JP-AGBK@EC2610A

BOA Securities Raises Agricultural Bank's Profit Forecast and Target Price

JPMorgan Raises Agricultural Bank's Stock Rating and Anticipates Full-Year Profit Growth

Agricultural Bank of China's Retail Business Breaks through 900 Million Customers

China Ping An Insurance Increases Stake in Agricultural Bank

Citi Analyzes Agricultural Bank's Q1 Performance and Gives Buy Rating

ABC released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue HKD 150.36 B (forecast HKD 217.53 B), actual EPS HKD 0.2267

ABC Publishes Q1 Capital and Liquidity Report, Shows Robust Capital Adequacy and Liquidity Metrics

Agricultural Bank of China reports Q1 net profit of 75.19 billion yuan

Agricultural Bank's Annual General Meeting Passes Resolutions; Analysts Give Buy Rating

Ping An Life Raises Stake in Agricultural Bank H Shares to 21%

ABC to Release FY2026 Q1 Earnings on April 29 After-Market (BJT), Forecast Revenue HKD 220.38 B

TitanMobi Secures a 10 Billion Yuan Credit Line from Agricultural Bank of China, Guangzhou Branch

Citi Predicts Agricultural Bank's Q1 Earnings to Beat Expectations and Gives Buy Rating

Agricultural Bank of China Successfully Issued 5 Billion RMB Non-Capital Bonds

Morgan Stanley forecasts an increase in Agricultural Bank's stock price

China Ping An Insurance Group Increases Holdings in Agricultural Bank

ABC Releases 2025 Annual Report and Dividend Plan

BOA Securities Downgrades Agricultural Bank's Profit Forecast and Target Price

BOC International Raises Agricultural Bank of China Target Price to 7.27 HKD and Maintains Buy Rating

BOA Downgrades Agricultural Bank of China H-Share Target Price, Maintains Neutral Rating

SOMERLEY CAP

TIANLI HOLDINGS

CPM GROUP

FUTONG TECH

NICHE-TECH SEMI

SINO ICT

COSMOS MACH

UBOT HOLDING

SAMPLE TECH

PERENNIAL INT'L

01288

03988

601988

01398

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Citi has released a research report detailing its investment ratings and target prices (TP) for various Chinese banks' H shares. The report includes ratings such as 'Buy' for most banks, with specific target prices ranging from HKD 4.47 to HKD 11.26. Notable banks listed include ABC, Bank of China, and ICBC, among others. The report also highlights short selling data and ratios for each bank, indicating market sentiment. The information is subject to a 15-minute delay for HK stocks quotes.

AASTOCKS News

BANK OF CHINA

Bank Of China

ICBC

BANKCOMM

CITIC BANK

CEB BANK

CM BANK

MINSHENG BANK

CQRC BANK

HUISHANG BANK

PSBC

Bank Of Communications

CNCB

CEB Bank

China Merchants Bank

CMBC

Chongqing Rural Commercial Bank

BOC HONG KONG

Bank of China

Citi's Investment Ratings and TP on CN Banks H Shrs (Table)

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512800

517900

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BOCI has slightly raised the target price for ABCfrom HKD7.27 to HKD7.28 while maintaining a Buy rating. ABC reported a 4.5% year-on-year increase in net profit for 1Q26, up from 3.6% in 4Q25. The net interest margin decreased to 1.26% in 1Q26 from 1.28% in 2025. The broker noted an improvement in ABC's asset quality during the quarter. Short selling data indicates a ratio of 39.549% with a total of $167.01M.

