Bank of Hangzhou Co. (600926) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue rose 5.50% YoY to RMB 30,468,731 thousand; attributable net profit increased 9.76% to RMB 17,435,287 thousand.

• Total assets reached RMB 2,530,394,819 thousand, up 7.09% from year-end; loans grew 9.42% and deposits 6.03%.

Financial highlights

• Q3 revenue was RMB 9,421,229 thousand, up 7.22% YoY; Q3 attributable net profit was RMB 4,621,794 thousand, up 9.45%.

• 9M net interest income increased 14.66% YoY to RMB 23,039,028 thousand; net fee and commission income rose 4.64% to RMB 3,451,020 thousand.

• 9M operating profit was RMB 20,671,191 thousand versus RMB 17,943,377 thousand; net profit reached RMB 17,435,287 thousand versus RMB 15,884,883 thousand.

• Adjusted for non-recurring items, 9M net profit was RMB 17,416,099 thousand, up 10.58% YoY; non-recurring gains totaled RMB 19,188 thousand.

Outlook and guidance

• The 2026–2030 “Three Three Six Six” strategy began with a stated focus on digitalization, customer-flow development and internationalization; no numerical earnings guidance was stated.

• Strategic priorities include industrial finance, technology ecosystems, cross-border services, transaction banking, SME settlement and wealth management.