Ping An Insurance (Group) Company of China Ltd. (stock abbreviation: PING AN) released the unaudited third-quarter report of its banking arm, Ping An Bank Co. Ltd., for the period ended 30 September 2026.

Revenue and Profitability • Operating income for January–September 2026 reached RMB 103.10 billion, up 2.40% year on year, with third-quarter revenue of RMB 32.48 billion (+3.80% YoY). • Net profit attributable to shareholders rose 2.20% to RMB 39.19 billion for the nine-month period; third-quarter net profit was RMB 13.49 billion (+0.20% YoY). • Net interest income edged up 0.30% to RMB 66.76 billion, supported by a 34-basis-point decline in the average cost of interest-bearing liabilities to 1.39%. • Net interest margin stood at 1.80%, adding one basis point year on year, while cost-to-income ratio improved to 27.01% (-0.46 ppt YoY). Net non-interest income advanced 6.50%, lifting its contribution to 35.25% of total revenue.

Balance-Sheet Trends • Total assets were RMB 5.95 trillion as of 30 September 2026, a 0.40% increase from end-2025. • Customer loan book expanded 1.20% to RMB 3.43 trillion. Corporate loans grew 2.70% to RMB 1.71 trillion, while personal loans were broadly stable at RMB 1.72 trillion. • Customer deposits rose 3.10% to RMB 3.69 trillion, with the average deposit rate declining 35 bps to 1.35%, underscoring continued funding-cost optimisation.

Asset Quality and Capital • Non-performing loan (NPL) ratio remained unchanged at 1.05%. • Provision coverage ratio stood at 214.75%, and the provision-to-loan ratio was 2.25%. • The Core Tier 1 capital adequacy ratio improved to 9.61% (+25 bps versus end-2025). The overall capital adequacy ratio was 13.40% (-37 bps), reflecting the March redemption of RMB 20 billion in preference shares. • Liquidity coverage ratio was 110.77%, down from 132.87% at year-end 2025 but above regulatory minimums.

Strategic Highlights • Retail banking assets under management reached RMB 4.39 trillion (+3.60% YTD), with registered users on the “Ping An Pocket Bank” app rising 3.70% to 188.93 million. • Green loan balances climbed to RMB 274.11 billion (+2.90% YTD). • The bank maintained focus on technology finance, supply-chain finance and inclusive finance; loans to inclusive small- and micro-enterprises totalled RMB 469.36 billion.

Recent Financing Activity In September 2026 Ping An Bank issued a three-year ordinary financial bond of RMB 10 billion at a 1.57% coupon to optimise its liability structure.

No audit opinion was provided for the third-quarter statements.