Bank of Communications Posts Q1 2026 Growth but Sees Return on Equity Decline

Bank of Communications Co ( (HK:3328) ) has provided an update.

Bank of Communications Co., Ltd. reported steady balance sheet expansion in the first quarter of 2026, with total assets rising 4.66% from year-end 2025 to RMB 16.27 trillion and customer loans and advances up 3.52%. Customer deposits grew 4.06%, while shareholders’ equity attributable to the parent’s shareholders increased 1.69%, lifting net assets per share to RMB 13.18.

For the three months to 31 March 2026, the bank’s net operating income rose 4.89% year on year to RMB 69.69 billion, and profit before tax climbed 8.66%, driving a 3.11% increase in net profit attributable to shareholders to RMB 26.16 billion. However, basic and diluted earnings per share declined and the annualised return on weighted average net assets fell to 9.07%, indicating that profitability growth lagged behind capital expansion and may pressure returns for shareholders despite solid income and business volume growth.

The most recent analyst rating on (HK:3328) stock is a Buy with a HK$7.75 price target. To see the full list of analyst forecasts on Bank of Communications Co stock, see the HK:3328 Stock Forecast page.

More about Bank of Communications Co

Bank of Communications Co., Ltd. is a major Chinese commercial bank incorporated in the People’s Republic of China and listed in both Shanghai and Hong Kong. It provides a broad range of banking and financial services, with a focus on lending and deposit-taking for retail and corporate customers, and operates through a group structure serving domestic and international markets.

Average Trading Volume: 21,870,826

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$699.2B

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