CEB BANK’s 1H 2026 Net Profit Falls 23.86% to RMB 18.84 Billion; Assets Reach RMB 7.25 Trillion Amid Rising NPL Ratio

Bulletin Express
昨天

China Everbright Bank (“CEB BANK”, 06818) released its 2026 interim report, approved by the Board on 28 August 2026.

Financial Performance • Operating income slipped 4.31 % YoY to RMB 63.11 billion. • Net interest income grew 3.17 % to RMB 46.87 billion; net interest margin edged up 2 bps to 1.42 %. • Net profit declined 23.86 % YoY to RMB 18.84 billion; profit attributable to equity shareholders was RMB 18.71 billion, equal to basic EPS of RMB 0.28.

Balance Sheet and Capital • Total assets rose 1.20 % from end-2025 to RMB 7.25 trillion; loans increased 2.21 % to RMB 4.07 trillion; deposits grew 2.20 % to RMB 4.19 trillion. • Common Equity Tier 1 ratio stood at 9.67 %, Tier 1 ratio at 11.69 % and total capital adequacy ratio at 13.35 %, all above regulatory minima. • Leverage ratio was 7.24 %; liquidity coverage ratio reached 156.70 %; net stable funding ratio came in at 107.42 %.

Asset Quality • Non-performing loans rose to RMB 58.64 billion, lifting the NPL ratio to 1.44 % (up 17 bps from end-2025). • Provision coverage decreased to 150.02 %, while the loan provision ratio was 2.16 %.

Segment Highlights • Operating income contribution: Corporate Banking RMB 24.73 billion, Retail Banking RMB 24.27 billion, Financial Markets RMB 14.23 billion. • Geographic leaders: Bohai Rim generated RMB 13.50 billion of revenue; Yangtze River Delta RMB 11.86 billion.

Dividends and Capital Actions • Board proposes an interim dividend of RMB 0.81 (tax-inclusive) per 10 ordinary shares, totalling RMB 4.79 billion. • February 2026: fully redeemed RMB 35.15 billion of “Everbright P3” preference shares. • April and June 2026: issued two perpetual capital bonds totalling RMB 35 billion, both resettable every five years at initial coupons of 2.01 % and 1.99 %, respectively.

Strategic Focus CEB BANK reiterated commitment to supporting technology, green, inclusive, pension and digital finance, maintaining prudent risk controls while pursuing high-quality growth.

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