--- title: "Bank ETF Penghua rose over 1.1%, quarterly report exceeded expectations + high dividend low valuation, sector cost-effectiveness highlighted" type: "News" locale: "en" url: "https://longbridge.com/en/news/282801635.md" description: "The bank ETF Penghua rose by more than 1.1%, benefiting from better-than-expected quarterly reports and high dividends with low valuations, demonstrating the sector's cost-effectiveness. Institutional research shows that credit issuance, net interest margin, and bond investment strategies are the focal points of attention. The short-term rise is attributed to capital inflows into undervalued sectors, with expectations that first-quarter performance will exceed expectations, especially for high-quality regional banks. The CSI Bank Index rose by 1.07%, with multiple bank stocks following suit, showing strong overall performance" datetime: "2026-04-15T07:29:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282801635.md) - [en](https://longbridge.com/en/news/282801635.md) - [zh-HK](https://longbridge.com/zh-HK/news/282801635.md) --- # Bank ETF Penghua rose over 1.1%, quarterly report exceeded expectations + high dividend low valuation, sector cost-effectiveness highlighted The banking sector strengthened today. In terms of news, in the first quarter, 631 institutions collectively surveyed 17 listed banks, mainly city commercial banks and rural commercial banks. From the content of the institutional surveys, the focus of attention was on the credit issuance situation during the marketing peak season, the trend of net interest margin, and bond investment strategies. Shenwan Hongyuan Securities pointed out that the short-term rise is mainly due to funds "cutting high and buying low," with the market quickly recovering and low-level sectors catching up. Additionally, coinciding with the April performance window, the first-quarter revenue of listed banks may exceed expectations (especially for quality regional banks), combined with high dividends (dividend yield close to 5%) and low valuations (only 0.6x 26-year PB), highlighting the cost-performance ratio for allocation. Since March 2026, the banking sector has cumulatively risen by 4%, outperforming the CSI 300 by over 5 percentage points, showcasing strong defensive attributes. The potential for revenue in the April first-quarter report window may exceed expectations, combined with a dividend yield close to 5%, making it a key focus. Looking ahead to the year, focus on the differentiation in banking prosperity and explore individual stock alpha from the bottom up. As of April 15, 2026, at 15:00, the CSI Bank Index (399986) rose strongly by 1.07%. Component stocks such as Suzhou Bank rose by 3.98%, Agricultural Bank rose by 2.81%, Ningbo Bank rose by 1.97%, and stocks like China Merchants Bank and Nanjing Bank also followed suit. The banking ETF Penghua (512730) rose by 1.17%, with the latest price reported at 1.64 yuan. The banking ETF Penghua closely tracks the CSI Bank Index, aiming to reflect the overall performance of securities from different industry companies within the CSI All Share Index sample, providing investors with analytical tools. The CSI All Share Index sample is categorized into 11 primary industries, 35 secondary industries, over 90 tertiary industries, and over 200 quaternary industries, with all securities entering each primary, secondary, tertiary, and quaternary industry used as samples to compile the index, forming the CSI All Share Industry Index. Data shows that as of March 31, 2026, the top ten weighted stocks in the CSI Bank Index (399986) are China Merchants Bank, Industrial Bank, Industrial and Commercial Bank of China, Agricultural Bank, Bank of Communications, Jiangsu Bank, Pudong Development Bank, Ping An Bank, Ningbo Bank, and Shanghai Bank, with the top ten weighted stocks accounting for a total of 63.79% ### Related Stocks - [512730.CN](https://longbridge.com/en/quote/512730.CN.md) - [000166.CN](https://longbridge.com/en/quote/000166.CN.md) - [06806.HK](https://longbridge.com/en/quote/06806.HK.md) - [000300.CN](https://longbridge.com/en/quote/000300.CN.md) - [399986.CN](https://longbridge.com/en/quote/399986.CN.md) - [002966.CN](https://longbridge.com/en/quote/002966.CN.md) - [601288.CN](https://longbridge.com/en/quote/601288.CN.md) - [01288.HK](https://longbridge.com/en/quote/01288.HK.md) - [002142.CN](https://longbridge.com/en/quote/002142.CN.md) - [600036.CN](https://longbridge.com/en/quote/600036.CN.md) - [03968.HK](https://longbridge.com/en/quote/03968.HK.md) - [601009.CN](https://longbridge.com/en/quote/601009.CN.md) - [000985.CN](https://longbridge.com/en/quote/000985.CN.md) - [601166.CN](https://longbridge.com/en/quote/601166.CN.md) - [601398.CN](https://longbridge.com/en/quote/601398.CN.md) - [01398.HK](https://longbridge.com/en/quote/01398.HK.md) - [IDCBY.US](https://longbridge.com/en/quote/IDCBY.US.md) - [601328.CN](https://longbridge.com/en/quote/601328.CN.md) - [03328.HK](https://longbridge.com/en/quote/03328.HK.md) - [600919.CN](https://longbridge.com/en/quote/600919.CN.md) - [600000.CN](https://longbridge.com/en/quote/600000.CN.md) - [000001.CN](https://longbridge.com/en/quote/000001.CN.md) - [601229.CN](https://longbridge.com/en/quote/601229.CN.md) - [00218.HK](https://longbridge.com/en/quote/00218.HK.md) ## Related News & Research - [Investeringsforeningen Nykredit Invest Balance suspender handel med udvalgte afdelinger](https://longbridge.com/en/news/286877547.md) - [Morgans Reaffirms Their Buy Rating on Shape Australia Corporation Limited (SHA)](https://longbridge.com/en/news/286714508.md) - [China's Bio-Thera Gets US Nod for Golimumab Biosimilar](https://longbridge.com/en/news/286880573.md) - [3 Knights Dynamics Group Ltd - 3Knights Dynamics Group Limited Announces Us IPO Of 5,000,000 Class A Ordinary Shares - SEC Filing](https://longbridge.com/en/news/286893916.md) - [Hyundai to recall over 54,000 vehicles in US over fire risk, NHTSA says](https://longbridge.com/en/news/287023935.md)