Bank of Suzhou (002966) Q1 2026 earnings summary

Executive summary

• Total assets reached RMB 859.50 billion as of March 31, 2026, up 8.88% from year-end 2025.

• Net profit for Q1 2026 was RMB 1.75 billion, up 8.47% year-over-year.

• Operating income for Q1 2026 was RMB 3.61 billion, up 10.94% year-over-year.

• Loans and advances grew 10.83% to RMB 400.20 billion; deposits rose 12.96% to RMB 544.28 billion since year-end 2025.

Financial highlights

• Net profit attributable to shareholders was RMB 1.68 billion, up 8.23% year-over-year.

• Basic EPS was RMB 0.35, up 2.94% year-over-year.

• Net cash flow from operating activities was RMB 37.40 billion, up 244.34% year-over-year.

• Non-recurring profit and loss contributed RMB 1.24 million to net profit.

Outlook and guidance

• Asset quality and capital adequacy remain stable and within regulatory requirements.

• Management expects continued growth in business scale and profitability.