China’s commercial lenders have enjoyed a strong performance in the first quarter of 2018, posting an acceleration in net profit growth after faltering slightly amidst heightened regulatory scrutiny.
The latest round of financial reports indicates that the 26-A share Chinese banks posted net profits attributable to parent company of 406.525 billion yuan in the first quarter of 2018, for year-on-year growth of 5.6%, and a growth acceleration of 2 percentage points compared to the same quarter last year.
| Bank name | YoY growth in Q1 2018 net profits attributable to parent company (%) | YoY acceleration in Q1 2018 earnings (%) | Net profits attributable to parent company in Q1 2018 (billion yuan) |
| SPD Bank | -1.09 | -7.72 | 14.305 |
| Huaxia Bank | 1.11 | -2.61 | 4.549 |
| Bank of Communications | 3.97 | -10.59 | 20.091 |
| ICBC | 3.98 | 4.05 | 78.802 |
| Jiangsu Jiangyin | 4.74 | 12.95 | 0.183 |
| Industrial Bank Co. | 4.94 | 2.15 | 17.655 |
| Bank of China | 5.04 | -2.54 | 49.001 |
| China Minsheng | 5.23 | 1.36 | 14.942 |
| Agricultural Bank of China | 5.43 | 5.04 | 58.736 |
| China Construction Bank | 5.43 | 7.27 | 73.815 |
| China Everbright | 5.50 | 7.13 | 9.051 |
| Pingan Bank | 6.13 | 1.08 | 6.595 |
| Bank of Beijing | 6.24 | 0.81 | 5.785 |
| China CITIC Bank | 6.82 | 4.91 | 12.166 |
| Bank of Jiangsu | 10.32 | 0.54 | 3.297 |
| Wuxi Rural Commercial Bank | 12.01 | 14.26 | 0.267 |
| Jiangsu Zhangjiagang Rural Commercial | 12.12 | 5.2 | 0.228 |
| China Merchants Bank | 13.50 | 7.2 | 22.674 |
| Bank of Shanghai | 13.52 | 11.86 | 4.398 |
| Bank of Wujiang | 14.63 | 12.25 | 0.195 |
| Bank of Hangzhou | 16.17 | 28.41 | 1.522 |
| Bank of Changshu | 16.76 | 12.50 | 0.369 |
| Bank of Nanjing | 17.61 | 7.53 | 2.886 |
| Bank of Ningbo | 19.61 | 2.30 | 2.822 |
| Bank of Guiyang | 19.95 | 11.72 | 1.16 |
| Bank of Chengdu | 20.45 | 23.59 | 1.032 |
The commercial lenders also saw modest growth in their non-performing loan ratios for the first quarter of 2018.
| Bank name | Non-profit loan ratio for Q1 2018 (%) | Non-profit loan balance for Q1 2018 (billion yuan) |
| Jiangsu Jiangyin | 2.37 | 1.368 |
| SPD Bank | 2.13 | 69.196 |
| Jiangsu Zhangjiagang Rural Commercial | 1.77 | / |
| Huaxia Bank | 1.76 | 26.212 |
| China Minsheng | 1.71 | 49.647 |
| China CITIC Bank | 1.70 | 56.008 |
| Bank of Chengdu | 1.68 | 3.589 |
| Pingan Bank | 1.68 | 29.788 |
| Agricultural Bank of China | 1.68 | 186.952 |
| China Everbright | 1.59 | 33.755 |
| Industrial Bank Co. | 1.58 | 40.261 |
| Bank of Hangzhou | 1.57 | 4.671 |
| Bank of Wujiang | 1.54 | 0.79 |
| ICBC | 1.54 | 225.023 |
| Bank of Guiyang | 1.51 | 1.999 |
| Bank of Communications | 1.50 | / |
| China Construction Bank | 1.49 | 196.350 |
| China Merchants Bank | 1.48 | 54.958 |
| Bank of China | 1.43 | 159.647 |
| Bank of Jiangsu | 1.41 | 11.036 |
| Wuxi Rural Commercial Bank | 1.35 | 0.933 |
| Bank of Beijing | 1.23 | / |
| Bank of Shanghai | 1.10 | 7.910 |
| Bank of Changshu | 1.08 | 0.877 |
| Bank of Nanjing | 0.86 | 3.502 |
| Bank of Ningbo | 0.81 | 2.919 |
