800 billion. The bank's total assets exceeded RMB 53 trillion, with customer loans surpassing RMB 30 trillion, indicating strong growth in lending activities. Management maintained a positive outlook for 2026, emphasizing a focus on quality growth and digital transformation, although they acknowledged ongoing pressures on net interest margins (NIM).

Reported metrics

Guidance from management

For 2026, ICBC aims to continue its focus on quality growth and digital transformation, with expectations of stabilizing NIM and enhancing international operations. Management signaled a commitment to balancing credit and non-interest income streams to support sustainable growth.

What analysts pressed on

Analysts expressed concerns regarding the ongoing pressure on NIM and the potential impact on profitability. There were questions about the sustainability of loan growth amid economic uncertainties and the effectiveness of risk management strategies in a challenging environment.

Main topics on the call

• Asset Quality Improvement — ICBC reported a non-performing loan (NPL) ratio of 1.31%, down 3 basis points year-over-year, reflecting improved asset quality management. President Liu stated, "We have a good asset quality and prudent risk appetite, w...
• Digital Transformation Initiatives — Management highlighted advancements in digital capabilities, with personal mobile banking users reaching 630 million. They are transitioning to an 'AI ICBC' strategy, aiming to enhance operational efficiency through tech...
• Dividend Policy and Capital Management — ICBC proposed a total cash dividend of RMB 110 billion for 2025, maintaining a payout ratio above 30%. The Board Secretary noted, "Our commitment is delivering sustainable returns while balancing strategic growth," indic...
• Net Interest Margin (NIM) Outlook — NIM declined to 1.28%, down 14 basis points year-over-year, but management expects the pace of decline to moderate in 2026. Vice President Yao mentioned, "We project it will be an L-shaped trajectory," suggesting potenti...

Read the full Industrial and Commercial Bank of China Limited transcript (March 27, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 16 Industrial and Commercial Bank of China Limited earnings call transcripts on record, spanning August 31, 2020 to August 28, 2026. Based on this history, Industrial and Commercial Bank of China Limited reports semi-annually. The most recent call on file is dated August 28, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

1398

Exchange

SEHK

Country

HK

Sector

Financials

Industry

Banks

Calls on record

16

First call

August 31, 2020

Most recent

August 28, 2026

Reporting cadence

semi-annually