CHINA CITIC BANK (998) H1 2026 earnings summary

Executive summary

• Achieved net profit attributable to shareholders of RMB37.60 billion for H1 2026, up 3.08% year-over-year.

• Operating income rose 4.32% to RMB110.41 billion; net interest income grew 2.74% and net non-interest income increased 7.59% year-over-year.

• Asset quality remained stable with an NPL ratio of 1.15% and allowance coverage ratio of 203.12%.

• Total assets reached RMB10.38 trillion, up 2.50% from year-end 2025; total loans and advances to customers grew 2.50% to RMB6.01 trillion.

• Interim cash dividend proposed at RMB2.03 per 10 shares, totaling RMB11.30 billion, pending shareholder approval.

Financial highlights

• Net profit attributable to shareholders: RMB37.60 billion (+3.08% YoY).

• Operating income: RMB110.41 billion (+4.32% YoY).

• Net interest income: RMB73.15 billion (+2.74% YoY); net non-interest income: RMB37.26 billion (+7.59% YoY).

• Total assets: RMB10.38 trillion (+2.50% from end-2025).

• Total loans and advances: RMB6.01 trillion (+2.50% from end-2025).

• Total deposits: RMB6.28 trillion (+3.81% from end-2025).

• Basic and diluted EPS: RMB0.63 (+1.61% and +3.28% YoY, respectively).

• Net cash flow from operating activities: RMB230.99 billion (+706.21% YoY).

• Interim dividend: RMB2.03 per 10 shares, total RMB11.30 billion.

Outlook and guidance

• Management expects continued economic growth, supported by new growth drivers and policy measures.

• Focus on stabilizing net interest margin and asset quality, strengthening customer base, and expanding fee-based income.

• Plans to enhance financial services to the real economy, support key national strategies, and accelerate digital transformation.