Agricultural Bank of China Q3 net profit up nearly 11 per cent
Agricultural Bank of China reported a nearly 11 per cent rise in Q3 net profit to 90.16 billion yuan. Net interest income grew, while fee and commission income fell. Non-performing loan ratio eased slightly to 1.23 per cent.
Agricultural Bank of China (AgriBank) posted a net profit of more than 90.16 billion yuan (US$12.6 billion) for the third quarter of 2026, an increase of nearly 11 per cent year on year, according to the lender's latest earnings report released on 30 October.
Net interest income in the third quarter rose nearly 11 per cent to about 160.3 billion yuan. However, net fee and commission income fell more than 15 per cent to over 15.6 billion yuan.
For the first nine months of the year, AgriBank's net profit totalled 236.55 billion yuan, up more than 7 per cent from the same period in 2025. The bank recorded credit impairment losses of 147.33 billion yuan, an increase of nearly 20 billion yuan from a year earlier.
During the January-September period, net interest income rose nearly 11 per cent to more than 472.5 billion yuan, resulting in a net interest margin of 1.28 per cent. Net fee and commission income fell more than 10 per cent to about 62.6 billion yuan.
As of the end of September, AgriBank's non-performing loan (NPL) balance stood at 358.67 billion yuan, an increase of more than 15.2 billion yuan from the end of 2025. The NPL ratio was 1.23 per cent, down 0.04 percentage points from the end of last year.