Noah Holdings H1 2026: Net Income Up 9% to RMB356.9M; Camsing Cash Settlement Plan Launched
NOAH is trading near its 52-week low of $8.14 (3.7% above the low).
Summary
Noah Holdings reported H1 2026 net income of RMB356.9M, up 9% YoY, and launched a Cash Settlement Plan for remaining Camsing Incident clients, with 68 of 215 settling so far.
Key Events · Earnings and Guidance · NOAH
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H1 2026 Net Income Up 9%
Net income attributable to shareholders rose 9.0% to RMB356.9M (US$52.6M) on net revenues of RMB1,245.7M, up 0.1% YoY. Income from operations jumped 30.3% to RMB452.2M on an 11.6% cut in operating costs.
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Camsing Cash Settlement Plan Launched
A new ex gratia Cash Settlement Plan was offered to the 215 Remaining Affected Clients. As of the announcement date, 68 had settled (21 during H1, 47 after June 30), leaving 147 unresolved. Contingent liabilities fell to RMB454.5M from RMB505.5M at Dec 31, 2025.
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Share Repurchases Total US$20.4M
The company repurchased 1,816,751 ADSs (9,083,755 shares) on the NYSE during H1 2026 for US$20.4M, with prices ranging from $9.79 to $12.00 per ADS. No treasury shares were held as of June 30, 2026.
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No Interim Dividend Declared
The Board did not recommend an interim dividend for H1 2026. The 2025 final dividend of RMB306.0M and special dividend of RMB306.0M were approved but unpaid as of June 30, 2026, and have since been paid.
Analysis · NOAH · Finance
First-half 2026 results show net income attributable to shareholders of RMB356.9 million, up 9.0% year-over-year, driven by an 11.6% reduction in operating costs and a 30.3% jump in income from operations. The filing also discloses a new ex gratia Cash Settlement Plan for the 215 remaining Camsing Incident affected clients, with 68 having settled as of the announcement date, leaving 147 unresolved. Contingent liabilities related to Camsing fell to RMB454.5 million from RMB505.5 million at year-end 2025. The company repurchased 1.8 million ADSs for US$20.4 million during H1 and declared no interim dividend. The stock trades near its 52-week low of $8.14, and the Camsing overhang remains a key risk.
How filings like this one have moved
In the 30 days to Aug 26, 2026, 29.6% of the 2932 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.01%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, NOAH was trading at $8.44 on NYSE in the Finance sector, with a market capitalization of approximately $638.3M. The 52-week trading range was $8.14 to $12.84. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.