China Southern CSI Banks ETF

ChinaAMC SSE Financials Sector ETF Initiating Fund

Huaan CSI Banks ETF

E Fund CSI 300 Financials (ex Banks) ETF

WP CSI Banks ETF

Hwabao WP CSI Banks ETF

GF Fund CSI HK Connect Financials(ex Banks) Thematic ETF

China Merchants CSI BANK AH Price ETF

Fullgoal CSI 800 Banks ETF

BOCI Slightly Raises ABC  TP to HKD7.28, Maintains Buy Rating

BofAS has raised its target price for ABCto HKD6.06 following a strong 1Q26 performance, where the bank reported a net profit of RMB75.2 billion, up 4.5% YoY. Core profit surged 13.2% YoY, driven by a 6 bps QoQ increase in NIM to 1.26%. Net interest income rose 6.3% QoQ, with loans growing 5% QoQ. BofAS also adjusted its earnings forecasts for ABC for 2026-2028 by 2% to 3%, maintaining a Neutral rating for H-shares and an Underperform rating for A-shares.

BofAS Raises ABC  TP to HKD6.06; 1Q26 Core Profit Shows Strong Growth

Citi's research report on ABCindicates a potential 7% to 8% dilution in EPS due to upcoming capital replenishment. ABC reported a 13% YoY increase in pre-provision operating profit in Q1, a recovery from a decline in Q4, driven by improved NIM, trading gains, and fee income growth. Net profit after tax rose 4.5% YoY to RMB75.2 billion, affected by higher credit costs. Citi maintains a Buy rating on ABC's H shares with a target price of HKD6.94.

Citigroup

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Citi: ABC  Potential Capital Replenishment May Dilute EPS by 7% to 8%, Rates Buy

UBS reported that ABCexceeded 1Q expectations with a net profit of RMB75.2 billion, up 4.5% YoY, and revenue of RMB206.3 billion, up 10.5% YoY. Despite a 29.2% YoY increase in credit impairment losses and a decline in core Tier-1 capital adequacy ratio to 10.8%, net profit after tax slightly outperformed peers due to lower tax expenses. UBS maintains a Neutral rating on ABC with a target price of HKD5.85.

UBS Group AG

UBS: ABC  1Q Results Beat; TP HKD5.85, Neutral

ACGBY

515020

Reuters

Agricultural Bank of China

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

ChinaAMC CSI Banks ETF

S&P Global

WRAPUP 1-China's largest lenders' first-quarter profit up over 3%, sour loan ratios steady

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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

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

China’s mega banks post increased profits in first quarter

ABC0.000 (0.000%) Short selling $277.41M; Ratio 31.485% has announced its results for 1Q ended March 2026. Net profit attributable to equity holders of the Bank rose by 4.52% YoY to RMB75.185 billion, while basic EPS reached RMB20 cents. Operating income increased by 10.5% YoY to RMB206.345 billion.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-29 16:25.) AASTOCKS Financial News

ABC 1Q26 NP Grows 4.5% to RMB75.185B

Agricultural Bank of China's extraordinary shareholders' meeting in 2026 saw 89.66% participation, approving the 2025 financial accounts, profit distribution plan, and 2026 investment budget. The strong support from shareholders, including smaller A-shareholders, reflects confidence in the bank's capital allocation strategy. Analysts rate the stock (HK:1288) as a Buy with a target price of HK$6.20. Agricultural Bank of China is a major state-owned bank in China, offering a range of financial services and holding a market cap of HK$2825.3B.

Tip Ranks

Agricultural Bank of China Shareholders Back 2025 Results and 2026 Investment Budget

JP-AGBK@EC2610A(28054.HK)

Citi's Investment Ratings and TP on CN Banks H Shrs (Table)

BOCI Slightly Raises ABC TP to HKD7.28, Maintains Buy Rating

BofAS Raises ABC TP to HKD6.06; 1Q26 Core Profit Shows Strong Growth

Citi: ABC Potential Capital Replenishment May Dilute EPS by 7% to 8%, Rates Buy

UBS: ABC 1Q Results Beat; TP HKD5.85, Neutral

WRAPUP 1-China's largest lenders' first-quarter profit up over 3%, sour loan ratios steady

China’s mega banks post increased profits in first quarter

ABC 1Q26 NP Grows 4.5% to RMB75.185B

Agricultural Bank of China Shareholders Back 2025 Results and 2026 Investment Budget