Lanzhou Bank's net profit attributable to shareholders in the first half of the year fell by 8.95% year-on-year to 866 million yuan, as the difficulty in reducing liability costs outweighed the pressure on asset returns.
Lanzhou Bank's 2026 interim report shows that the company achieved operating revenue of 4.179 billion yuan in the first half of the year, a year-on-year increase of 6.60%. However, net profit attributable to the parent company declined due to falling yields on interest-earning assets and fluctuations in non-recurring gains and losses. During the reporting period, the bank's outstanding balance of personal consumer loans decreased by 24.51% from the beginning of the year to 14.716 billion yuan, and the growth of its total asset scale largely stalled. Concurrently, credit impairment losses increased by 20.07% year-on-year to 2.145 billion yuan, and the provision coverage ratio declined, indicating that asset quality continues to face defensive pressure.
Source:华尔街见闻 · Source Link
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