Bank of China Posts 5.10% Growth in H1 2026 Earnings, Announces Interim Dividend

Bank of China reported solid first-half 2026 results, underpinned by stronger net interest income and disciplined cost control.

Financial Performance • Operating income reached RMB 357.11 billion, up 8.41% year on year, driven by a 10.20% rise in net interest income to RMB 236.73 billion and a 5.04% increase in non-interest income to RMB 120.38 billion.

• Profit for the period grew 4.67% to RMB 132.03 billion; profit attributable to equity holders advanced 5.10% to RMB 123.59 billion.

• Return on average assets stood at 0.67%, while return on average equity was 8.66%. Net interest margin widened by 1 basis point to 1.27%. The cost-to-income ratio improved 1.68 ppts to 23.43%.

Balance-sheet Highlights • Total assets expanded 4.77% since end-2025 to RMB 40.19 trillion; total liabilities increased 5.11% to RMB 36.95 trillion.

• Gross loans and advances rose 5.49% to RMB 24.74 trillion; customer deposits were up 2.46% to RMB 26.83 trillion.

• Asset quality remained stable: non-performing loan ratio edged down 1 bp to 1.22%, while the allowance coverage ratio improved to 200.85%.

Capital & Liquidity • Common Equity Tier 1 ratio was 12.04%; Tier 1 ratio 13.65%; total capital adequacy ratio 18.31%.

• The liquidity coverage ratio and leverage ratio were 157.03% and 7.23%, respectively, both above regulatory minima.

Cash Flow & Dividends • Operating activities generated net cash inflow of RMB 515.80 billion.

• The Board recommended an interim cash dividend of RMB 1.190 per 10 shares (before tax), following a 2025 final dividend of RMB 1.169 per 10 shares paid in July.

Strategic Progress Bank of China highlighted advances in five priority areas—technology, green, inclusive, pension and digital finance—alongside continued support for national strategies, robust risk management and ongoing digital transformation.

Outlook Management committed to further strengthening capital, optimising asset quality and deepening digital initiatives while maintaining prudent risk controls to support high-quality growth for the remainder of 2026.