EarningsQ2 2026 Earnings Report
DE:ICKB Q2 2026 EPS Results
Actual EPS€0.64
Consensus EPS€0.64
Beat/MissMissed by -<€0.01
One Year Ago EPS€0.59
DE:ICKB Q2 2026 Revenue Results
Actual Revenue€50.51B
Expected Revenue€28.87B
Beat/MissBeat by +€21.64B
YoY Revenue Growth+5.89%
Earnings Announcement Details
QuarterQ2 2026
Date08/28/2026
TimeBefore Open
Conference CallFriday, August 28, 2026
DE:ICKB Upcoming Earnings
Industrial & Commercial Bank of China's next earnings date is estimated for October 31, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:ICKB Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational momentum across multiple dimensions — top-line growth, improved asset quality metrics, expanded international footprint, significant progress on digital and AI initiatives, and a meaningful lift in shareholder returns. Management acknowledged margin headwinds, retail/inclusive asset-quality pressure and the temporary nature of some repricing benefits, but emphasized proactive risk remediation and diversified fee/international income as offsets. Overall, positives (broad-based revenue growth, solid capital buffers, digital/AI deployment and clear support for tech and international RMB business) outweigh the manageable near-term challenges.Company Guidance
Strong Top-Line and Profit Growth
Operating revenue of CNY 446 billion in H1, up ~9% Y-o-Y (9.1% cited); net profit of CNY 176 billion, up ~4.5% Y-o-Y (4.54%).
Robust Balance Sheet and Capital Position
Total assets of CNY 57 trillion; capital adequacy ratio 18.57%; provision coverage ratio 217.5% (up ~3.8 percentage points); loan provision ratio 2.8% — all signaling solid capital and loss-absorbing capacity.
Growth in Loans, Deposits and Investments
Loans nearly CNY 32 trillion; deposits CNY 39 trillion, up CNY 1.86 trillion (≈5%); investments CNY 18.63 trillion, up CNY 1.73 trillion (≈10.2%).
Enhanced Shareholder Returns — Interim Dividend Raised
Interim cash dividend payout ratio raised to 31%, CNY 1.51 per 10 shares (tax inclusive), totaling ~CNY 53 billion based on H1 average share price; dividend yields ~4.22% (A) and ~5.36% (H).
Improved Asset Quality Metrics
NPL ratio improved to 1.29% (down 2 bps from year-end); corporate loan NPL at 1.2% (down ~9 bps YTD); proactive disposal actions (RMB 1.9 billion earmarked for NPL write-offs) and higher provision coverage.
International Business Momentum and RMB Internationalization
Overseas network in 69 countries; overseas assets reported around USD 500–511 billion (up ~11% Y-o-Y); overseas pretax profit USD 3 billion (up ~15% Y-o-Y); cross-border RMB business volume cited at CNY 5.5 trillion in H1 and broader cross-border RMB handling referred to as CNY 55.5 trillion; clearing volume up 16% Y-o-Y; RMB clearing network extended to 19 African countries.
Digital and AI Transformation Progress
Enterprise AI/digital push: over 600 large-model scenarios deployed; AI agent for personal RMs delivered >22 million service interactions in H1; AI workload equivalent to 30,000 person-years; enterprise-level smart risk-control and data platforms operational.
Recovery and Diversification of Fee and Noninterest Income
Noninterest income RMB 104.9 billion (up ~9.9% Y-o-Y); fee & commission income RMB 69.2 billion (up ~3.3%); other noninterest income RMB 35.7 billion (up ~25.3%); wealth management, custody (CNY 33.7 trillion scale, #1 industry ranking), pension and agency businesses showed strong growth (e.g., corporate WM +24%, personal WM +15%, pension-related income +38%).
Support for Tech Finance and Real Economy
Loans to tech companies ~RMB 3 trillion; loans to core digital industries RMB 1.26 trillion (up ~20%); tech finance leasing disbursements surged >150% Y-o-Y; manufacturing loans balance >CNY 5.8 trillion, leading peers; targeted products and ecosystem platforms to support hard-tech and start-ups.
DE:ICKB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed