---
title: "Goldman Sachs: Agricultural Bank of China’s third-quarter net profit exceeds expectations, rating \"Neutral\""
description: "Goldman Sachs released a research report stating that Agricultural Bank of China's pre-provision profit and net profit for the third quarter exceeded the bank's forecast by 5% and 4%, respectively; ne"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/263701706.md"
published_at: "2025-10-31T09:35:02.000Z"
---

# Goldman Sachs: Agricultural Bank of China’s third-quarter net profit exceeds expectations, rating "Neutral"

> Goldman Sachs released a research report stating that Agricultural Bank of China's pre-provision profit and net profit for the third quarter exceeded the bank's forecast by 5% and 4%, respectively; net interest income met expectations; loans increased by 9% year-on-year, with retail loans up 7% and corporate loans up 9%; the common equity tier 1 capital ratio was 11.2%, an increase of 5 basis points quarter-on-quarter, but 11 basis points lower than the forecast. Goldman Sachs assigned a "Neutral" rating to Agricultural Bank of China, with a target price of HKD 4.88 for H shares

According to the Zhitong Finance APP, Goldman Sachs released a research report stating that Agricultural Bank of China (01288) reported a pre-provision profit and net profit for the third quarter that exceeded the bank's forecast by 5% and 4%, respectively; net interest income met expectations; loans increased by 9% year-on-year, with retail loans up 7% and corporate loans up 9%; the common equity tier 1 capital ratio was 11.2%, up 5 basis points quarter-on-quarter, but 11 basis points lower than the forecast. Goldman Sachs assigned a "Neutral" rating to Agricultural Bank of China, with a target price of HKD 4.88 for H-shares

### Related Stocks

- [601288.CN - ABC](https://longbridge.com/en/quote/601288.CN.md)
- [ACGBY.US - Agricultural Bank of China](https://longbridge.com/en/quote/ACGBY.US.md)
- [01288.HK - ABC](https://longbridge.com/en/quote/01288.HK.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
