BoC Q3 net profit 45.5 bln yuan vs 44.186 bln yuan year-ago
NIM at 1.84% end-Sept vs 1.83% end-June
NPL ratio 1.37% end-Sept vs 1.40% end-June
BEIJING/SHANGHAI, Oct 30 (Reuters) - Bank of China Ltd (BoC) 3988.HK, 601988.SS, the country's fourth-biggest lender by assets, reported on Wednesday a 3.04% rise in third-quarter net profit.
Profit for the July to September period was 45.5 billion yuan ($6.45 billion) for BoC, which handles about a quarter of cross-border renminbi settlements on the mainland, compared with 44.19 billion yuan in the same period a year earlier.
The result missed the 3.95% average profit growth estimate of two analysts, according to data compiled by Reuters.
BoC's net interest margin, a key measure of profitability that represents the difference between interest earned on loans and that paid out to depositors, edged up to 1.84% from 1.83% at end-June.
Its non-performing loan ratio fell to 1.37% at end-September from 1.40% three months ago.
($1 = 6.9597 Chinese yuan renminbi)
(Reporting by Engen Tham in Shanghai and Cheng Leng in Beijing; Editing by Louise Heavens)
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