---
title: "《大行》大摩列出内银 H 股今年估值及股息回报预测 (表)"
description: "摩根士丹利发布中资金融行业展望报告，预测内银 H 股的市账率、股本回报率及股息回报。农行预计市账率为 0.59 倍，股本回报率 9.6%，股息回报 5.1%；工行市账率 0.48 倍，股本回报率 9.1%，股息回报 5.9%；建行市账率 0.49 倍，股本回报率 9.7%，股息回报 5.9%；中行市账率 0.46 倍，股本回报率 8.5%，股息回报 6.1%；邮储银行市账率 0.5 倍，股本回报率"
type: "news"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/272217511.md"
published_at: "2026-01-12T04:32:00.000Z"
---

# 《大行》大摩列出内银 H 股今年估值及股息回报预测 (表)

> 摩根士丹利发布中资金融行业展望报告，预测内银 H 股的市账率、股本回报率及股息回报。农行预计市账率为 0.59 倍，股本回报率 9.6%，股息回报 5.1%；工行市账率 0.48 倍，股本回报率 9.1%，股息回报 5.9%；建行市账率 0.49 倍，股本回报率 9.7%，股息回报 5.9%；中行市账率 0.46 倍，股本回报率 8.5%，股息回报 6.1%；邮储银行市账率 0.5 倍，股本回报率 8.1%，股息回报 5%；招行市账率 0.92 倍，股本回报率 12.6%，股息回报 4%；中信银行市账率 0.44 倍，股本回报率 9.4%，股息回报 6.3%；民生银行市账率 0.26 倍，股本回报率 5.1%，股息回报 5.8%；交行市账率 0.42 倍，股本回报率 7.5%，股息回报 5.8%；光大银行市账率 0.31 倍，股本回报率 7%，股息回报 6.6%；重农行市账率 0.4 倍，股本回报率 8.5%，股息回报 6.2%。

摩根士丹利发表中资金融行业今年展望报告，列出对内银 H 股今年市账率、年股本回报率及股息回报预测：

股份│今年市账率预测│今年股本回报率预测│今年股息回报预测

农行 (01288.HK)│0.59 倍│9.6%│5.1%

工行 (01398.HK)│0.48 倍│9.1%│5.9%

建行 (00939.HK)│0.49 倍│9.7%│5.9%

中行 (03988.HK)│0.46 倍│8.5%│6.1%

邮储银行 (01658.HK)│0.5 倍│8.1%│5%

招行 (03968.HK)│0.92 倍│12.6%│4%

中信银行 (00998.HK)│0.44 倍│9.4%│6.3%

民生银行 (01988.HK)│0.26 倍│5.1%│5.8%

交行 (03328.HK)│0.42 倍│7.5%│5.8%

光大银行 (06818.HK)│0.31 倍│7%│6.6%

重农行 (03618.HK)│0.4 倍│8.5%│6.2%

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