China Merchants Bank released its semi-annual report: H1 revenue was 178.181 billion yuan, a year-on-year increase of 4.83%; net profit attributable to the parent company was 76.445 billion yuan, a year-on-year increase of 2.02%.
China Merchants Bank recently released its semi-annual report for 2026. The report shows that in the first half of the year, the bank's net interest income reached 112.022 billion yuan, a year-on-year increase of 5.60%, mainly benefiting from a decrease in the cost rate of interest-bearing liabilities. Wealth management fee and commission income was 16.192 billion yuan, a year-on-year increase of 26.53%, becoming a highlight. As of the end of the reporting period, the monthly active users (MAU) of China Merchants Bank App and "Zhangshang Shenghuo" App reached 124 million, and the total customer deposits exceeded 10 trillion yuan, reaching 10.16 trillion yuan. The non-performing loan ratio was 0.94%, flat with the end of last year, and asset quality remained stable.
Source:华尔街见闻 · Source Link
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