Bank of Communications Posts 74,262 Million Yuan in Attributable Profit in 9 Months
Key Facts
Bank of Communications’ net profit attributable to shareholders of the parent company was 74,262 million yuan in the nine months ended September 2026, compared with 69,994 million yuan in the same period, according to figures reported by RTTNews. Revenue rose to 169.570 billion yuan from 158.046 billion yuan. Basic earnings per share, however, fell to 0.79 yuan from 0.80 yuan a year earlier. RTTNews quoted the bank as saying profit was “74.262 billion yuan, or 0.79 yuan per share,” compared with “69.994 billion yuan, or 0.80 yuan per share.” The nine-month performance thus combined growth in revenue and profit attributable to shareholders with a slight decline in earnings per share.
The results came as China’s five largest banks posted their fastest quarterly profit growth in years, according to a Reuters report, which said growth at each was the fastest since 2021 or 2022. The report linked some of the improvement to the repricing of higher-cost deposits that began early in the year. Reuters said the impact of that move is fading in the second half, while monetary easing and mortgage interest subsidies could lower funding costs and support margins. At Bank of Communications, net interest margin edged higher in the third quarter but stood at 1.29%, Reuters reported. The report said Agricultural Bank of China’s margin was 1.23% in the same period, putting Bank of Communications’ margin slightly higher.
On asset quality, Bank of Communications’ non-performing loan ratio edged down to 1.29% at the end of September, Reuters reported. The report also noted that banks increased impairment charges as revenue recovered, aiming to rebuild loan-loss provisions. In trading activity, Bank of Communications’ net gains rose 22.7% year on year in the first nine months of the year. The bank attributed much of the increase to fair-value gains following CXMT Technology’s initial public offering in July, according to Reuters. A Moody’s analyst, meanwhile, warned that loan-asset risks in the technology and innovation sectors are gradually emerging because companies in those sectors have yet to experience a full business cycle.
Bank of Communications shares, trading under the ticker BCMXY, closed at 24.64 on October 29, 2026, after closing at 25.40 on both October 27 and 28, according to EL7 data. The data did not specify the price unit. The share movement in the days before the results were published provides market context, without establishing that the disclosure caused the price change. Margin and loan-quality indicators remain part of the backdrop that coincided with revenue and profit growth over the nine months. Moody’s warning also pointed to the link between assessing loan risks in emerging sectors and companies’ ability to navigate a full business cycle.