Regional Banks

Bank of Ningbo

Bank of Ningbo released FY2026 Q1 earnings on April 24 Pre-Market (BJT), actual revenue CNY 14.38 B (forecast CNY 20.96 B), actual EPS CNY 1.24 (forecast CNY 1.28)

Bank of Ningbo to Release FY2026 Q1 Earnings on April 25 Pre-Market (BJT), Forecast Revenue CNY 20.96 B, EPS CNY 1.28

Bank of Ningbo to Release FY2025 Annual Earnings on April 10, 2026 (BJT), Forecast Revenue CNY 72.14 B, EPS CNY 4.3642

Bank of Ningbo released FY2025 Q4 earnings on January 20 (BJT), actual revenue CNY 29.79 B (forecast CNY 17.98 B), actual EPS CNY 0.95 (forecast CNY 1.1)

Bank of Ningbo released FY2025 earnings on January 20 (BJT), actual revenue CNY 56.69 B (forecast CNY 72.14 B), actual EPS CNY 4.2869 (forecast CNY 4.3642)

Sinornovate Biopharm-B and its wholly-owned subsidiary purchase structured deposit product from Ningbo Bank

Bank of Ningbo released FY2025 Q3 earnings on October 27 During-Market (BJT), actual revenue CNY 14.37 B (forecast CNY 17.73 B), actual EPS CNY 1.11 (forecast CNY 1.16)

Bank of Ningbo released FY2025 9 Months Earnings on October 27 During-Market (BJT), Actual Revenue CNY 42.17 B, Actual EPS CNY 3.3468

Bank of Ningbo to Release FY2025 Q3 Earnings on October 28 During-Market (BJT), Forecast Revenue CNY 16.95 B, EPS CNY 1.12

Bank of Ningbo to Release FY2025 Semi-Annual Earnings on August 29, 2025 (BJT)

Ningbo Bank Exceeds Expectations in First Half of 2025 Earnings

Ningbo Banking Industry Signs Self-discipline Convention for Personal Housing Loans

Ningbo Bank Shares Up with Multiple Buy Ratings

Bank of Ningbo released FY2025 Q2 earnings on July 24 After-Market (BJT), actual revenue CNY 14.25 B (forecast CNY 17.86 B), actual EPS CNY 1.1203 (forecast CNY 1.09)

Bank of Ningbo released FY2025 Semi-Annual Earnings on July 24 After-Market (BJT), Actual Revenue CNY 27.81 B, Actual EPS CNY 2.2403

Ningbo Bank Conducts Institutional Research Survey Introducing Business Strategies

Ningbo Bank Shaoxing Branch Innovates Pollutant Emission Rights Mortgage Financing for New Energy Enterprises

Ningbo Bank Joins the Financial Flow Information Sharing Platform

Ningbo Bank Holds Institutional Survey on Future Asset Quality

Analysis of Industrial and Commercial Bank of China and Ningbo Bank's Advantages in Serving Small and Medium Enterprises in the Yangtze River Delta

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BACHY

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Jefferies forecasts steady earnings improvement for mainland China's banking sector in 2026, driven by a mild macroeconomic recovery and low policy volatility. The report anticipates a slowdown in NIM narrowing, supporting net interest income growth, with pre-provision operating profit expected to recover fully. The broker favors BANK OF CHINA and BANK OF NINGBO, both rated Buy, and highlights selective attractiveness in the sector due to capital inflows and improving earnings visibility. Ratings and target prices for various banks are also provided in the report.

AASTOCKS News

BANK OF CHINA

Bank of China

Bank Of China

Fullgoal CSI 800 Banks ETF

WP CSI Banks ETF

Huaan CSI Banks ETF

ChinaAMC CSI Banks ETF

Hwabao WP CSI Banks ETF

Jefferies Financial

ICBC

BANKCOMM

Bank Of Communications

PSBC

CM BANK

China Merchants Bank

MINSHENG BANK

CMBC

BOC HONG KONG

Jefferies: Mainland Banks to See Steady Improvement This Year, Favors BANK OF CHINA  and BANK OF NINGBO

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M Stanley's research report indicates that while China government bond yields have recently declined, financial asset yields are expected to gradually rebound due to easing PPI pressure and a focus on risk-based loan pricing. The stabilization of China's property market is seen as a catalyst for improving revenue and earnings in the financial sector. M Stanley rates China's financial sector as "Attractive," favoring BANK OF NINGBO and the H shares of four major state-owned banks and CITIC BANK. Strong export growth and liquidity in the market support stable financial asset yields.

