China Merchants Bank Co., Ltd. (HKG:3968)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
45.72
+0.74 (1.65%)
Jul 10, 2026, 4:08 PM HKT
Market Cap1.09T -13.3%
Revenue (ttm)339.65B +1.1%
Net Income164.18B +2.1%
EPS6.49 +1.4%
Shares Out n/a
PE Ratio6.64
Forward PE6.22
Dividend2.27 (4.97%)
Ex-Dividend DateJul 2, 2026
Volume10,467,623
Open45.38
Previous Close44.98
Day's Range45.10 - 46.08
52-Week Range43.34 - 53.80
Beta0.54
Analystsn/a
Price Targetn/a
Earnings DateAug 29, 2026

About China Merchants Bank

China Merchants Bank Co., Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. It offers current, demand, time, call, savings, notice, and renminbi accounts. The company also offers loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mor... [Read more]

Sector Financials
Founded 1987
Employees 121,585
Stock Exchange Hong Kong Stock Exchange
Ticker Symbol 3968

Financial Performance

In 2025, China Merchants Bank's revenue was 297.63 billion, an increase of 0.25% compared to the previous year's 296.88 billion. Earnings were 143.87 billion, an increase of 0.75%.

Financial numbers in CNY Financial Statements

News

China Merchants Bank Earnings release: Q1 2026

China Merchants Bank released its Q1 2026 earnings on April 28, 2026, summarizing the period's financial results.

2 months ago - Filings

China Merchants Bank Earnings Call Transcript: Q4 2025

Delivered stable growth in revenue and profit for 2025, maintained industry-leading asset quality, and accelerated digital and AI transformation. Outlook for 2026 remains cautious amid low rates and fee pressure, with a focus on value creation and balanced segment growth.

3 months ago - Transcripts

China Merchants Bank Earnings release: Q4 2025

China Merchants Bank released its Q4 2025 earnings on March 29, 2026, summarizing the period's financial results.

3 months ago - Filings

China Merchants Bank Annual report: Q4 2025

China Merchants Bank has published its Q4 2025 annual report on March 29, 2026.

3 months ago - Filings

China Merchants Bank Earnings Call Transcript: Q3 2025

Net profit and asset quality remained stable amid a challenging environment, with strong growth in wealth management and corporate lending. NIM and fee income face ongoing pressure, but management expects stabilization and continued focus on balanced, high-quality growth.

9 months ago - Transcripts

China Merchants Bank Earnings release: Q3 2025

China Merchants Bank released its Q3 2025 earnings on October 30, 2025, summarizing the period's financial results.

9 months ago - Filings

China Merchants Bank Earnings Call Transcript: Q2 2025

Net profit rose 0.25% year-on-year to RMB 74.9 billion, with total assets up 4.16% and retail AUM exceeding CNY 16 trillion. NIM contracted to 1.88%, but asset quality and capital ratios remain strong. Management expects steady progress in H2, focusing on cost control, digital transformation, and risk management.

11 months ago - Transcripts

China Merchants Bank Quarterly report: Q2 2025

China Merchants Bank has published its Q2 2025 quarterly earnings report on August 31, 2025.

11 months ago - Filings

China Merchants Bank Earnings release: Q2 2025

China Merchants Bank released its Q2 2025 earnings on August 31, 2025, summarizing the period's financial results.

11 months ago - Filings

China Merchants Bank initiated with a Buy at Deutsche Bank

Deutsche Bank initiated coverage of China Merchants Bank (CIHKY) with a Buy rating and HK$58.90 price target The firm sees “three major catalysts” driving share gains for the China banks:…

1 year ago - TheFly

China Merchants Bank Earnings release: Q1 2025

China Merchants Bank released its Q1 2025 earnings on April 27, 2025, summarizing the period's financial results.

1 year ago - Filings

China Merchants Bank Earnings Call Transcript: Q4 2024

Delivered steady profit growth and maintained industry-leading NIM and capital ratios in 2024, with robust retail and wealth management performance. Facing NIM pressure and asset quality challenges, the bank targets stable loan growth and continued digital transformation in 2025.

1 year ago - Transcripts

China Merchants Bank Annual report: Q4 2024

China Merchants Bank has published its Q4 2024 annual report on March 26, 2025.

1 year ago - Filings

China Merchants Bank Earnings release: Q4 2024

China Merchants Bank released its Q4 2024 earnings on March 26, 2025, summarizing the period's financial results.

1 year ago - Filings

China Merchants Bank Slides: Q4 2024

China Merchants Bank has posted slides in relation to its Q4 2024 quarterly earnings report, which was published on March 26, 2025.

1 year ago - Filings

China Merchants Bank upgraded to Buy from Neutral at Goldman Sachs

Goldman Sachs analyst Shuo Yang upgraded China Merchants Bank (CIHHF) to Buy from Neutral with a HK$47.36 price target The firm estimates the comapny will accumulate Rmb154B in surplus capital…

1 year ago - TheFly

China Merchants Bank Earnings Call Transcript: Q3 2024

Net profit and operating income declines narrowed in Q3, with strong capital and asset quality metrics. Retail AUM and customer base grew, while NIM and fee income faced ongoing pressure. Management expects stable operations with gradual improvement as policy support and digital transformation continue.

1 year ago - Transcripts

China Merchants Bank Earnings release: Q3 2024

China Merchants Bank released its Q3 2024 earnings on October 31, 2024, summarizing the period's financial results.

1 year ago - Filings

China Merchants Bank Earnings Call Transcript: Q2 2024

Profitability and asset quality remained resilient despite lower interest spreads and weak credit demand, with retail and wealth management driving growth. NIM and fee income face ongoing pressure, but digital transformation and prudent risk management support stability.

2 years ago - Transcripts

China Merchants Bank Quarterly report: Q2 2024

China Merchants Bank has published its Q2 2024 quarterly earnings report on September 1, 2024.

2 years ago - Filings

China Merchants Bank Earnings release: Q2 2024

China Merchants Bank released its Q2 2024 earnings on September 1, 2024, summarizing the period's financial results.

2 years ago - Filings

China Merchants Bank Slides: Q2 2024

China Merchants Bank has posted slides in relation to its Q2 2024 quarterly earnings report, which was published on September 1, 2024.

2 years ago - Filings

China Merchants Bank Earnings release: Q1 2024

China Merchants Bank released its Q1 2024 earnings on April 29, 2024, summarizing the period's financial results.

2 years ago - Filings

China Merchants Bank Annual report: Q4 2023

China Merchants Bank has published its Q4 2023 annual report on March 26, 2024.

2 years ago - Filings