China Minsheng Banking Corp., Ltd. (Minsheng Bank) released its unaudited third-quarter report for the nine months ended 30 September 2026, highlighting a modest balance-sheet expansion but softer bottom-line performance due to higher credit impairment charges.
Financial Performance (9M 2026) • Operating income grew 1.88% year on year to RMB 110.55 billion, supported by a 4.95% rise in net interest income to RMB 79.25 billion. • Net interest margin widened by 6 basis points to 1.47%, while the annualised net interest spread improved 6 basis points to 1.38%. • Net profit attributable to equity holders fell 14.78% to RMB 24.32 billion, reflecting a 18.51% jump in credit impairment losses to RMB 47.59 billion. • Basic and diluted EPS declined 18.64% to RMB 0.48. • Q3 standalone net profit was RMB 4.79 billion, down 33.18% year on year.
Balance Sheet and Liquidity • Total assets reached RMB 7.86 trillion, up 0.35% from end-2025; loans rose 2.04% to RMB 4.52 trillion. Corporate lending advanced 6.79%, while personal loans contracted 5.75%. • Customer deposits increased 4.52% to RMB 4.47 trillion, with personal deposits up 5.56%. • The liquidity coverage ratio stood at 123.02%, comfortably above the 100% regulatory minimum. • Net cash inflow from operating activities surged 210.39% to RMB 142.95 billion, aided by a swing of customer and interbank deposits from outflow to inflow.
Asset Quality and Capital • Non-performing loans totalled RMB 66.13 billion, virtually flat versus end-2025; the NPL ratio improved 3 basis points to 1.46%. • Allowance coverage of NPLs edged up to 142.21%; loan loss reserves were 2.08% of total loans. • The group’s Common Equity Tier 1, Tier 1 and total capital adequacy ratios were 9.24%, 11.28% and 13.15%, respectively, all above regulatory thresholds. • The leverage ratio was 7.34%, down 0.17 percentage points from year-end 2025.
Strategic Business Highlights • Green finance: Green loan balance reached RMB 391.41 billion, rising 10.75% year to date; RMB 15.00 billion of green bonds issued in July. • Digital finance: Online retail platform users grew 4.10% to 133.42 million; bank-enterprise direct-connect clients expanded 35.59% to 12,427. • Inclusive finance: Inclusive small-business loan balance stood at RMB 674.20 billion with an NPL ratio of 1.55%; average disbursed rate was 3.08%. • Retail banking: Retail assets under management climbed 10.12% to RMB 3.62 trillion; VIP customers rose 8.23% to 5.18 million. • Risk management: Continued focus on post-lending oversight and disposal of non-performing assets contributed to a stable NPL ratio despite increased impairment expenses.
Corporate Governance and Network As of 30 September 2026, Minsheng Bank operated 153 branch-level outlets (41 tier-1 and 112 tier-2 branches, including newly converted rural banks) across Mainland China and two branches offshore. The board confirmed the accuracy and completeness of the report, which is unaudited and prepared under Chinese accounting standards.
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