Ruifeng Bank H1 Revenue RMB2.214 billion Down 1.96%, Net Profit RMB898m Up 0.94%, Proposes RMB1 Dividend per
Ruifeng Bank's H1 2026 revenue fell 1.96% year-on-year to RMB2.214 billion, while net profit attributable to shareholders rose 0.94% to RMB898 million. Net interest income grew 12.04% to RMB1.757 billion, but a 47.06% drop in investment income cut non-interest income by 33.77%. Deposits increased 6.19% to RMB189.125 billion and loans rose 3.97% to RMB146.818 billion. The NPL ratio stood at 1.09%, up 0.10 percentage point from the start of the year; the provision coverage ratio was 308.70%. The bank proposed a dividend of RMB1 per 10 shares, pending approval.
Ruifeng Bank disclosed its semi-annual report on 24 August 2026. In the first half, it achieved operating revenue of RMB2.214 billion, down 1.96% year-on-year; net profit attributable to shareholders of the bank was RMB898 million, up 0.94%. In terms of income structure, net interest income was RMB1.757 billion, up 12.04% year-on-year; net fee and commission income was RMB68 million, up 25.08%. Investment income was RMB326 million, down 47.06% year-on-year, leading to a 33.77% year-on-year decline in non-interest net income, which dragged overall revenue slightly lower.
As of the end of June, Ruifeng Bank's total deposits stood at RMB189.125 billion, up 6.19% from the start of the year. The deposit cost rate was 1.50%, down 44 basis points year-on-year; the net interest margin was 1.49%, up 0.03 percentage points year-on-year. Total assets were RMB255.643 billion, up 5.86% from the start of the year; total loans were RMB146.818 billion, up 3.97%. Corporate loan balances increased 10.60% year-on-year, personal loans grew 2.09%, and the scale of bill discounting business contracted significantly.
In terms of asset quality, as of the end of June, Ruifeng Bank's non-performing loan ratio was 1.09%, up 0.10 percentage points from the start of the year. The provision coverage ratio was 308.70%, and the loan provision ratio was 3.37%. Regarding capital adequacy, the core tier 1 capital adequacy ratio was 12.58%, the tier 1 capital adequacy ratio was 12.59%, and the capital adequacy ratio was 13.78%, all meeting regulatory requirements.
The dividend proposal is pending subsequent review.