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Changes in Hong Kong stocks | BOCHK (02388) fell more than 4% in the third quarter, profit after tax fell 9.2% month-on-month
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The Zhitong Finance App learned that the stock price of BOCHK (02388) was lower. As of press release, it was down 4.00% to HK$48.48, with a turnover of HK$428 million.

According to the news, BOCHK announced results for the first nine months of 2026. Net operating income before depreciation preparation increased 2.3% year on year to HK$58.647 billion, net interest income increased 12.9% year on year to HK$43.120 billion, and profit after tax increased 9.0% year on year to HK$35.130 billion. The Group paid a third interim dividend of HK$0.29 per share in 2026, the same as the previous year.

In the third quarter, profit after tax fell 9.2% quarterly to HK$10.774 billion. The Group's net operating income before depreciation preparations were reduced by 5.8% quarterly. Net interest income increased by 3.6% quarterly; net interest income after accounting for capital income or costs of foreign exchange swap contracts rose 0.9% quarterly, mainly due to rising interest-bearing assets driven by deposit growth. Net interest spreads narrowed by 3 basis points to 1.52% quarterly, mainly steeper market interest rates and intense deposit competition, putting pressure on capital costs.

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