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EarningsQ2 2026 Earnings Report
LU Q2 2026 EPS Results
Actual EPS-$0.02
Consensus EPS―
Beat/Miss―
One Year Ago EPS-$0.26
LU Q2 2026 Revenue Results
Actual Revenue$1.99B
Expected Revenue―
Beat/Miss―
YoY Revenue Growth―
Earnings Announcement Details
QuarterQ2 2026
Date08/18/2026
TimeAfter Close
Conference CallTuesday, August 18, 2026
LU Upcoming Earnings
Lufax Holding's next earnings date is estimated for November 17, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
LU 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|Neutral
The call highlighted meaningful progress on governance, reporting and internal controls, sequential improvements in asset quality, and strong consumer finance origination and balance growth. However, material headwinds remain: total income fell 15.5% YoY, total outstanding loans declined 13.5% YoY, the company is still loss‑making with elevated credit costs, and regulatory and macro pressures are compressing margins. Progress on compliance and AI‑driven operational improvements and improving funding costs are positive, but the near‑term outlook is challenged by regulatory tightening and weak SME demand.Company Guidance
Restored Financial Reporting and Governance
Completed reaudit of 2022–2023 and audits for 2024–2025; SEC periodical filings brought current and NYSE continued listing compliance regained. Engaged Deloitte Consulting Shanghai for internal control review, implemented remedial measures, established Chief Compliance Officer, and restructured the Board to a majority of Independent Non-executive Directors.
Return to Predictable Reporting Cadence
First investor conference call in almost two years and resumption of normal, predictable reporting cadence, improving transparency with investors and regulators.
New Loan Origination Growth
Total new loan sales in Q2 were RMB 51.1 billion, up 4.6% year‑over‑year and up 4.8% sequentially. Growth was driven by consumer finance new loan sales of RMB 36.9 billion, up 27.6% year‑over‑year.
Consumer Finance Balance Expansion
Consumer finance loan balance grew nearly 20% year‑over‑year, contributing to topline resilience despite softness in SMB lending.
Sequential Improvement in Asset Quality
C‑M3 flow rate improved to 1.0% in Q2 from 1.2% in Q1 (unsecured 1.0% vs 1.2%; secured 0.9% vs 1.0%). DPD 30+ delinquency (ex‑consumer finance) improved to 5.8% from 6.1% sequentially. Consumer finance NPL ratio improved to 1.3% from 1.4% as of March 31, 2026.
Lower Funding Cost
Cost of funding by balance (ex‑consumer finance) declined to 3.8% in Q2, down around 90 basis points year‑over‑year, leveraging banking relationships and the guaranteed funding model.
Strategic Initiatives: AI and Product Differentiation
Launched selective customer strategy and Industry+ product tailored to local industries and regions, rolled out AI‑powered digital twin for sales, recommendation and post‑loan management to improve efficiency and refine lifecycle account management.
LU 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