CNCB

CITIC BANK

Morgan Stanley

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

M Stanley: Mainland Financial Asset Yields to Gradually Rebound, Favors Four Major Banks and CITIC BANK

CICHY

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UBS's research report highlights that state-owned Chinese banks outperformed expectations in Q1, with an 8.5% revenue increase, the highest since 2021. This growth was driven by improved net interest margins and solid fee income. While regional banks met expectations, joint-stock banks showed mixed results. The report indicates an improving operating environment for mainland banks, with potential upward revisions in earnings growth for state-owned banks. UBS remains positive on defensive bank stocks with high dividend yields, favoring CCB, Bank of China, ICBC, CITIC Bank, and Bank of Ningbo.

China Construction Bank

INDUSTRIAL & COMMERCIAL BK OF CHINA UNSP ADR EACH REPR 20 ORD SHS

China Southern CSI Banks ETF

China Merchants CSI BANK AH Price ETF

UBS Group AG

UBS: State-Owned CN Banks Stand Out in 1Q; Operating Conditions Improving

China's Bank of Ningbo is preparing to develop a system for the digital yuan, indicating that the People's Bank of China (PBOC) may soon issue more licenses for e-CNY operations. Currently, 10 banks are licensed, with reports suggesting an additional 12 may be approved. The PBOC aims to enhance the digital yuan's usage amid increasing competition from cryptocurrencies. The digital yuan, launched in 2019, has seen limited public adoption, as many still prefer Alipay and WeChat Pay for transactions.

Yahoo Finance

China's Bank of Ningbo readies digital yuan business as Beijing expands e-CNY

Since March, more than a dozen banks, including Bank of China, CCB, PSBC, PAB, Bank of Ningbo, and ZYBANK, have listed non-performing asset packages, with the total amount of non-performing loans intended for transfer reaching billions. Both large state-owned banks and small to medium-sized banks have participated in this batch disposal of non-performing assets, and the overall disposal efforts continue to intensify

Wallstreetcn

E Fund CSI 300 Financials (ex Banks) ETF

ZYBANK

More than a dozen banks are successively listing for the transfer of non-performing assets

Goldman Sachs lowered its pre-provision profit forecast for domestic bank stocks by 0.3%, but gave China Merchants Bank a buy rating, believing it will benefit from the recovery in consumer finance and has better asset quality. The report raised the net interest margin forecast for 2025 to 2027 by 1 basis point, increased fee income by 1%, and lowered loan growth by 0.2 percentage points. The target price was averaged down by 0.3%, but still has a 2% upside potential. Goldman Sachs also recommended Bank of Ningbo, as well as large banks like CCB and Bank of China

AASTOCKS

Goldman Sachs lowers the pre-provision profit forecast for domestic bank stocks by 0.3%, recommends China Merchants Bank

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Urumqi Bank was penalized by the China Securities Regulatory Commission for not including long-term investor returns in its assessment system. The bank has multiple violations, including failing to report the appointment materials of the head of the fund sales department, not reporting the resignation review report, and not including long-term investment returns in the assessment indicators. This penalty is relatively rare in the industry, indicating a strong regulatory oversight of fund distribution institutions

ZHENGZHOU BANK

SINO-AGRI UNION

The long-term returns of investors have not been included in the sales assessment evaluation system, resulting in a "penalty" for a city commercial bank

According to China Securities Journal, "Currently, new funds are being deposited in three-year fixed deposits with interest rates reaching 1.95%, which just started to be implemented a few days ago, an increase of about 10 basis points compared to before." A wealth management manager at a Bank of Ningbo branch in Beijing introduced to reporters. Recently, reporters visited and called several banks and learned that as the Spring Festival approaches, many banks have launched special deposit and large-denomination certificate of deposit products, with temporary increases in deposit interest rates. (Public account "China Securities Journal")

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Multiple banks raise deposit interest rates

Citi expects that the revenue of domestic banks will grow by 2.1% year-on-year in the fourth quarter of 2025, benefiting from robust fee income and stable net interest margins. Chongqing Rural Commercial Bank performed better than expected, while China Everbright Bank and Changshu Bank fell short of expectations. It is anticipated that net interest margin pressure will ease in 2026, leading to improved revenue growth. Citi's top picks are Bank of China and Bank of Ningbo

Citi expects that the revenue of domestic banks in the fourth quarter of last year increased by 2.1% year-on-year, with Bank of China and Bank of Ningbo as the top picks

Bank of Ningbo(002142.SZ)

Jefferies: Mainland Banks to See Steady Improvement This Year, Favors BANK OF CHINA and BANK OF NINGBO