Huishang Bank reported unaudited interim results for the six months ended 30 June 2026, showing continued expansion in balance-sheet scale and stable asset quality.
Revenue and Earnings Operating income increased 2.01% year on year to RMB 21.74 billion, supported by an 11.32% rise in net interest income to RMB 16.18 billion. Net profit reached RMB 9.61 billion, up 3.03%. Net non-interest income fell 17.93% to RMB 5.57 billion, as gains on financial investments moderated. The effective tax rate edged up 0.31 percentage point to 13.17%.
Key Profitability Indicators • Return on average equity: 12.32% (-0.63 ppt) • Net interest margin: 1.51% (-4 bps) • Cost-to-income ratio: 22.15% (+0.18 ppt)
Balance-Sheet Growth Total assets rose 7.06% from end-2025 to RMB 2,490.22 billion. Loans and advances increased 6.62% to RMB 1,205.28 billion, led by corporate lending. Customer deposits grew 10.86% to RMB 1,403.72 billion, widening the loan-to-deposit ratio to 85.88%.
Asset Quality and Provisions The non-performing loan ratio remained unchanged at 0.98%, while the NPL balance stood at RMB 11.83 billion. Provision coverage was 277.02%, down 1.77 ppts versus end-2025. Allowance to loans ratio was 2.72%. Credit cost during the period totalled RMB 6.31 billion; total impairment charges were RMB 5.62 billion.
Capital and Liquidity The capital adequacy ratio was 13.65%; Tier 1 and core Tier 1 ratios were 11.31% and 9.89% respectively. The liquidity coverage ratio was 332.27%, and the net stable funding ratio stood at 116.11%.
Business Segment Highlights • Corporate banking contributed 52.23% of pre-impairment profit, buoyed by credit expansion to infrastructure, green finance, and SME sectors. • Retail banking accounted for 18.04%, supported by deposit growth and steady personal loans. • Treasury operations delivered 34.30% of pre-impairment profit, aided by trading gains. • Inclusive finance loans to small and micro enterprises (credit ≤ RMB10 million per borrower) reached RMB 192.58 billion, up 8.41% compared with end-2025.
Strategic Priorities Management will accelerate deployment in high-quality assets, continue cost control and efficiency initiatives, deepen customer segmentation and expand presence in key regions, while maintaining cautious risk management and capital discipline.
Dividend The interim period carries no dividend proposal; the final dividend of RMB 0.25 per share for FY 2025 (total RMB 3.47 billion) was paid on 21 August 2026.