Bank of China's Q1 Profit Rises 4%, Net Interest Income Up 8%

MT Newswires Live05-01 08:29

Bank of China (SHA:601988, HKG:3988) recorded a 4.2% year-over-year increase in attributable profit in the first quarter of 2026 to 56.6 billion yuan from 54.4 billion yuan.

Earnings per share was flat at 0.18 yuan, according to a Shanghai Stock Exchange filing on Thursday.

Net interest income jumped 7.8% to 116.1 billion yuan from 107.7 billion yuan a year prior.

Operating income climbed 8.4% to 178.8 billion yuan.

By the end of March, the bank's ratio of non-performing loans shrank to 1.22% from 1.23% at the start of the year. It held a total of 287 billion yuan in non-performing loans.

China's fourth-largest bank by assets saw its total assets expand 3.2% in Q1 to 39.6 trillion yuan from 38.4 trillion yuan at the end of 2025.

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