China Merchants Bank Stock Forecast

Stock Price Forecast

According to 25 analysts polled by S&P Global, China Merchants Bank stock has a consensus rating of "Strong Buy" and an average price target of ¥52.66. The average 1-year stock price forecast is 36.50% higher than the current stock price, while the lowest is ¥43.28 (+12.18%) and the highest is ¥63.00 (+63.30%).

Price Target: ¥52.66 (+36.50%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	¥43.28	¥52.66	¥53.00	¥63.00
Change	+12.18%	+36.50%	+37.38%	+63.30%

Analyst Ratings

The average analyst rating for China Merchants Bank stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	18	17	16	16	15	16
Buy	8	8	8	8	8	8
Hold	0	0	0	0	0	0
Sell	2	2	2	2	1	1
Strong Sell	0	0	0	0	0	0
Total	28	27	26	26	24	25

Financial Forecast

Revenue This Year

347.92B

from 331.80B

4.86%

from 331.80B

Revenue Next Year

367.76B

from 347.92B

5.70%

from 347.92B

EPS This Year

5.92

from 5.69

4.09%

from 5.69

EPS Next Year

6.24

from 5.92

5.43%

from 5.92

Fiscal Year	FY 2025	FY 2026
Period Ending	Dec 31, 2025	Dec 31, 2026
Revenue	331.80B	347.92B
Revenue Growth	-1.69%	4.86%
Gross Profit	6.20B	6.16B
Gross Margin	1.87%	1.77%
Operating Income	213.30B	227.08B
Net Income	150.18B	153.64B
EPS	5.69	5.92
EPS Growth	0.71%	4.09%
Forward PE	-	6.51
No. Analysts	-	20

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CNY.

Revenue Forecast

Revenue	2026	2027	2028
High	354.5B
Avg	347.9B
Low	340.4B

Revenue Growth

Revenue Growth	2026	2027	2028
High	6.9%
Avg	4.9%
Low	2.6%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	5.92
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	4.1%
Low	-