Bank of Chongqing Posts Double-Digit Profit Growth in Q1 2026 on Expanding Balance Sheet
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Bank of Chongqing Co., Ltd. reported a 11.22% increase in net profit to RMB 1.90 billion for Q1 2026, driven by a 14.59% rise in operating income. Total assets grew by 7.2% to RMB 1.11 trillion, with customer deposits up 8.7%. Despite a slight dip in annualized return on average total assets and operating cash flow, the bank's governance remains stable, reflecting management's confidence in its financial position. The report was unanimously approved by the board, indicating strong profitability and balance sheet expansion.
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