---
title: "Bank of Qingdao Co., Ltd. (002948.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002948.SZ.md"
symbol: "002948.SZ"
name: "Bank of Qingdao Co., Ltd."
industry: "Regional Banks"
datetime: "2026-05-20T12:44:18.476Z"
locales:
  - [en](https://longbridge.com/en/quote/002948.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002948.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002948.SZ.md)
---

# Bank of Qingdao Co., Ltd. (002948.SZ)

## Company Overview

Bank of Qingdao Co., Ltd. provides personal and corporate banking, and financial market services in the People’s Republic of China. It operates through Corporate Banking, Retail Banking, and Financial Market Business segments. The company offers deposit and savings products; personal loans, corporate loans, Youth Easy loans; professional card services, investment and wealth management, and credit card lines; foreign exchange deposit and withdrawal services; foreign exchange settlement and sale, and foreign exchange outward and inward remittance; and agency services.

| Item | Detail |
|------|--------|
| Industry | Regional Banks |
| Exchange | CN Market |
| Website | [www.qdccb.com](https://www.qdccb.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: B
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-20T04:30:09.000Z

**Overall: B (0.37)**

**Industry**: Regional Banks

| Metric | Value |
|--------|-------|
| Industry Ranking | 3 / 23 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

**Multi Score**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 15.96% |  |
| Net Profit YoY | 24.06% |  |
| P/B Ratio | 0.77 |  |
| Dividend Ratio | 2.83% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 33001804003.09 |  |
| Revenue | 11584519863.41 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 10.89% | B |
| Profit Margin | 47.16% | A |
| Gross Margin | 0.00% | E |
| Revenue YoY | 15.96% | B |
| Net Profit YoY | 24.06% | B |
| Total Assets YoY | 16.97% | B |
| Net Assets YoY | 13.41% | B |
| Cash Flow Margin | 237.44% | A |
| OCF YoY | 15.96% | B |
| Turnover | 0.00 | E |
| Gearing Ratio | 0.00% | A |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Bank of Qingdao Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "15.96%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "24.06%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "0.77",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "2.83%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "33001804003.09",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "11584519863.41",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "10.89%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "47.16%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "0.00%",
          "rating": "E"
        },
        {
          "name": "Revenue YoY",
          "value": "15.96%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "24.06%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "16.97%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "13.41%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "237.44%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "15.96%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.00",
          "rating": "E"
        },
        {
          "name": "Gearing Ratio",
          "value": "0.00%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 6.02 | 13/23 | 6.57 | 6.28 | 5.85 |
| PB | 0.77 | 19/23 | 0.78 | 0.75 | 0.70 |
| PS (TTM) | 2.21 | 8/23 | 2.19 | 2.10 | 1.98 |
| Dividend Yield | 2.84% | 19/23 | 3.36% | 3.16% | 3.03% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Bank Of Jiangsu (600919.SH) | B | B | E | A | A | B |
| 02 | QLB (601665.SH) | B | A | E | A | B | B |
| 03 | Bank of Qingdao (002948.SZ) | B | B | E | A | B | B |
| 04 | Bank of Ningbo (002142.SZ) | B | C | E | A | B | C |
| 05 | BANK OF NANJING (601009.SH) | B | C | E | A | B | C |

## Institutional View

### Analyst Rating Distribution

> As of 2026-04-29T16:00:00.000Z

Total Analysts: **4**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 1 | 25% |
| Overweight | 3 | 75% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 5.64 |
| Highest Target | 6.50 |
| Lowest Target | 6.50 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/002948.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/002948.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/002948.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/002948.SZ/filings.md)

---

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