macro

Bank of Chengdu: growth held up, but sharply higher credit impairment charges cut into profit

Bank of Chengdu grew nine-month revenue 9.84% and net profit 4.48%, while credit impairment losses rose 82.52%, according to TradingView.

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what happened

According to TradingView, Bank of Chengdu's nine-month revenue rose 9.84% year on year and its net profit rose 4.48%. Over the same period, the bank's assets, deposits and loans continued to expand.

Credit impairment losses, however, climbed 82.52%. The non-performing loan ratio held at 0.68%, while provision coverage increased to 448.06%.

why it matters

For investors in the banking sector, the key figure here is loan-loss provisioning: higher charges limit profit even when the business is expanding. A low share of problem loans and strong reserve coverage point to a cushion, but these figures cover only nine months.

tags

instruments

Bank of Chengdu

sources

  1. Bank of Chengdu: Growth continued, but sharply higher credit impairment charges tempered profit gains — TradingView, 28 October 2026 at 10:07 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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