Bank of Qingdao H1 Net Profit Up 18.08% to RMB 3.62 Billion
Bank of Qingdao reported first-half 2026 revenue of RMB 8.36 billion, up 9.15% year on year, with net profit attributable to shareholders at RMB 3.62 billion, up 18.08%. Total assets reached RMB 848.39 billion, up 4.10% from end-2025. Net interest income rose 14.97% to RMB 6.16 billion, while non-interest income fell 4.40%. The non-performing loan ratio improved to 0.95%.
Bank of Qingdao released its interim report for the first half of 2026. During the period, the bank achieved operating revenue of RMB 8.36 billion, up 9.15% year on year, and net profit attributable to shareholders of the parent company of RMB 3.62 billion, up 18.08% year on year. As of the end of June, total assets stood at RMB 848.39 billion, an increase of 4.10% from the end of 2025.
In terms of revenue structure, net interest income for the first half reached RMB 6.16 billion, up 14.97% year on year, while non-interest income totaled RMB 2.20 billion, down 4.40% year on year. The net interest margin was 1.63%, down 0.09 percentage points year on year. On asset quality, the non-performing loan ratio stood at 0.95% at the end of June, down 0.02 percentage points from the end of 2025.