Hangzhou Bank: In the first quarter, net profit attributable to shareholders of the company was 6.63B yuan, a year-on-year increase of 10.09%.

On April 22, Hangzhou Bank released its first-quarter report for 2026.
In January-March 2026, the bank achieved operating income of 10.41B yuan, a 4.29% increase compared to the same period last year;
net profit attributable to shareholders of the company was 6.63B yuan, a 10.09% increase compared to the same period last year;
the weighted average return on net assets was 4.69% (not annualized);
basic earnings per share were 0.88 yuan/share (not annualized).

As of the end of the first quarter of 2026, Hangzhou Bank’s total assets were 2,435.673 trillion yuan, a 3.08% increase from the end of the previous year;
total loans were 1.153068 trillion yuan, a 7.57% increase from the end of the previous year;
total liabilities were 2.265645 trillion yuan, a 3.00% increase from the end of the previous year;
total deposits were 1.519751 trillion yuan, a 5.50% increase from the end of the previous year.

In terms of asset quality, as of the end of the first quarter of 2026, Hangzhou Bank’s non-performing loan ratio was 0.76%, unchanged from the end of the previous year;
the ratio of overdue loans to non-performing loans was 69.46%;
the ratio of overdue loans over 90 days to non-performing loans was 44.39%;
the coverage ratio of loan loss provisions was 481.39%.

(Hangzhou Bank)

(Editor: Qian Xiaorui)

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