Hong Kong banks' profit growth accelerated but fee income cooled

Figure 1. Leading banks in Hong Kong ranked by profit before tax (1H2026, six months ended June)

PBT Growth (YoY)

1H 2026: +16.3%

1H 2025: +10.0%

Revenue Growth (YoY)

1H 2026: +6.3%

1H 2025: +6.8%

Net Fee Income Growth

1H 2026: +13.1%

1H 2025: +23.0%

Return on Equity (ROE)

1H 2026: 12.0%

1H 2025: 9.2%

Profit before tax ($, million)

Growth (YoY)

ROE

PBT growth of 30%+ YoY ▲ROE improved YoY

Note: (1) KPI cards show sample medians. (2) Growth in local currency. (3) ROE = Return on Equity; na = not available. (4) HKD 7.83 = USD 1. Source: TABInsights