CCB posts 3.68 % YoY rise in Q1 2026 net profit to RMB 86.82 billion, driven by stronger interest and fee income

China Construction Bank Corporation (CCB) reported unaudited first-quarter 2026 net profit of RMB 86.82 billion, up 3.68 % year on year. Net profit attributable to equity shareholders reached RMB 86.29 billion, a 3.53 % increase. Annualised return on average equity slipped 0.57 percentage point to 9.85 %, while annualised return on average assets was 0.75 %.

Operating income expanded 10.98 % to RMB 206.42 billion. Net interest income rose 8.13 % to RMB 153.47 billion, supported by a 4.22 % rise in gross customer loans to RMB 28.95 trillion and a stable net interest margin of 1.36 %. Net non-interest income advanced 20.15 % to RMB 52.95 billion, with net fee and commission income up 6.72 % to RMB 39.98 billion. Operating expenses increased 3.46 % to RMB 45.81 billion, reducing the cost-to-income ratio by 1.70 percentage points to 21.27 %. Credit-impairment losses climbed 28.04 % to RMB 61.66 billion.

Total assets stood at RMB 47.13 trillion as of 31 March 2026, a 3.29 % rise from end-2025. Customer deposits grew 5.13 % to RMB 32.42 trillion, outpacing loan growth. The non-performing loan balance increased to RMB 377.22 billion, yet the NPL ratio remained stable at 1.31 %. Provision coverage improved to 234.02 %. Capital adequacy remained solid, with a total capital ratio of 19.00 %, Tier 1 ratio of 15.06 %, and CET1 ratio of 14.26 %. The liquidity coverage ratio was 138.12 %.

Strategic lending segments continued to expand: • Technology-finance loans reached RMB 6.00 trillion, up 14.31 % from end-2025. • Green loans totalled RMB 6.60 trillion, an increase of 10.13 %. • Inclusive loans to small and micro enterprises rose to RMB 4.09 trillion, up RMB 256.06 billion. • Agriculture-related lending climbed to RMB 3.96 trillion, growing RMB 250.80 billion. • Loans to core digital-economy industries advanced 15.67 % to RMB 1.03 trillion.

Net cash generated from operating activities declined 17.56 % to RMB 594.43 billion, while net cash used in investing activities widened to RMB 719.02 billion amid higher purchases of investment securities. Financing activities consumed RMB 71.05 billion, largely reflecting dividend payments of RMB 46.82 billion.

In December 2025 CCB paid an interim dividend of RMB 1.858 per ten shares, totalling RMB 48.61 billion. The board has proposed a final 2025 dividend of RMB 2.029 per ten shares, equivalent to a full-year payout of RMB 3.887 per ten shares (subject to shareholder approval).

As at 31 March 2026, the bank counted 296,183 ordinary shareholders. Central Huijin Investment Ltd. remained the largest shareholder with a 54.51 % H-share stake and 0.10 % A-share stake.