Diversified Banks

BANKCOMM

Bank of Communications Issues 50 Billion CNY Total Loss-Absorbing Capacity Non-Capital Bonds

Former Deputy 行长 Hou Weidong of Bank of Communications Fined for Serious Disciplinary and Legal Violations

UBS Releases First Quarter 2026 Performance Report for Bank of Communications

JPMorgan Analyzes ICBC's Q1 Earnings and Maintains Overweight Rating

Bank of Communications Reports Q1 2026 Earnings: Asset Total Surpasses 16 Trillion

Bank of Communications reports first-quarter net profit of 26.16 billion yuan

BANKCOMM released FY2026 Q1 earnings on April 29 During-Market (BJT), actual revenue HKD 62.91 B (forecast HKD 77.43 B), actual EPS HKD 0.3401

Bank of Communications Issued RMB40 billion Tier 2 Capital Bond

Liaoning Leaders Meet with CEO of Bank of Communications, Anticipating Customized Financial Services

Zhang Wen, Chairman of Jiaotong International Trust, Under Investigation for Serious Disciplinary and Legal Issues

Bank of Communications Approved as Sole Pilot Bank for China-Brazil Bond Connect by PBOC

BANKCOMM to Release FY2026 Q1 Earnings on April 29 During-Market (BJT), Forecast Revenue HKD 78.35 B

State-owned Major Banks See Shift Toward Higher Education Among Employees

Bank of Communications Reports Revenue and Net Profit Growth in 2025 Annual Report, but Retail Loan NPL Rate Rises

Guangdong Branch of ICBC Holds Symposium with Hongjing Technology on Computing Power Industry and Overseas Business

Bank of Communications Publishes 2025 Annual Report with Steady Growth

Bank of Communications Releases Corrected Dividend Announcement

HSBC Global Research Cuts Profit Forecast for China Minsheng Bank, Maintains Hold Rating

BOA Downgrades ICBC's 2026 Earnings Forecast and Target Price

Traffic Bank Plans to Revoke Private Banking Special License

NTES-S

KWAN YONG

PEIJIA-B

REMEGEN

RADIANCE HLDGS

POP MART

BAOZUN-W

ARCHOSAUR GAMES

XIAOCAIYUAN

HEPALINK

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Bank of Communications Co., Ltd. has issued RMB50 billion in Total Loss-Absorbing Capacity Non-Capital Bonds to enhance its capital structure and regulatory compliance. The four-year bonds, with a 1.75% coupon, aim to strengthen the bank's resilience in stress scenarios. The latest analyst rating for the stock (HK:3328) is a Buy with a price target of HK$7.75.

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Bank Of Communications

Huaan CSI Banks ETF

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Bank of Communications Boosts Loss-Absorbing Capacity With RMB50 Billion TLAC Bond

Bank of Communications (SEHK:3328) reported its Q1 2026 earnings, highlighting increased net interest income but slightly lower earnings per share. The stock is priced at HK$7.27, reflecting a 10.82% year-to-date return and a 113.03% five-year total return. Its P/E ratio stands at 6.2x, below the inferred fair P/E of 6.9x, suggesting potential undervaluation. However, risks remain due to softer earnings and sector sentiment. A DCF analysis indicates a fair value of HK$14.72, implying the stock is trading 50.6% below this estimate. Investors are encouraged to conduct their own research.

Simplywall

A Look At Bank of Communications (SEHK:3328) Valuation After Its First Quarter 2026 Earnings Release

CICC has raised the target price for BANKCOMMto HKD8.7, reflecting a 14.81% increase, following the bank's 1Q results that exceeded expectations. The net profit, pre-provision operating profit, and operating income grew by 3%, 10.3%, and 4.9% YoY, respectively. The report maintains the Outperform rating and keeps the A-share target price at RMB8.9. The growth was attributed to a rebound in NIM, and net profit forecasts for 2026 and 2027 remain unchanged.

