Agricultural Bank of China (1288) Q3 2026 earnings summary

Executive summary

• 9M operating income RMB619,505m, up 12.48% YoY; net profit RMB237,450m, up 6.80%, and profit attributable to equity holders RMB236,546m, up 7.10%.

• Q3 operating income RMB208,383m, up 15.14% YoY; profit attributable to equity holders RMB90,165m, up 10.84%, and EPS RMB0.25, up 13.64%.

Financial highlights

• 9M net interest income RMB472,541m, up 10.59% YoY; net fee and commission income RMB62,584m, down 10.44%; operating expenses RMB185,919m, up 6.44%.

• 9M operating profit RMB286,152m versus RMB248,685m; credit impairment losses RMB147,326m versus RMB127,403m, an increase of RMB19,923m.

• 9M net cash from operating activities RMB810,595m, down 60.15% YoY, reflecting a smaller net increase in customer and interbank deposits.

Segment performance

• County Area Banking loans RMB12,041,844m at 30 September, up 10.11% from year-end 2025; customer deposits RMB15,007,384m, up 4.35%.