Guangdong's Five City Commercial Banks Post 2.96 Trillion Yuan in Assets as Capital Ratios Slip

Half-year 2026 data for Guangdong's five city commercial banks have been disclosed in succession. At end-June, the combined total assets of Bank of Guangzhou, Bank of Dongguan, Guangdong Huaxing Bank, Guangdong China Resources Bank and Guangdong Nanyue Bank reached 2.96 trillion yuan, up about 3.8% from the same period of 2025. Capital adequacy ratios at all five banks declined from a year earlier.

Asset scale showed a pattern of four increases and one decrease. At the end of the first half, Bank of Guangzhou held total assets of 960.937 billion yuan, up 5.67% year on year; Bank of Dongguan held 699.628 billion yuan, an increase of 22.627 billion yuan from the same period of 2025; Guangdong Huaxing Bank held 511.862 billion yuan, up 5.12%; and Guangdong China Resources Bank held 480.089 billion yuan, up 6.46%. Nanyue Bank recorded negative asset growth. Financial statements disclosed by listed company ST Chenming show that at the end of the first half of 2026, Nanyue Bank's total assets stood at 308.948 billion yuan, down 5.93% from the same period of 2025, while total liabilities were 280.428 billion yuan, down 5.85%. According to Nanyue Bank's official website, the bank discloses third-pillar information reports on a quarterly basis, but these do not include detailed data on assets, liabilities, operating revenue or net profit.

The bank's total assets at the end of 2023, 2024 and 2025 were 306.298 billion yuan, 332.676 billion yuan and 337.576 billion yuan, respectively.

On revenue, three banks disclosed specific first-half figures. Bank of Guangzhou recorded operating revenue of 6.918 billion yuan in the first half of 2026, an increase of 216 million yuan year on year; Bank of Dongguan reported operating revenue of 4.932 billion yuan; and data disclosed by ST Chenming show that Nanyue Bank's operating revenue was 1.227 billion yuan, down 183 million yuan or 12.98% year on year. Huaxing Bank's second-quarter 2026 information disclosure report did not provide detailed first-half operating data. Annual reports on the bank's official website show operating revenue of 8.409 billion yuan, 8.367 billion yuan and 7.351 billion yuan for 2023, 2024 and 2025, respectively.

On capital adequacy, the capital adequacy ratios and core tier-one capital adequacy ratios of all five city commercial banks declined from the same period of 2025, while only Bank of Guangzhou recorded a year-on-year rise in its tier-one capital adequacy ratio. Nanyue Bank's capital adequacy ratio fell 1.69 percentage points to 11.58% from 13.27%; Huaxing Bank's dropped 1.33 percentage points to 12.36%; Bank of Dongguan's fell to 11.87%; China Resources Bank's declined 0.76 percentage point to 12.36%; and Bank of Guangzhou's edged down 0.16 percentage point to 11.88%. On core tier-one capital adequacy, Nanyue Bank fell 1.69 percentage points to 11.58%; Bank of Guangzhou stood at 7.76%, down 0.14 percentage point; China Resources Bank declined 1.13 percentage points to 8.61% from 9.74%; Huaxing Bank dropped 0.45 percentage point; and Bank of Dongguan fell 0.12 percentage point to 9.12%. On tier-one capital adequacy, Bank of Guangzhou rose 0.53 percentage point to 9.25%, while the other four banks all declined.

Under the Measures for the Capital Management of Commercial Banks, the minimum capital requirements for commercial banks are a core tier-one capital adequacy ratio of no less than 5%, a tier-one capital adequacy ratio of no less than 6% and a capital adequacy ratio of no less than 8%, with a capital conservation buffer of 2.5% of risk-weighted assets to be met by core tier-one capital on top of the minimum requirements. Data from the National Financial Regulatory Administration show that at the end of the second quarter of 2026, commercial banks excluding foreign bank branches had a capital adequacy ratio of 15.26%, a tier-one capital adequacy ratio of 12.12% and a core tier-one capital adequacy ratio of 10.72%. The capital adequacy ratios of Guangdong's five city commercial banks all exceed the minimum regulatory requirements.