AASTOCKS News

CICC

CICC Raises BANKCOMM  TP to HKD8.7; 1Q Results Beat Expectations

UBS reported that BANKCOMMachieved a 3% YoY increase in net profit for 1Q26, meeting expectations, while revenue grew 4.9% YoY, lagging behind peers' average of 8.5%. The decline in net fee and commission income contributed to this underperformance. Net interest income rose 7.2% YoY, aligning with peers. Operating expenses decreased by 2.7% YoY, leading to a 9.9% growth in pre-provision operating profit. Despite a 12.5% increase in asset impairment losses, profit before tax rose 8.7%, but a significant rise in income tax expenses resulted in a modest 3.1% increase in net profit after tax. The bank is rated Buy with a target price of HKD8.6.

UBS Group AG

UBS: BANKCOMM  1Q26 Net Profit In Line, Revenue Lags Peers

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China's largest state-owned banks reported increased profits in Q1, with Industrial & Commercial Bank of China posting a 3.3% gain to 86.9 billion yuan. Agricultural Bank of China and Bank of Communications also saw earnings growth. Despite stable net interest margins and non-performing loan ratios, the sector faces challenges from low margins and asset quality issues. Analysts predict a potential recovery, with expectations that the central bank will maintain interest rates. Morgan Stanley forecasts improved revenue as margin pressures ease and asset quality stabilizes.

Businesstimes News

ICBC

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

China Southern CSI Banks ETF

China Merchants CSI BANK AH Price ETF

Morgan Stanley

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China’s mega banks post increased profits in first quarter

BANKCOMMreported a net profit of RMB26.162 billion for Q1 2026, a 3.1% increase year-on-year. The bank's net operating income rose 4.9% to RMB69.689 billion, with net interest income up 7.2% to RMB45.675 billion. However, net fee and commission income fell by 3%. The core tier-one capital adequacy ratio stood at 11.25%, and the non-performing loan ratio was 1.3%.

BANKCOMM  1Q26 Net Profit RMB26.162B, Up 3.1% YoY

Bank of Communications Co., Ltd. has raised RMB40 billion through a Tier 2 bond issue to strengthen its capital structure. The issuance of ten-year fixed-rate bonds with a 1.97% coupon will enhance the bank's tier-2 capital, supporting its lending capacity amid tightening regulations. The bonds include an issuer call option after five years. Analysts rate the stock as a Buy with a target price of HK$7.75, reflecting positive market sentiment.

Bank of Communications Raises RMB40 Billion via Tier 2 Bond Issue

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Zacks Research upgraded Bank of Communications (OTCMKTS: BCMXY) to a "hold" rating. The stock opened at $22.00, with a 52-week range of $19.70 to $25.00. The bank reported a Q1 EPS of $0.99, missing estimates of $1.06, but had revenue of $8.50 billion, exceeding expectations. Analysts forecast an EPS of 4.13 for the current year. Bank of Communications is a major Chinese bank offering a range of financial services.

Market Beat

ChinaAMC SSE Financials Sector ETF Initiating Fund

Bank of Communications (OTCMKTS:BCMXY) Upgraded at Zacks Research

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Experts point out that with the advancement of regulatory approvals and support from a low-interest-rate environment, the issuance of bank perpetual bonds and tier 2 capital bonds will accelerate in the second quarter. INDUSTRIAL BANK and Bank Of Communications plan to issue 20 billion yuan and 30 billion yuan in bonds respectively, with the second quarter expected to become the peak supply period for the year, helping commercial banks strengthen their capital base

Wallstreetcn

INDUSTRIAL BANK

Experts Say Bank Perpetual and Tier 2 Bond Issuance to Accelerate in Q2

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JIU RONG HOLD's subsidiary Green Cloud has been sued by Bank Of Communications for the repayment of RMB 49 million in principal and announced that RMB 45.5 million of the loan has matured early. The plaintiff also seeks priority repayment rights over 31 mortgaged properties under Green Cloud's name. The court is scheduled to hear the case on May 13, and the group management will communicate with the plaintiff to seek a settlement

AASTOCKS

JIU RONG HOLD

JIU RONG HOLD's subsidiary sued by Bank Of Communications to recover over 94.5 million RMB

BANKCOMM(03328.HK)