LUZHOU BANK (01983) announced its interim results, with a net profit attributable to shareholders of 1.001 billion yuan, an increase of 10.96% year-on-year.
Luzhou Bank (01983) announced its interim results for the six months ending June 30, 2026. The Group achieved net interest income of 2.439 billion yuan, an increase of 28.57% year-on-year; operating income of 2.804 billion yuan, an increase of 15.74% year-on-year; net profit attributable to shareholders of the Bank of 1.001 billion yuan, an increase of 10.96% year-on-year; and basic earnings per share of 0.35 yuan.
LUZHOU BANK (01983) released its interim results for the six months ending June 30, 2026, reporting a net interest income of 2.439 billion yuan, an increase of 28.57% year-on-year; operating income of 2.804 billion yuan, an increase of 15.74% year-on-year; and a net profit attributable to shareholders of the bank of 1.001 billion yuan, an increase of 10.96% year-on-year; basic earnings per share of 0.35 yuan.
For the six months ending June 30, 2026, the group's net interest income was 2.439 billion yuan, an increase of 542 million yuan from the same period last year, marking a growth of 28.57%, mainly due to the increase in the scale of interest-earning assets and a decrease in the cost rate of interest-bearing liabilities.
As of June 30, 2026, the average balance of the group's interest-earning assets was 184.55 billion yuan, an increase of 28.776 billion yuan from the same period last year, representing a growth of 18.47%, mainly due to the increase in customer loan scale. The net interest yield was 2.64%, an increase of 0.20 percentage points compared to the same period last year, mainly because the growth rate of net interest income exceeded that of the average balance of interest-earning assets; the net interest margin was 2.71%, unchanged from the same period last year, primarily due to the consistent decline in the average yield of interest-earning assets and the average cost rate of interest-bearing liabilities.
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