China Merchants Bank (CIHKY)
OTHER OTC:CIHKY
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Earnings Data
Report Date
Aug 28, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
1.03Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call presented a resilient performance: modest but positive profit growth, strong deposit and AUM expansion, notable retail and international/ subsidiaries progress, and meaningful technology/AI-driven efficiency gains. Key weaknesses are continued NIM compression, slightly lower capital and allowance-coverage metrics, modest top-line growth, and pockets of retail and property-related credit stress. Management’s tone is confident and proactive — emphasizing disciplined liability management, fee diversification, capital stewardship, and accelerated AI/digital and international initiatives to offset margin pressures.Company Guidance
Stable Profitability with Modest Growth
Net operating income RMB 337.2 billion, up 0.05% YoY; net profit attributable to shareholders RMB 150.2 billion, up 1.21% YoY. ROAA 1.19% and ROAE 13.44% (ROAE down 1.05 ppt YoY) showing continued profitability and industry-leading returns despite a challenging environment.
Net Interest Income and Funding Cost Advantage
Net interest income RMB 215.6 billion, up 2.04% YoY. Interest-bearing liabilities average cost ratio 1.26%, down 38 bps YoY, helping preserve margins; demand/core deposit franchise remains strong (total customer deposits RMB 9.84 trillion, up 8.13%).
Strong Deposit and Balance Sheet Growth
Assets exceeded RMB 13 trillion. Total loans and advances RMB 7.26 trillion, up 5.37% YoY; total liabilities RMB 11.79 trillion, up 7.98% YoY; total customer deposits RMB 9.84 trillion, up 8.13% YoY — demonstrating robust balance sheet expansion and low funding costs.
Retail and Wealth Management Momentum
Retail customers 224 million (+6.7% YoY); retail AUM exceeded RMB 17 trillion (+14.44% YoY, year increment RMB 2.16 trillion record high); retail customer deposits RMB 4.5 trillion (+11% YoY). Wealth/asset management: retail wealth product balance +12%; corporate wealth product balance RMB 524.9 billion (+31.28%); asset management scale RMB 4.71 trillion (+5.13%).
Fee Income Recovery and Diversification
Net fee and commission income rose 4.39% YoY — the first positive growth since 2022. Non-interest income accounts for 36.08% of income and net fees represent 61.85% of non-interest income, indicating improving fee contribution and diversification of revenue sources.
Strong International and Subsidiary Performance
Overseas total assets +12.88% YoY and overseas net operating income +33.78% YoY; Hong Kong institutions: assets +13.84%, net operating income +36%, net profit +63%. Subsidiaries total assets RMB 952.8 billion (+11%); subsidiaries net profit RMB 16.38 billion (+41%).
Capital and Risk Buffer Remain Adequate
Advanced-approach Core Tier 1 CAR 14.16%, Tier 1 CAR 16.51%, CAR 18.27% (declines mainly from interim dividend payout and OCI reduction). The bank emphasizes capital stability and prudent capital-allocation discipline.
Significant Technology & AI Investment with Measurable Efficiency Gains
IT investment RMB 12.9 billion (4.31% of net operating income). R&D staff >11,000 (>9% of employees). Large-model/token throughput increased 10.1x YoY; >800/856 AI application scenarios implemented; saved c.15.56 million man‑hours; >10,000 large-model developers internally — demonstrating material productivity and capability improvement.
Green Finance and ESG Progress
Green loan and green leasing balances grew 21% and 23.89% respectively; supported issuance of nearly 100 ESG bonds; MSCI ESG rating AAA for two consecutive years — showing progress on sustainability goals.
CIHKY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CIHKY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $31.97 | $30.61 | -4.24% |
Mar 27, 2026 | $31.32 | $31.25 | -0.21% |
Oct 29, 2025 | $31.45 | $31.44 | -0.01% |
Aug 29, 2025 | $30.18 | $30.21 | +0.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does China Merchants Bank (CIHKY) report earnings?
China Merchants Bank (CIHKY) is schdueled to report earning on Aug 28, 2026, TBA (Confirmed).
What is China Merchants Bank (CIHKY) earnings time?
China Merchants Bank (CIHKY) earnings time is at Aug 28, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is CIHKY EPS forecast?
Currently, no data Available