Hua Xia Bank Co. (600015) Q3 2026 earnings summary

Executive summary

• 9M 2026 operations remained broadly stable; total assets rose 6.30%, loans 6.55% and deposits 8.60% from year-end 2025.

• Revenue grew 18.50% YoY, while attributable net income declined 18.02%, alongside substantially higher credit impairment losses.

Financial highlights

• 9M revenue was RMB76,882m (+18.50% YoY); net interest income was RMB51,227m (+10.66%) and non-interest net income RMB25,655m (+38.03%).

• 9M attributable net income was RMB14,741m (-18.02% YoY); basic EPS was RMB0.84 (-19.23%).

• Q3 revenue was RMB25,574m (+32.10% YoY), while attributable net income was RMB5,376m (-17.44%) and basic EPS RMB0.31 (-18.42%).

• Q3 revenue growth was driven mainly by higher net interest income and fair value gains.

Key financial ratios and metrics

• 9M net interest margin was 1.58%, up 0.03 percentage points YoY; net interest spread was 1.61%, down 0.01 percentage points.

• 9M cost-to-income ratio was 25.23%, down 4.72 percentage points YoY; ROAE was 4.15%, down 1.26 percentage points.

• NPL ratio was 1.50%, down 0.05 percentage points from year-end; provision coverage was 144.21%, up 0.91 points, and loan provision ratio was 2.16%, down 0.07 points.

• Capital ratios at quarter-end: core Tier 1 8.98%, Tier 1 11.18%, total capital 12.51%; leverage ratio was 6.73%.

• Liquidity coverage ratio was 156.67%, versus 154.93% at year-end 2025.