CCB Posts H1 Net Profit of RMB171.68 Billion, Plans RMB52.58 Billion Interim Dividend

China Construction Bank (CCB) released its interim results for 2026 on August 28, 2026. In the first half, the bank achieved operating income of RMB426.33 billion, up 10.48% year on year, and net profit of RMB171.68 billion, up 5.56%, with profitability improving quarter by quarter. As of end-June 2026, total assets stood at RMB47.33 trillion, up 3.72% from end-2025, while total liabilities were RMB43.49 trillion, up 3.69% from end-2025. Asset quality remained stable, with the non-performing loan ratio at 1.29%, down 0.02 percentage points from end-2025, and the provision coverage ratio at 238.69%, up 5.54 percentage points from end-2025, indicating ample risk absorption capacity.

On key metrics, the annualized return on average assets was 0.74%, annualized weighted average return on equity was 9.52%, capital adequacy ratio was 19.42%, core tier 1 capital adequacy ratio was 14.24%, and the cost-to-income ratio was 22.17%. The net interest margin was 1.37%, up 3 basis points from full-year 2025 and 1 basis point from the first quarter of 2026, maintaining a stabilizing trend.

The business structure continued to optimize. On the asset side, net loans and advances to customers were RMB28.44 trillion, up 5.62% from end-2025; financial investments were RMB13.99 trillion, up 8.48% from end-2025, mainly due to increased investment in government bonds. On the funding side, customer deposits reached RMB31.82 trillion, up 3.19% from end-2025, with demand deposits accounting for over 40%; the deposit cost rate was 1.11%, down 29 basis points year on year. Managed personal customer financial assets exceeded RMB24 trillion, an increase of RMB1.04 trillion from end-2025. On the income side, net interest income was RMB310.96 billion, up 8.46% year on year; non-interest income was RMB115.38 billion, up 16.31%, of which net fee and commission income was RMB64.29 billion, with good growth in wealth management and consumer finance products.

Since its listing, the bank has distributed cumulative dividends exceeding RMB1.4 trillion.

In serving the real economy, domestic corporate loans were RMB16.82 trillion, up 7.19% from end-2025; loans to private enterprises rose 9.42% from end-2025; domestic retail loans stood at RMB9.07 trillion; personal consumer loans grew 14.43% from end-2025; and manufacturing loans increased 17.95% from end-2025. RMB loans in key regions such as Beijing-Tianjin-Hebei, the Yangtze River Delta, and the Guangdong-Hong Kong-Macao Greater Bay Area accounted for nearly 60% of the system total. International business credit balances were RMB2.03 trillion, with cross-border RMB settlement volume of RMB4.25 trillion in the first half.

Regarding the "five major articles" of finance, the bank underwrote RMB48.77 billion of technology innovation bonds in the first half, with steady and rapid growth in loans to technology enterprises; green loan balances reached RMB6.53 trillion, and it issued USD1 billion and RMB3 billion green bonds offshore; inclusive small and micro enterprise loans were RMB4.09 trillion, serving 3.82 million loan customers; agriculture-related loans were RMB3.89 trillion; and CCB Pension's second-pillar asset management balance was RMB800.73 billion. In the first half, digital RMB consumption amount grew 14.68% year on year, and online individual users reached 592 million.

Regarding the "four integrations," the underwriting amount of non-financial corporate debt financing instruments was RMB268.68 billion in the first half; international business credit, customers, and settlement volumes all achieved double-digit year-on-year growth; and net profits of overseas institutions and subsidiaries grew rapidly year on year. Domestic corporate customers reached 14.16 million, domestic individual customers totaled 791 million, wealth management customers increased by 5.57 million from end-2025, and investment and wealth management balances exceeded RMB5.3 trillion; securities customer transaction settlement fund custody customers exceeded 100 million, and custody business balances were RMB24.45 trillion. Mobile banking and CCB Life users reached 556 million, with generative AI covering over 600 application scenarios.

In risk prevention and control, the bank improved its "three lines of defense" working mechanism, deepened penetration management of overseas institutions and subsidiaries, optimized the comprehensive financing approval management mechanism, and established a tiered and classified approval mechanism. It incorporated credit and non-credit investment and financing businesses into comprehensive financing total amount approval management, while strengthening control over data risk, fraud risk, ESG risk, and new product risk.