On October 30, a financial frontline report stated that China Construction Bank Corporation (ASX: 601939) held its 2026 third quarter results briefing. Vice President and Board Secretary Ji Zhihong stated that CCB (ASX: 00939) adhered to quality first and efficiency priority, continuing the sound development momentum from the first half of the year, and achieved solid operating results characterized by a stable foundation, strong development quality, and resilient indicators, with new progress made in connotative high-quality development.
Ji Zhihong introduced that China Construction Bank Corporation (ASX: 601939) achieved steady improvement in profitability. Operating income (under International Financial Reporting Standards, same below) and net profit maintained a double growth trend. In the first three quarters, operating income reached 623.558 billion yuan, a year-on-year increase of 11.29%, net profit was 275.623 billion yuan, a year-on-year increase of 6.65%, and net profit attributable to shareholders of the bank was 274.226 billion yuan, a year-on-year increase of 6.55%. Total volume achieved steady growth. The group's total assets reached 48.73 trillion yuan, an increase of 6.78% compared to the end of last year, of which total loans and advances issued amounted to 29.55 trillion yuan, an increase of 6.41% compared to the end of last year; total liabilities were 44.76 trillion yuan, an increase of 6.70% compared to the end of last year, of which total deposits absorbed amounted to 31.91 trillion yuan, an increase of 3.47% compared to the end of last year. Core indicators led the industry. The net interest margin was 1.36%, up 2 basis points from the full year of last year, maintaining a stabilizing trend. The annualized average return on assets was 0.78%, the annualized weighted average return on equity was 10.06%, the capital adequacy ratio was 19.55%, the core tier-one capital adequacy ratio was 14.39%, and the cost-to-income ratio was 23.50%. Risks were stable and controllable. The non-performing loan ratio was 1.29%, down 0.02 percentage points from the end of last year, and the provision coverage ratio was 233.21%, up 0.06 percentage points from the end of last year.
Ji Zhihong stated that next, China Construction Bank Corporation (ASX: 601939) will closely align with the main goals and situational tasks of financial work during the "15th Five-Year Plan" period, maintain strategic focus and pragmatic progress, integrate its own development into the broader picture of Chinese-style modernization, and repay customers, shareholders, and society with higher-quality financial services, jointly creating a more robust and more sustainable future.
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