Bank of China reported a net profit of RMB 132.03 billion for the first half of 2026, up 4.67% from the same period a year earlier (net profit attributable to shareholders rose 5.10% to RMB 123.59 billion), on operating income of RMB 357.11 billion, an 8.41% year-on-year increase.
Net interest income rose 10.20% year on year to RMB 236.73 billion, according to the interim results released by the state-owned lender.
NET INTEREST INCOME LEADS THE LINE
Net interest margin was 1.27%, up one basis point year on year.
Non-interest income rose 5.04% to RMB120.38 billion, contributing to the 8.41% year-on-year rise in operating income.
At the end of June, Bank of China had 532 overseas institutions covering 64 countries and regions outside the Chinese mainland, and Hong Kong, Macao and Taiwan contributed 17.01% of group operating income in the first half.
Net interest income grew more than twice as fast as profit for the period, as impairment losses on assets rose 18.39% to RMB68.08 billion and income tax expense rose 14.91% to RMB30.89 billion.
ASSET QUALITY
The non-performing loan ratio was 1.22% at 30 June, down 0.01 percentage points from the end of 2025, and the allowance coverage ratio was 200.85%.
The results were published on 28 August 2026. The board also recommended an interim dividend of RMB1.190 per 10 shares (before tax), totalling RMB38.34 billion.
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