Bank of Nanjing (601009) Q1 2026 earnings summary

Executive summary

• Total assets reached ¥3,206.88 billion at Q1-end, up 6.12% from year-end 2025, with deposits and loans growing 9.73% and 7.74% respectively.

• Net profit attributable to shareholders rose 8.05% year-over-year to ¥6.60 billion, with operating income up 13.54% to ¥16.11 billion.

• Asset quality remained stable; non-performing loan ratio held at 0.83%, and provision coverage at 306.81%.

• Cost-to-income ratio improved to 20.90%, down 5.17 percentage points from year-end.

Financial highlights

• Net interest income surged 39.44% year-over-year to ¥10.81 billion, accounting for 67.09% of operating income.

• Basic and diluted EPS were ¥0.53, down from ¥0.55 and up from ¥0.50, respectively, in Q1 2025.

• Net cash flow from operating activities dropped 67.03% year-over-year to ¥33.20 billion.

• Return on average equity (ROE) was 3.57%, down 0.23 percentage points year-over-year.

Outlook and guidance

• Focus remains on high-quality growth, risk management, and innovation in retail, corporate, and green finance.

• Plans to deepen credit risk monitoring and early warning systems to maintain asset quality.