Shanghai Pudong Development Bank Q3 Net Income Rises to CNY 9,621 Million From CNY 9,082 Million

Shanghai Pudong Development Bank Co., Ltd. Reported third-quarter net income of CNY 9,621 million, up from CNY 9,082 million a year earlier, for the period ended September 30, 2026. MarketScreener published the results. The bank is a Chinese commercial lender that specializes in commercial loans and public deposits, and it markets its products and services through a network of 1,640 branches located in China.

Shanghai Pudong Development Bank's Quarterly Earnings Detail

For the third quarter, basic earnings per share from continuing operations was CNY 0.28 compared with CNY 0.3 a year ago, and diluted earnings per share from continuing operations was CNY 0.28 compared with CNY 0.28. For the nine months ended September 30, 2026, net income was CNY 40,572 million compared with CNY 38,819 million a year ago. Nine-month basic earnings per share from continuing operations was CNY 1.17 compared with CNY 1.28 a year ago, and diluted earnings per share from continuing operations was CNY 1.17 compared with CNY 1.18. At the end of 2020, the bank managed CNY 4,122.4 billion of current deposits and CNY 4,430.2 billion of current credits.

Bond Listing and Lending Moves Before the Results

In July 2026, Shanghai Pudong Development Bank filed for a listing of 3 billion yuan in bonds on the Singapore exchange, MarketScreener reported. That month, Moody's Investors Service assigned a Baa2 rating to senior unsecured notes to be issued by the bank's Hong Kong Branch under a USD5 billion medium-term note program, AInvest reported. Also in July 2026, the Linchuan Branch of Shanghai Pudong Development Bank, in partnership with other financial institutions, issued a syndicated loan of 550 million yuan for a magnesium-based new materials industrial park in Fuzhou City, SMM reported.

Punjab National Bank and Tamilnad Mercantile Bank Results

Punjab National Bank reported a 13% year-on-year rise in standalone net profit for Q2 FY27 to Rs 5,532.23 crore, with total income up 5.4% to Rs 38,185.41 crore, Business Today reported. Tamilnad Mercantile Bank reported a 42% increase in net profit to ₹451 crore for the September quarter of FY27, BusinessLine reported. Fitch Ratings upgraded the viability ratings of China's Big Six state-owned banks on October 28, 2026, Caixin Global reported.