Bank of Luzhou (01983) announced interim results. Net profit to mother of 1,001 billion yuan increased 10.96% year over year

According to Zhitong Finance App, Bank of Luzhou (01983) announced interim results for the six months ended June 30, 2026. The group obtained net interest income of 2,439 billion yuan, up 28.57% year on year; operating income of 2,804 billion yuan, up 15.74% year on year; net profit attributable to shareholders of the Bank of 1,001 billion yuan, up 10.96% year on year; basic income per share of 0.35 yuan.

For the six months ended June 30, 2026, the Group's net interest income was $2,439 million, an increase of $542 million over the same period last year, or 28.57%, mainly due to an increase in the size of interest-bearing assets and a decrease in the cost ratio of interest-bearing liabilities.

As of June 30, 2026, the Group's average balance of interest-bearing assets was $184.550 billion, an increase of 28.776 billion yuan over the same period last year, an increase of 18.47%, mainly due to the increase in the size of customer loans. The net interest yield was 2.64%, up 0.20 percentage points from the same period last year, mainly due to the increase in net interest income higher than the average balance of interest-bearing assets; the net spread was 2.71%, the same as the same period last year, mainly due to the decrease in the average return on interest-bearing assets consistent with the decrease in the average cost ratio of interest-bearing liabilities.