Ping An Bank (000001) investor relations material

Executive summary

• Achieved revenue of RMB 35.28 billion in Q1 2026, up 4.7% year-over-year; net profit reached RMB 14.52 billion, up 3.0% year-over-year.

• Asset base grew to RMB 6,033.96 billion, a 1.8% increase from year-end 2025.

• Loans and advances rose 2.2% to RMB 3,464.57 billion; deposits increased 3.3% to RMB 3,702.15 billion.

• Maintained stable asset quality with a non-performing loan (NPL) ratio of 1.05%.

• Continued focus on digital transformation, risk management, and support for real economy sectors.

Financial highlights

• Net profit attributable to shareholders: RMB 14.52 billion, up 3.0% year-over-year.

• Operating income: RMB 35.28 billion, up 4.7% year-over-year.

• Basic/diluted EPS: RMB 0.67, up 8.1% year-over-year.

• Net interest margin (NIM): 1.79%, down 4 bps year-over-year.

• Non-interest net income ratio: 37.41%, up 5.01 percentage points year-over-year.

Outlook and guidance

• Will continue to strengthen support for key sectors such as technology, manufacturing, and green finance.

• Plans to further optimize asset structure and risk management, and deepen digital transformation.

• Expects stable growth in deposits and loans, with ongoing focus on cost control and efficiency.