On August 19, Bank Of Ningbo Co.,Ltd. (002142) unveiled its interim performance report, showcasing robust financial metrics for the first half of 2026.
The bank posted operating revenue of 41.45 billion yuan for the January-to-June period, marking a year-on-year increase of 11.54%. Net profit attributable to shareholders of the parent company climbed 12.12% to reach 16.562 billion yuan.
A standout performer was the fee and commission income segment, which surged 53.90% to 4.317 billion yuan. This figure represented 10.41% of total operating revenue, a notable improvement of 2.87 percentage points compared to the same period last year.
Net interest income also demonstrated solid growth, expanding by 14.26% to 29.394 billion yuan, an increase of 3.668 billion yuan year-over-year.
As of the end of June 2026, the bank's total assets stood at 3.948 trillion yuan, up 8.81% from the beginning of the year. Loans and advances to customers reached 1.949 trillion yuan, reflecting a 12.50% increase during the period, and constituted 49.39% of total assets, up 1.62 percentage points from the start of the year.
Asset quality remained stable, with non-performing loan (NPL) balances at 14.794 billion yuan and an NPL ratio of 0.76%. The provision coverage ratio strengthened to 373.35%, an increase of 0.19 percentage points from the beginning of the year. The capital adequacy ratio improved to 14.64%, up 0.34 percentage points year-to-date.
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