BOC HONG KONG 1Q26 Pre-Provision Operating Profit Down 0.7% YoY to HKD20.007B, Near Upper End of Forecast; Declares First Interim DPS HKD0.29
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BOC Hong Kongreported a 0.7% YoY decline in pre-provision operating profit to HKD20.007 billion for 1Q26, aligning with forecasts. The bank declared a first interim dividend of HKD0.29 per share. Net interest income rose 0.8% YoY to HKD14.934 billion, while net fee and commission income fell 13.2% YoY to HKD2.994 billion. Profit after tax increased 7% YoY to HKD12.493 billion. Net impairment allowances decreased to HKD790 million, reflecting a lower comparison base from the previous year.
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