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The latest update is out from Weihai City Commercial Bank Co., Ltd. Class H ( (HK:9677) ).
Weihai Bank Co., Ltd. reported that as of the end of March 2026, its group assets stood at RMB528.36 billion, with liabilities of RMB492.19 billion and owners’ equity of RMB36.16 billion. The group generated a net profit of RMB743.01 million in the first quarter of 2026, underscoring its ongoing profitability in a challenging banking environment.
The bank highlighted a solid capital position, with a capital adequacy ratio of 12.90%, tier-one capital adequacy of 10.29%, and core tier-one capital adequacy of 8.46%, all above regulatory minimums. It also disclosed outstanding capital instruments totaling RMB10.7 billion, split between tier-two and perpetual capital bonds, while cautioning investors that these figures are unaudited and may differ from subsequent reviewed or audited results.
More about Weihai City Commercial Bank Co., Ltd. Class H
Weihai Bank Co., Ltd. is a joint stock commercial bank incorporated in the People’s Republic of China, operating through its group structure to provide banking and financial services. The bank is listed in Hong Kong as an H-share issuer but is not an authorized institution under Hong Kong’s Banking Ordinance and is not supervised by the Hong Kong Monetary Authority.
Average Trading Volume: 39,216
Technical Sentiment Signal: Sell
Current Market Cap: HK$16.27B
Learn more about 9677 stock on TipRanks’ Stock Analysis page.