Bank of China earnings
Bank of China’s next results are expected on October 31, 2026. Watch whether Bank of China sustains earnings momentum without weakening its capital position.
What has Bank of China guided for the year?
The dividend policy is more concrete. Bank of China normally intends to distribute at least 10% of profit after tax attributable to ordinary shareholders, meaning earnings left after expenses and tax that belong to ordinary shareholders. If that profit were RMB100 billion, the policy would imply at least RMB10 billion in dividends, provided its other conditions are met. The proposed first-half payout is 31%, but that is a proposal requiring approval, not a permanent increase in the floor. Retained profit, meanwhile, remains available to strengthen capital for future lending.
The other measurable commitment is a RMB19.5 billion fixed-asset investment budget. Fixed assets include buildings, computer systems and cybersecurity equipment used over several years. The budget gives management capacity to spend; it does not prove that every project will create revenue. Replacing an ageing server may preserve existing service rather than expand the business. The unconfirmed RMB4.3 billion channel-and-equipment allocation therefore leaves an important question: how much creates new capacity, and how much maintains what already exists?
| Period covered | Target in the bank's words | Date given | |
|---|---|---|---|
| cash distribution of the dividend | Ongoing | not be less than 10% of the profit after tax attributable to the ordinary shareholders of the Bank | 28 August 2026 |
| effectively implement macro policies and fully support the real economy | Remainder of 2026 | The Bank will effectively implement macro policies and fully support the real economy. | 28 August 2026 |
| leverage its distinctive strengths | Remainder of 2026 | The Bank will continue to leverage its distinctive strengths and comprehensively enhance its global integrated service capabilities. | 28 August 2026 |
| steadily advance digital and intelligent enablement | Remainder of 2026 | The Bank will steadily advance digital and intelligent enablement and comprehensively improve the efficiency of its development and service delivery. | 28 August 2026 |
| constantly ensure both development and security | Remainder of 2026 | The Bank will constantly ensure both development and security and control and reinforce its foundations for high-quality development. | 28 August 2026 |
| fixed asset investment | 2026 | A total budget of RMB19.5 billion is set for fixed asset investment in 2026. | 5 June 2026 |
How have Bank of China revenue and profit changed?
Second-quarter revenue reached RMB178,291 million, up 8.4% from the same quarter of 2025. Net interest income reached RMB120,590 million, up 12.6%. Profit after tax rose 5.3%, while diluted EPS stayed at RMB0.18.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 178,291 | 178,822 | 167,751 | 162,697 | 164,507 | 164,911 | 153,666 | 161,176 |
| Net interest income | 120,590 | 116,143 | 114,913 | 110,976 | 107,089 | 107,727 | 112,937 | 109,237 |
| Profit after tax | 71,072 | 60,959 | 68,347 | 63,451 | 67,494 | 58,644 | 65,230 | 60,953 |
| EPS, diluted | 0.18 | 0.18 | 0.19 | 0.18 | 0.18 | 0.18 | 0.20 | 0.19 |
| Net interest margin | 1.3% | 1.3% | 1.3% | 1.3% | 1.3% | 1.3% | 1.4% | 1.4% |
| CET1 capital ratio | 12.0% | 12.2% | 12.5% | 12.6% | 12.6% | 11.8% | 12.2% | 12.2% |
What should I watch in Bank of China results?
The next reported earnings date is 31 October 2026, though it remains an estimate pending company confirmation. The release should indicate whether first-half profit growth continued and whether CET1 softened further. Growth with a stable capital buffer would tell a different story from growth achieved by steadily consuming that buffer.
Investors should separate the sources of improvement. Lower deposit costs could widen NIM. Cross-border payments and cash management could add fees. More lending could increase interest income, but it would also require funding and capital and could increase losses. The strongest outcome would be more earnings from existing relationships and infrastructure, not simply a larger balance sheet.