LU · Lufax Holding Ltd

Lufax Holding Ltd reported its first quarter fiscal 2026 results, with revenue of $13.64 billion, unchanged from the prior year. Net income fell 15% to $2.1 billion, driven by higher credit losses as delinquency rates increased. Diluted EPS declined to $0.35 from $0.41. Management noted stable loan origination volumes but highlighted a challenging credit environment. The company declared a quarterly dividend of $0.10 per share, payable on June 10, 2026, to shareholders of record on May 20, 2026. No forward guidance was provided. The results reflect ongoing pressure from asset quality deterioration, which may weigh on near-term profitability.