ICBC H1 2026 Profit Up 3.32% to RMB173.68 Billion, Interim Dividend RMB0.1511

On August 28, 2026, major listed Chinese banks released their interim results for the first half of 2026.

China Construction Bank (CCB) reported net profit attributable to shareholders of RMB169.564 billion for the first half, up 4.62% year on year. Operating income rose 10.48% to RMB426.333 billion, with net interest income up 8.46% to RMB310.958 billion and non-interest income up 16.31% to RMB115.375 billion. The net interest margin was 1.37%, down 0.03 percentage points from the same period in 2025. As of end-June, CCB's total assets stood at RMB47.33 trillion, up 3.72% from end-2025. The non-performing loan (NPL) ratio was 1.29%, down 0.02 percentage points from end-2025. CCB proposed an interim cash dividend of RMB2.010 per 10 shares, totaling approximately RMB52.582 billion, with the payout ratio rising to 31.0% from 30.0% in 2025.

Bank of Communications (BoCom) posted net profit attributable to shareholders of RMB47.874 billion, up 4.04% year on year. Net operating income rose 6.77% to RMB142.540 billion, with net interest income up 8.62% to RMB92.592 billion. The net interest margin was 1.23%, up 2 basis points year on year, consolidating a trend of stabilization and recovery. As of end-June, BoCom's total assets reached RMB16.26 trillion, up 4.58% from end-2025. Customer loans rose 4.01% to RMB9.49 trillion, and customer deposits rose 6.53% to RMB9.92 trillion. The NPL ratio was 1.30%, up 0.02 percentage points from end-2025, while the provision coverage ratio stood at 203.80%. BoCom continued its interim dividend, proposing cash dividends of RMB14.845 billion, with the payout ratio rising to 31% of net profit attributable to shareholders.

In serving the real economy, BoCom's manufacturing loans and private enterprise loans grew 12.89% and 8.74%, respectively, from end-2025, with coordinated progress in technology finance, green finance, inclusive finance, and other key areas.

Postal Savings Bank of China (PSBC) reported net profit attributable to shareholders of RMB51.503 billion, up 4.62% year on year. Operating income rose 7.24% to RMB192.525 billion, with net interest income up 5.82% to RMB147.147 billion and net fee and commission income up 12.2% to RMB18.982 billion. The net interest margin was 1.63%, down 0.07 percentage points from the same period in 2025. As of end-June, PSBC's NPL ratio was 1.00%, up 0.05 percentage points from end-2025. The core tier 1 capital adequacy ratio was 10.04%, down 0.49 percentage points, and the capital adequacy ratio was 14.19%, down 0.33 percentage points. The interim dividend was RMB0.133 per share.

Bank of China (BOC) reported profit attributable to shareholders of RMB123.594 billion, up 5.1% year on year. Operating income rose 8.41% to RMB357.113 billion, with net interest income up 10.2% to RMB236.733 billion. The net interest margin was 1.27%, up 1 basis point from the same period in 2025. Non-interest income rose 5.04% to RMB120.38 billion, while net fee and commission income grew 0.89% to RMB47.209 billion. As of end-June, BOC's NPL ratio was 1.22%, down 0.01 percentage points from end-2025, and the provision coverage ratio was 200.85%, up 0.48 percentage points. The core tier 1 capital adequacy ratio was 12.04%, down 0.49 percentage points, and the capital adequacy ratio was 18.31%, down 0.54 percentage points. The interim dividend was RMB0.119 per share.

Industrial and Commercial Bank of China (ICBC) reported profit of RMB173.682 billion for the first half, up 3.32% year on year. Operating income rose 9.06% to RMB446.163 billion, with net interest income up 8.82% to RMB341.237 billion. The annualized net interest margin was 1.29%, down 1 basis point from the same period in 2025. Non-interest income rose 9.9% to RMB104.926 billion, including net fee and commission income of RMB69.235 billion, up 3.3%. The core tier 1 capital adequacy ratio was 13.21%, down 0.36 percentage points, and the capital adequacy ratio was 18.57%, down 0.19 percentage points. The interim dividend was RMB0.1511 per share.