PSBC 1Q26 Net Profit Up 1.9% YoY to RMB25.73B

AASTOCKS News
2026.04.29 09:38
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PSBCreported a 1.9% YoY increase in net profit for 1Q26, reaching RMB25.73 billion, with operating income up 7.61% YoY to RMB96.162 billion. Basic EPS was RMB0.20. Net interest income rose 7.32% YoY to RMB73.897 billion, while net fee and commission income increased 16.83% YoY to RMB12.04 billion. However, credit impairment losses surged 65.22% YoY to RMB17.707 billion, and the non-performing loan ratio rose to 0.99%. Capital adequacy ratios met regulatory requirements, with core tier-one at 10.18%.