Bank of Chengdu (601838) Q1 2026 earnings summary

Executive summary

• Total assets reached RMB 1,475.16 billion as of March 31, 2026, up 5.48% from year-end 2025.

• Net profit attributable to shareholders was RMB 3.16 billion for Q1 2026, a 4.81% year-over-year increase.

• Operating income for Q1 2026 was RMB 6.20 billion, up 6.54% year-over-year.

• The bank maintained stable asset quality with a non-performing loan (NPL) ratio of 0.68% and a provision coverage ratio of 424.06%.

• Deposits and loans grew 5.00% and 4.02% respectively from year-end 2025.

Financial highlights

• Net profit: RMB 3,156.70 million, up 4.81% year-over-year.

• Operating profit: RMB 3,700.17 million, up 4.28% year-over-year.

• Operating cash flow: RMB 69,540.41 million, up 8.38% year-over-year.

• Basic EPS: RMB 0.74, up 4.23% year-over-year.

• Net assets per share: RMB 21.70, up 4.13% from year-end 2025.

Outlook and guidance

• The bank continues to focus on strategic development and improving financial service quality, aiming for steady business growth.