CHINA CITIC BANK (998) investor relations material

Executive summary

• Net profit attributable to shareholders reached RMB37.60 billion for H1 2026, up 3.08% year-over-year; operating income was RMB110.41 billion, up 4.32% year-over-year.

• Total assets grew to RMB10.38 trillion, a 2.50% increase from year-end 2025; total loans and advances to customers rose 2.50% to RMB6.01 trillion.

• Asset quality remained stable with an NPL ratio of 1.15% and allowance coverage ratio at 203.12%.

• Interim cash dividend of RMB2.03 per 10 shares proposed, totaling RMB11.30 billion, representing 30.04% payout of H1 net profit, pending shareholder approval.

Financial highlights

• Net interest income was RMB73.15 billion, up 2.74% year-over-year; net non-interest income rose 7.59% to RMB37.26 billion.

• Cost-to-income ratio improved to 26.44%, down 0.89 percentage points year-over-year.

• Credit impairment losses increased 13.11% to RMB33.46 billion.

• Effective tax rate decreased to 18.56%.

• Basic and diluted EPS were both RMB0.63.

Outlook and guidance

• The bank expects continued economic growth, with new drivers contributing over 40% to GDP and policy measures supporting stability.

• Focus remains on stabilizing net interest margin and asset quality, expanding customer base, and growing fee-based income.

• Strategic priorities include enhancing financial services to the real economy, supporting key national strategies, and accelerating digital transformation.