Bank of Tianjin reported solid first-quarter 2026 results, underscored by moderate balance-sheet expansion, improved profitability, and a marginal decline in credit risk indicators.

Revenue and Profitability • Operating income rose 1.68% year on year to RMB 4.29 billion. • Net interest income jumped 25.60% to RMB 3.25 billion, supported by a 27 bp reduction in the cost of interest-bearing liabilities and a 26 bp fall in deposit rates, which helped lift net interest margin. • Fee and commission income fell 35.28% to RMB 0.45 billion, but higher investment gains of RMB 0.91 billion (+52.57%) cushioned the decline. • Total profit reached RMB 1.28 billion, up 6.05%, while net profit attributable to shareholders edged 1.34% higher to RMB 1.10 billion, translating into earnings per share of RMB 0.18.

Balance-Sheet Dynamics • Total assets increased 0.58% from end-2025 to RMB 988.07 billion. • Loans and advances to customers expanded 2.18% to RMB 489.87 billion, led by targeted support for technology, green and inclusive finance; loans to key industrial chains were up 11.06% YTD. • Customer deposits grew 2.31% to RMB 553.61 billion, raising deposits’ share of total liabilities by 1.09 ppts. • Net assets per share improved 1.99% to RMB 11.80.

Asset Quality and Capital • The non-performing loan balance stood at RMB 8.31 billion; the NPL ratio fell 3 bp from year-end 2025 to 1.67% on continued “risk mitigation” measures and diversified disposal of distressed assets. • Provisioning remained robust, with impairment losses slightly lower year on year at RMB 1.88 billion. • Capital adequacy ratios complied with regulatory thresholds: overall CAR 13.16%, Tier 1 CAR 10.01%, and core Tier 1 CAR 9.15%. Risk-weighted assets totaled RMB 780.78 billion; outstanding Tier-2 capital bonds were RMB 17.00 billion.

Operational Highlights Management advanced its “Double-Five Battles 2.0” program, prioritizing risk control, cost efficiency, deposit expansion, and digital transformation: • AI-driven tools across 37 projects and 58 scenarios shaved roughly 36,000 man-hours, boosting average efficiency by 38.14%. • Pilot “Light Counter Service” and online wealth-management risk-assessment initiatives strengthened retail outreach; monthly active users on the mobile app climbed to 7th among China’s urban commercial banks. • Cost-to-income ratio remained “healthy” amid optimized pricing of liabilities. • Loans to technology, industrial revitalization, and urban-renewal sectors reached RMB 53.81 billion (+3.5% YTD).

Outlook Management plans to deepen its research- and technology-led strategy, maintain prudent risk governance, and pursue high-quality growth under the first year of China’s 15th Five-Year Plan. Focus areas include further credit-risk containment, scenario-based digital finance, and continued enhancement of compliance and talent development frameworks.