Bank of Communications released its 2026 half-year results. In the first half, net profit attributable to the parent reached 47.874 billion yuan, up 4.04% year on year, while operating revenue was 142.343 billion yuan, up 6.73% year on year, with both growth rates improving from the first quarter. Net interest margin was 1.23%, up 2 basis points year on year, and net interest income was 92.592 billion yuan, up 8.62% year on year. The contribution of subsidiaries and overseas branches to the group's net profit attributable to the parent rose by 3.67 percentage points from the previous year. In addition, Bank of Communications plans an interim dividend of 14.845 billion yuan in cash, raising the payout ratio to 31% of net profit attributable to the parent.
Bank of Communications CoNet profit up 4.04% and operating revenue up 6.73%, with improved growth rates and higher dividend payout.
