China Everbright Bank Company (601818) Q1 2026 earnings summary

Executive summary

• Achieved net profit of RMB 11.52 billion for Q1 2026, down 8.05% year-over-year; operating income was RMB 31.81 billion, down 3.85% year-over-year.

• Total assets reached RMB 7.20 trillion, up 0.50% from year-end 2025; loans and advances grew 1.91% to RMB 4.06 trillion.

• Focused on serving the real economy, advancing digital, green, and inclusive finance, and strengthening risk management.

Financial highlights

• Net profit attributable to shareholders was RMB 11.46 billion, down 8.06% year-over-year.

• Basic and diluted EPS were RMB 0.17, down 10.53% year-over-year.

• Net interest income increased 4.13% to RMB 23.47 billion; fee and commission income fell 9.25% to RMB 5.15 billion.

• Operating cash flow was negative RMB 36.02 billion, compared to positive RMB 57.08 billion in Q1 2025, mainly due to lower deposit inflows.

• Non-performing loan balance rose to RMB 53.45 billion, with NPL ratio at 1.32%, up 0.05 percentage points from year-end.

Outlook and guidance

• Plans to maintain prudent provisioning and actively manage risk assets to strengthen asset quality.

• Will continue to support key national strategies, digital transformation, and high-quality development.