On the evening of October 28, Bank Of Lanzhou Co.,Ltd. (001227) officially released its 2026 third-quarter report. As of the end of September 2026, the bank's total assets stood at RMB 534.817 billion, up 0.91% from the end of the previous year, of which loans and advances issued amounted to RMB 250.380 billion, down 1.81% from the end of the previous year; total liabilities reached RMB 497.826 billion, up 0.73% from the end of the previous year, of which deposits absorbed totaled RMB 382.936 billion, up 1.77% from the end of the previous year. During the first nine months of 2026, the bank achieved operating revenue of RMB 6.307 billion, up 6.47% year on year; of which net interest income was RMB 5.102 billion, up 9.86% year on year; non-recurring net profit attributable to parent company was RMB 1.474 billion, up 3.43% year on year.
In the first three quarters of 2026, the bank adhered to its market positioning of "serving the local area, serving small and medium-sized enterprises, serving private businesses, and serving residents," and steadily advanced the building of an "industrial bank, community bank, digital bank, and prudent bank." Its revenue momentum improved steadily, structural adjustment continued to deepen, credit risk remained generally controllable, and its customer base was effectively consolidated, continuously promoting its own high-quality development while serving the real economy.
Revenue Momentum Solid, Interest Margin Stabilizes and Rebounds
The bank continued to optimize its asset-liability structure, proactively adjusted scale indicators, and consolidated its revenue growth momentum. In the first nine months, main business revenue achieved steady growth of RMB 383 million, an increase of 6.47%. It implemented a refined interest rate pricing system, continued to deepen cost reduction and efficiency enhancement on the liability side, with deposit interest payment rate at 1.81%, further down 35 basis points from the end of the previous year; net interest spread at 1.35%, up 2 basis points from the end of the previous year; net interest margin at 1.38%, up 1 basis point from the end of the previous year; it continued to promote cost reduction and efficiency enhancement, with the cost-to-income ratio at 28.68%, down 3.21 percentage points from the end of the previous year.
Precise Credit Allocation, Corporate Business Quality Improved
The bank focused on precise credit allocation to private enterprises and major projects. Its application scale for interest subsidies for small, medium, and micro enterprises ranked first in the province, with new lending of RMB 6.458 billion to provincial and municipal major projects; it implemented Lanzhou's first water rights pledge loan and the steel industry's carbon capture transition loan, with green loan balance at RMB 19.043 billion, up 6.25%; loans to technology-based enterprises reached RMB 18.485 billion, up 10.88%. As the first bank in the province to directly connect to "Longxintong," the bank's supply chain financing increased by RMB 9.470 billion, up 80.90% year on year.
Wealth Management Accelerated, Retail Business Efficiency Enhanced
At the end of September, the bank had 7.4804 million individual customers, a net increase of 297,000 from the beginning of the year; total individual customer financial assets reached RMB 319.744 billion, a net increase of RMB 14.482 billion from the beginning of the year. Non-deposit individual customer financial assets exceeded RMB 50 billion, with wealth management agency sales and insurance agency sales combined adding more than RMB 44 million in intermediary income; "Happy Family" pension savings reached RMB 308 million. It steadily increased individual housing mortgage lending, with mortgage lending of RMB 2.784 billion this year; actively carried out credit card consumption discount activities, with credit card consumption up 4.78% year on year; held 1,547 "Enjoy the Four Seasons" customer salon events, covering 37,300 customers; strengthened bank-community collaboration efficiency, with 52,000 new social security cards issued in the first three quarters, and cumulative social security benefit payments for 2.0612 million person-times, with cumulative disbursement of RMB 6.8 billion.
Village-wide Credit Expansion, Inclusive Finance Growth
The bank used low-cost funds such as relending and on-lending, implemented interest subsidy policies for service industry loans, innovated agricultural mortgage models, promoted village-wide credit granting and digital inclusive finance, deeply cultivated commercial districts, industrial chains, and county-level characteristic industries, combined cluster customer acquisition, grid expansion, and government-bank-enterprise matching, and continuously expanded the scale of inclusive credit allocation. At the end of September, the bank's inclusive small and micro loan balance was RMB 16.188 billion, up 4.62% from the beginning of the year, with an average interest rate of 4.26%, down 20 basis points from the beginning of the year; agriculture-related loans were RMB 21.896 billion, up 2.63% from the beginning of the year.
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