CICC: BANK OF CHINA 1Q26 Revenue and Profit Growth Continue to Rebound; Maintains TP at HKD6.4

AASTOCKS News
2026.05.04 09:03
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CICC reported that Bank of Chinaexperienced a rebound in revenue and profit growth in 1Q26, with operating income, pre-provision profit, and net profit rising 8.4%, 7%, and 3.9% YoY, respectively. Net interest income increased by 7.8% YoY, driven by stabilizing NIM and asset expansion. CICC maintained its target price for Bank of China H shares at HKD6.4 and A shares at RMB7.3, reiterating an Outperform rating.