Industrial Bank Reports Q1 Net Profit of 23.83 Billion Yuan, Up 0.15% Year-on-Year

Deep News04-29 20:40

On April 29, Industrial Bank Co., Ltd. released its first-quarter performance report for 2026. The report indicates that as of the end of March, the bank's total assets reached 11.28 trillion yuan, an increase of 1.70% compared to the end of the previous year. Operating revenue amounted to 55.09 billion yuan. Net profit was 23.83 billion yuan, reflecting a year-on-year growth of 0.15%. The non-performing loan ratio stood at 1.08%, indicating stable asset quality. The provision coverage ratio was 224.52%, maintaining a reasonable and sound level.

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