Zheshang Bank (02016) announced interim results. Net profit to mother of 7.824 billion yuan increased 2.05% year-on-year

According to the Zhitong Finance App, Zheshang Bank (02016) announced its 2026 interim results, with operating income of 33.516 billion yuan, up 0.75% year on year; of these: net interest income was 22.352 billion yuan, down 3.01% year on year; net non-interest income was 11.164 billion yuan, up 9.25% year on year. Net profit attributable to the bank's shareholders was 7.824 billion yuan, an increase of 2.05% over the previous year. Basic earnings per share were $0.28.

As of the end of the reporting period, the Group's total assets were $3,695.80 billion, an increase of $214.708 billion over the end of the previous year, an increase of 6.17%. Of these, total loans and advances amounted to $2010.115 billion, an increase of $87.404 billion over the end of the previous year, an increase of 4.55%. Total liabilities amounted to $3,484.355 billion, an increase of $210.598 billion over the end of the previous year, an increase of 6.43%, of which: absorbed deposits of $2177.297 billion, an increase of $133.831 billion over the end of the previous year, an increase of 6.55%.

At the end of the reporting period, the non-performing loan ratio was 1.36%, the same as at the end of the previous year. The provision coverage rate was 155.85%, up 0.48 percentage points from the end of the previous year; the loan provision rate was 2.12%, up 0.01 percentage points from the end of the previous year. The capital adequacy ratio was 11.55%, down 0.57 percentage points from the end of the previous year; the Tier 1 capital adequacy ratio was 9.55%, down 0.05 percentage points from the end of the previous year; and the core Tier 1 capital adequacy ratio was 8.37%, down 0.03 percentage points from the end of the previous year, all of which met regulatory requirements.