CHINA CITIC BANK (998) Q1 2026 earnings summary

Executive summary

• Achieved steady business growth in Q1 2026, with total assets up 1.09% and net profit attributable to equity holders rising 3.02% year-over-year.

• Operating income increased by 5.57% year-over-year, driven by both net interest and non-interest income.

• Maintained robust support for the real economy, technology, green, inclusive, pension, and digital finance sectors.

Financial highlights

• Total assets reached RMB10,241.2 billion, up 1.09% from year-end 2025; total loans and advances to customers rose 2.34% to RMB5,999.5 billion.

• Net profit attributable to equity holders was RMB20.098 billion, up 3.02% year-over-year; operating income was RMB54.661 billion, up 5.57%.

• Net interest income grew 1.66% year-over-year to RMB36.270 billion; net non-interest income rose 14.24% to RMB18.391 billion.

• Net cash flows from operating activities surged 395.31% year-over-year to RMB188.185 billion, mainly due to increased interbank cash inflows.

Outlook and guidance

• Continued focus on supporting key sectors of the real economy, technology, green, and inclusive finance.

• Ongoing digital transformation and risk management enhancements to drive sustainable growth.