ICBC (01398) net profit attributable to mother for the first three quarters was 285.64 billion yuan, up 5.83% year-on-year

According to the Zhitong Finance App, ICBC (01398) issued an announcement to achieve net profit of 288.278 billion yuan in the first three quarters of 2026, an increase of 6.03% over the previous year. The annualized average return on total assets was 0.69%, down 0.02 percentage points from the previous year, and the annualized weighted average return on equity was 9.33%, up 0.03 percentage points. Net profit attributable to shareholders of the parent company was 285.640 billion yuan, an increase of 5.83% over the previous year.

Revenue was $667.137 billion, up 9.19% year over year. Net interest income was $519.54 billion, an increase of 9.64%. The annualized net interest yield was 1.29%, up 1 basis point from the previous year. Non-interest income was $148.083 billion, an increase of 7.66%, of which net income from handling fees and commissions was $92.280 billion, an increase of 1.55%. Operating expenses (excluding tax and surcharges) amounted to $167.742 billion, an increase of 3.39%. The cost-to-revenue ratio is 25.14%. Depreciation losses of various types of assets were calculated at 152,071 billion yuan, an increase of 19.65%. Of these, loan impairment losses amounted to 15.922 billion yuan, an increase of 9.78%.

The core Tier 1 capital adequacy ratio is 13.07%, the Tier 1 capital adequacy ratio is 14.27%, and the capital adequacy ratio is 18.50%, all of which meet regulatory requirements.