Bank of Suzhou (002966) investor relations material

Executive summary

• Total assets reached RMB 875.73 billion as of June 30, 2026, up 10.93% from year-end 2025, with deposits and loans growing 12.06% and 11.70% respectively.

• Operating income for H1 2026 was RMB 7.35 billion, up 13.08% year-over-year; net profit was RMB 3.54 billion, up 9.27% year-over-year.

• Net profit attributable to shareholders was RMB 3.40 billion, up 8.51% year-over-year; basic EPS was RMB 0.71, up 7.58%.

• Asset quality remained stable with NPL ratio at 0.81% and provision coverage at 381.79%.

• Capital adequacy ratios met regulatory requirements: CET1 at 9.16%, Tier 1 at 11.06%, total CAR at 13.75%.

Financial highlights

• Operating income: RMB 7.35 billion (+13.08% YoY); net profit: RMB 3.54 billion (+9.27% YoY).

• Net interest income: RMB 5.28 billion (+23.90% YoY); net interest margin: 1.40% (+0.07pp YoY).

• Fee and commission income: RMB 743 million (-3.93% YoY); net fee and commission income: RMB 675 million (-8.08% YoY).

• Credit impairment losses: RMB 955 million (+67.28% YoY).

• Operating cash flow: RMB 37.91 billion (+133.09% YoY).

Outlook and guidance

• The bank continues to focus on regional integration, digital transformation, and risk management.

• Strategic priorities include expanding corporate, retail, and green finance, and enhancing digital and AI-driven services.

• Management expects stable growth in assets, profitability, and asset quality for the remainder of 2026.