Postal Savings Bank of China Announces Interim Cash Dividend for First Half of 2026
Key Facts
The proposed distribution amounts to 31% of net profit for the period, according to the bank’s data. The distribution notice had not announced when shareholders would approve it. Results published for the period ended in June showed growth in operating revenue and net profit. This places the proposal in the context of improving financial performance, while the distribution remains subject to the completion of the announced approvals and procedures.
Operating revenue reached 192,482 million yuan, or 1924.82 billion yuan, up 7.26% year on year in the first half of 2026. Net profit reached 51,671 million yuan, or 516.71 billion yuan, up 4.57% from the same period. Revenue growth therefore outpaced profit growth during the period. Net interest income also rose 5.82% year on year, while the net interest margin was 1.63%. Commission and fee income grew 12.20%, while other non-interest income increased 12.28%, according to China Post Group.
The cost-to-income ratio was 52.02% in the first half, down 2.68 percentage points from a year earlier, according to China Post Group data. This improvement coincided with assets rising to 19.82 trillion yuan at the end of June, up 6.07% from the end of 2025. Liabilities also increased to 18.62 trillion yuan, up 6.26% from the end of the previous year. The figures reflect balance-sheet expansion during the first six months. These indicators provide context for assessing the bank’s ability to propose a cash distribution from the period’s earnings.
By contrast, credit impairment losses rose to 36,029 million yuan in the first half of 2026, compared with 21,715 million yuan in the same period of 2025. The bank’s data show that the non-performing loan ratio held steady at 1.00%. This places profit growth and the proposed distribution alongside higher credit costs during the period. The disclosure continued to describe the distribution as a proposal by the board of directors. The date for shareholder approval remains unspecified in the distribution notice.
Under the proposed distribution plan, the record date falls in December 2026, with payment scheduled for January 2027. The schedule gives shareholders an indication of the expected window for entitlement to and payment of the distribution. However, both dates are part of a proposed plan, while the distribution notice has not specified a date for shareholder approval. The disclosure came as China’s producer price index rose 5.7% year on year in October 2026. The annual increase widened by 0.7 percentage points from the previous month, according to China’s National Bureau of Statistics.