30 Hong Kong-listed Mainland Banks Post Revenue and Profit Growth in First Half of 2026

In the first half of 2026, 30 mainland banks listed in Hong Kong disclosed their half-year results. Revenue rose overall from the same period in 2025, with an average year-on-year growth rate of 5.23%. Only five banks recorded a year-on-year decline in revenue: Tianjin Bank, Bank of Gansu, Bank of Jiujiang, China Everbright Bank and China Bohai Bank. Net profit also rose overall from the same period in 2025, with an average year-on-year growth rate of 4.44%. Only four banks recorded a year-on-year decline in net profit: Tianjin Bank, China Minsheng Bank, Jinshang Bank and China Everbright Bank. In terms of provision coverage, 17 of the 30 banks reported higher figures than in their 2025 annual reports.

Compared with their 2025 annual report data, among the 30 Hong Kong-listed mainland banks, nine recorded a rise in their non-performing loan ratio, seven were unchanged and 14 recorded a decline. The banks whose NPL ratios rose included Guangzhou Rural Commercial Bank and China Everbright Bank, both up 0.17 percentage points; Dongguan Rural Commercial Bank, up 0.14 percentage points; Jinshang Bank and China Bohai Bank, both up 0.10 percentage points; Tianjin Bank, up 0.07 percentage points; Postal Savings Bank of China, up 0.05 percentage points; Bank of Guizhou, up 0.03 percentage points; and Bank of Communications, up 0.02 percentage points. The banks whose ratios were unchanged included China CITIC Bank, Zhongyuan Bank, Luzhou Bank, China Zheshang Bank, Huishang Bank, China Merchants Bank and Harbin Bank.

Tianjin Bank's NPL ratio for the period was 1.75%, up 0.07 percentage points from its 2025 annual report data. Its manufacturing NPL ratio rose 3.63 percentage points from 5.21% in 2025 to 8.84%. Among the Hong Kong-listed mainland banks that disclosed manufacturing NPL ratios, this was 5.56 percentage points higher than the second-ranked Harbin Bank, and Tianjin Bank was the only one of the 30 banks whose manufacturing NPL ratio exceeded 5%.

At the industry level, at the end of the second quarter of 2026, the banking sector's NPL ratio was 1.52%, the share of special-mention loans rose quarter on quarter to 2.21%, the scale of overdue loans increased in tandem, and the NPL ratio of large banks declined steadily.