Bank of Zhengzhou H1 2026 Revenue RMB6.759B, Net Profit RMB1.677B
Bank of Zhengzhou reported H1 2026 revenue of RMB6.759 billion, up 1.04% year on year, and net profit attributable to shareholders of RMB1.677 billion, up 3.03%. Total assets reached RMB790.7 billion, up RMB47.026 billion from end-2025. NPL ratio improved to 1.68%, and provision coverage rose to 193.61%.
Bank of Zhengzhou released its 2026 interim report. In the first half, the bank achieved operating revenue of RMB6.759 billion, up 1.04% year on year, and net profit attributable to shareholders of the bank of RMB1.677 billion, up 3.03%. As of end-June, total assets reached RMB790.7 billion, an increase of RMB47.026 billion from end-2025, marking the largest half-year increase in recent years.
On the liability side, as of end-June, Bank of Zhengzhou's total customer deposits stood at RMB514.126 billion, up RMB51.051 billion from end-2025, an increase of 11.02%. Net interest income was RMB5.527 billion, up 3.29% year on year, accounting for 81.76% of operating revenue. Operating and administrative expenses decreased 5.09% year on year, bringing the cost-to-income ratio down to 20.73%, a decline of 1.33 percentage points from the same period in 2025.
Asset quality continued to improve. As of end-June, the non-performing loan (NPL) ratio was 1.68%, down 0.03 percentage points from end-2025. The NPL ratio declined from 1.79% at end-2024 to 1.71% at end-2025, and further to 1.68% at end-June 2026. The provision coverage ratio rose 7.80 percentage points from end-2025 to 193.61%. Among these, the NPL ratio for corporate loans (excluding bill discounts) fell 0.10 percentage points to 1.77%.
In terms of business deployment, corporate banking generated revenue of RMB4.253 billion in the first half. As of end-June, the balance of technology loans was RMB33.308 billion, and agricultural-related loans stood at RMB55.919 billion. The bank promoted comprehensive rural revitalization through its scenario-based service model of "one industry, one plan; one county, one special case."
Regarding capital replenishment, in August 2026, Bank of Zhengzhou completed bookbuilding for RMB6 billion in subordinated bonds on the national interbank bond market, with a coupon rate of 1.97% and an oversubscription multiple of 4.94 times. As of end-June, the capital adequacy ratio was 11.32%, the tier 1 capital adequacy ratio was 10.06%, and the core tier 1 capital adequacy ratio was 8.20%.
Bank of Zhengzhou is the first city commercial bank listed on both the A-share and H-share markets. In the first half, the bank received honors including the "FiNAI Smart Retail Banking Innovation Award" and the "2026 ESG Social Responsibility Practice Leading Enterprise" award.