Postal Savings Bank 2026 Interim: Assets RMB19.82 Trillion, Net Profit Up 4.57%
Postal Savings Bank of China reported 2026 interim net profit of RMB51.671 billion, up 4.57% year on year, with total assets of RMB19.82 trillion. Revenue rose 7.26% to RMB192.482 billion. The bank improved its cost-to-income ratio and raised its interim dividend payout to 31%. Credit and deposit growth remained steady, while non-interest income expanded across wealth management, investment banking, and transaction banking.
On August 28, Postal Savings Bank of China (PSBC) released its 2026 interim report. As of end-June, total assets stood at RMB19.82 trillion, up 6.07% from end-2025; total liabilities were RMB18.62 trillion, up 6.26%; customer loans totaled RMB10.27 trillion, up 6.41%; and customer deposits reached RMB17.44 trillion, up 5.42%. The loan-to-deposit ratio improved by 0.54 percentage points from end-2025.
In the first half, the bank recorded operating revenue of RMB192.482 billion, up 7.26% year on year; net profit of RMB51.671 billion, up 4.57%; net interest income of RMB147.147 billion, up 5.82%; and a net interest margin of 1.63%. Non-interest income’s share of operating revenue rose by 1.04 percentage points. In The Banker’s 2026 Top 1000 World Banks ranking, PSBC moved up two places to enter the top ten by tier-1 capital for the first time.
Loan disbursements in the first half increased by RMB618.633 billion, while customer deposits grew by RMB896.971 billion. In the first quarter of 2026, PSBC proactively adjusted its savings agency fee rates. The cost-to-income ratio for the first half was 52.02%, down 2.68 percentage points year on year. On risk control, the bank approved 11,186 customers under its “Looking to the Future” scheme, with approved amounts of RMB2.66 trillion, up 10.61% year on year.
For dividends, the bank distributed a total of RMB26.217 billion (pre-tax) for fiscal 2025. For the 2026 interim, PSBC plans to raise the payout ratio further to 31%.
Non-interest income: net fee and commission income rose 12.20% year on year, and other non-interest net income grew 12.28%. In wealth management, personal wealth management customers increased 23.57% from end-2025, with managed personal client assets of RMB19.18 trillion and 7.4762 million Fujia-and-above customers, up 10.59%. Payment and settlement services processed electronic payment transactions of RMB3.55 trillion. Investment banking fee and commission income grew 16.41%, with bond underwriting and distribution scale up 24.70%. Transaction banking saw corporate foreign-exchange derivatives trading volume surge 316.09%. In financial markets, bill trading non-interest income reached RMB1.697 billion, up 35.98%, and custody assets exceeded RMB6.5 trillion, with fee and commission income up over 10%.
In the interim report, PSBC stated that 2026 marks the first year of the 15th Five-Year Plan. The bank is anchoring its “six modernizations” upgrade direction, fighting “six key battles,” and advancing “five major actions and seven reforms. ” The “Service Strong Counties and Towns Action,” “Urban Business Attack Action,” “Branch Efficiency Leap Action,” “Corporate Business Enhancement Action,” and “Mobile Banking Comprehensive Breakthrough Action” are progressing steadily. Total corporate client financing reached RMB7.94 trillion, an increase of RMB1.15 trillion, or 16.99%, from end-2025.