Lufax Holding Reports Q3 2026 Financial Results with Increased Net Loss
Lufax Holding Ltd reported its third quarter 2026 financial results, showing a decline in total income to RMB6,180 million (US$922 million), down 4.6% from the same period in 2025. The company experienced a significant widening of its net loss, which rose to RMB1,494 million (US$223 million) compared to a loss of RMB380 million in Q3 2025. Despite the drop in income and increased losses, Lufax saw growth in specific operational segments. New loans enabled grew by 2.5% year-over-year, driven largely by a 25.2% increase in new consumer finance loans. Additionally, the cumulative number of borrowers rose by 23.8% to approximately 35.3 million. The company also reported an improvement in certain delinquency metrics, with DPD 90+ rates for total enabled loans decreasing from 3.7% in Q2 2026 to 3.2%.
Tickers: $LU
Topics: consumer finance financial results loan portfolio net loss