Agricultural Bank of China Limited Class H (HK:1288)
:1288
Earnings Data
Report Date
Apr 30, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.22Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call presents a constructive tone: the bank highlighted steady profitability, strong balance-sheet growth, high provision coverage, leadership in rural/inclusive/green financing, expanding wealth and cross-border businesses, and active adoption of AI and bond-market strategies. Management acknowledged a complicated external environment and flagged specific areas of focus and caution — notably modest income growth, pockets of higher NPL formation in inclusive/SME segments, cautious real-estate exposure, and potential bond-market volatility. On balance, strengths (scale, provisioning, targeted growth in strategic areas, digital/AI adoption) outweigh the challenges raised.Company Guidance
Stable profitability and strong capital metrics
Net profit of RMB 292 billion (up 3.3% YoY) and operating income of RMB 725 billion (up 2.1% YoY). Net interest margin (NIM) at 1.28%, return on total assets 0.63%, weighted average return on net assets 10.16%, and capital adequacy ratio 17.39%.
Significant balance sheet growth
Total assets reached RMB 48.8 trillion (up 12.8% YoY). Loan balance rose to RMB 27.13 trillion (increase of RMB 2.23 trillion YoY). Deposit growth of 7.7% and loan growth around 8.9% were highlighted.
High provision coverage and improving NPL trends
Provision balance above RMB 1 trillion (reported provision increase of RMB 39.6 billion) with provision coverage ~292.5%. Reported NPL ratio of 1.27% (down 3 bps YoY) and special-mention ratio 1.39%, overdue loan ratio 1.25%, with overall emphasis on multi-year improvement in asset quality.
Strong rural/agriculture franchise and outreach
Deep county-level coverage (22,800 branches with 56% in county/township), continued county-level loan focus (county-level balances doubled over the 14th Five-Year Plan), farmer-loan balance reached RMB 1.84 trillion (fourfold increase during the 14th Five-Year Plan), and deposit balance in county areas increased by RMB 1.23 trillion.
Leadership in inclusive, green and technology finance
Inclusive finance loan balance RMB 4.35 trillion (up 20.9% YoY), technology finance loans RMB 4.7 trillion (up 20.1% YoY), green finance loans RMB 5.93 trillion (up 18.7% YoY). Bank reports leading peer positions in supply and coverage of inclusive finance.
Wealth management scale and growth
Personal client assets under management ~RMB 24.7 trillion (noted later as >RMB 25.4 trillion), wealth management income RMB 35.7 billion, and total number of wealth management advisers reported at ~119,000 (up 6,000). Bank positions wealth management as a growth engine.
Capital markets performance and shareholder returns
Since listing annualized investor returns: A shares 12% and H shares 10%; strong 3-year (2023–2025) total returns of ~48% (A shares) and ~41% (H shares). Board proposed final dividend RMB 1.30 per share; full-year payout ratio ~30%; total annual dividend cited as HKD 2.495 per share.
International and cross-border business expansion
International settlement volume rose (~+8% YoY), cross-border RMB settlement RMB 3.82 trillion (up 8.7% YoY), interplay/cross-border business USD 118 billion (up 13% YoY), trade-financing growth ~30% YoY; presence in 18 countries/21 overseas institutions to support clients going global.
Active bond market and investment management
RMB bond holdings/investments increased (RMB bond scale +RMB 2.4 trillion YoY). Underwriting and investment activity exceeded RMB 3.7 trillion (reported ~+20 percentage points YoY). Green bond issuance cited (RMB 66 billion) and green bond investment balance up 37%.
Technology and AI adoption driving efficiency
Agriculture e-loan balance RMB 6.8 trillion (up 18.7% YoY). AI and automation reduced average frontline handling time to ~176 seconds (from >200s), automatic generation of investigation/review reports >70% for small enterprise files, and broad AI+ applications in risk control, anti-fraud and customer service.
HK:1288 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
HK:1288 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 30, 2026 | HK$5.38 | HK$5.40 | +0.37% |
Oct 30, 2025 | HK$5.99 | HK$5.88 | -1.80% |
Aug 29, 2025 | HK$5.18 | HK$5.13 | -0.95% |
Apr 29, 2025 | HK$4.62 | HK$4.61 | -0.22% |
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 Agricultural Bank of China Limited Class H (HK:1288) report earnings?
Agricultural Bank of China Limited Class H (HK:1288) is schdueled to report earning on Apr 30, 2026, TBA (Confirmed).
What is Agricultural Bank of China Limited Class H (HK:1288) earnings time?
Agricultural Bank of China Limited Class H (HK:1288) earnings time is at Apr 30, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What is the P/E ratio of Agricultural Bank of China Limited Class H stock?
The P/E ratio of Agricultural Bank of China is N/A.
What is HK:1288 EPS forecast?
Currently, no data Available