Bank of Zhengzhou released its 2026 interim report, with first-half net profit attributable to the parent of 1.68 billion yuan, up 3% year on year. Operating revenue was 6.76 billion yuan, up 1.0% year on year; net interest income was 5.53 billion yuan, up 3.3% year on year; non-interest net income was 1.23 billion yuan, down 8.0% year on year. As of the end of the second quarter, total assets were 790.7 billion yuan, up 6.32% from the end of the previous year; the non-performing loan ratio was 1.68%, down 0.03 percentage points from the end of the previous year; the provision coverage ratio was 193.61%, up 7.8 percentage points from the end of the previous year. The company said operations are stable and it continues to strengthen credit allocation and risk management.
Bank of Zhengzhou Co Ltd Class AFirst-half net profit up 3% y/y, NPL ratio down, provision coverage up; stable operations.
