Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Industrial and Commercial Bank of China ( (HK:1398) ) has shared an announcement.
Industrial and Commercial Bank of China Limited reported an 8.45% year-on-year rise in operating income to RMB 221.98 billion for the first quarter of 2026, with net profit attributable to equity holders increasing 3.31% to RMB 86.94 billion. Basic and diluted earnings per share edged up to RMB 0.24, while annualised return on weighted average equity dipped slightly to 8.83%, indicating modest profit growth but some pressure on capital efficiency.
Total assets expanded 4.29% from year-end 2025 to RMB 55.77 trillion, and equity attributable to shareholders grew 1.96% to RMB 4.33 trillion, reflecting continued balance sheet expansion. Net cash flows from operating activities surged 50.27% to RMB 1.42 trillion, underscoring strong liquidity generation that may support future lending capacity and reinforce the bank’s position as a leading player in China’s banking sector.
The most recent analyst rating on (HK:1398) stock is a Buy with a HK$8.00 price target. To see the full list of analyst forecasts on Industrial and Commercial Bank of China stock, see the HK:1398 Stock Forecast page.
More about Industrial and Commercial Bank of China
Industrial and Commercial Bank of China Limited is a major Chinese state-owned commercial bank, providing a wide range of corporate and retail banking, treasury, and financial services. Listed in Hong Kong, the bank operates through a group structure, consolidating its domestic and international subsidiaries to serve clients across China and global markets.
Average Trading Volume: 210,998,021
Technical Sentiment Signal: Buy
Current Market Cap: HK$2952.4B
See more insights into 1398 stock on TipRanks’ Stock Analysis page.