Bank of Guiyang disclosed its 2026 semi-annual report. In the first half, it achieved operating revenue of 7.207 billion yuan, up 10.87% year on year, but net profit attributable to shareholders of the bank was 2.36 billion yuan, down 4.61% year on year. The decline in net profit was mainly due to increased impairment provisions for some risk assets. Credit impairment losses in the first half were 2.583 billion yuan, an increase of 562 million yuan year on year. Net interest margin was 1.67%, up 0.14 percentage points year on year; net interest spread was 1.72%, up 0.17 percentage points year on year. As of the end of June, the non-performing loan ratio was 1.78%, up 0.19 percentage points from the beginning of the year; the provision coverage ratio was 229.57%, down 6.05 percentage points from the beginning of the year. The bank will not distribute profits or convert capital reserve into share capital for the 2026 interim period.
Bank of Guiyang Co LtdNet profit down 4.61% due to higher impairment provisions, with NPL ratio up and provision coverage down.
