Bank of Beijing (601169) H1 2026 earnings summary

Executive summary

• Achieved operating income of RMB 38.25 billion, up 5.60% year-over-year; net profit attributable to shareholders reached RMB 15.90 billion, up 5.63% year-over-year; basic EPS was RMB 0.71, up 2.90% year-over-year.

• Total assets at period-end were RMB 4.74 trillion, down 3.95% from year-beginning; total liabilities were RMB 4.33 trillion, down 4.96%.

• Deposits increased 4.64% to RMB 2.82 trillion; loans and advances grew 0.10% to RMB 2.40 trillion.

• Board approved interim dividend proposal of RMB 1.30 per 10 shares (pre-tax), pending shareholder approval.

Financial highlights

• Net interest income was RMB 27.49 billion, up 6.34% year-over-year; net fee and commission income was RMB 2.69 billion, up 7.14%.

• Cost-to-income ratio improved to 23.47%, down 2.60 percentage points year-over-year.

• Non-performing loan (NPL) ratio was 1.30%, up 0.01 percentage points from year-beginning; provision coverage ratio at 199.59%.

• Net interest margin (NIM) was 1.26%, down 0.05 percentage points year-over-year.

• Return on average assets (ROA) was 0.66%; return on average equity (ROE) was 10.60%.

Outlook and guidance

• Will continue to focus on high-quality development, risk management, and digital transformation.

• Plans to further optimize asset-liability structure, enhance risk control, and support key national strategies.