23 analysts set CNY 53.26 target for China Merchants Bank stock

Published on 10/05/2026 at 11:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Operating income rose 4.83 percent in first-half 2026 to CNY 178.181 billion. China Merchants Bank stock costs EUR 5.76 on October 5, 2026 versus EUR 5.73.

CM Bank, CNE1000002M1, Illustration mit AI erstellt.

China Merchants Bank (CNE1000002M1) has an average CNY 53.26 target from 23 analysts, according to MarketScreener in a September 9, 2026 company-data page. The consensus gives the stock a measurable valuation reference as investors weigh resilient fee income against asset-quality pressure.

First-half income advances 4.83 percent

In the first half of 2026, operating income reached CNY 178.181 billion, up 4.83 percent year over year, while net profit attributable to shareholders rose 2.02 percent to CNY 76.445 billion, Futunn reported after the August 28 interim report release. Net interest income increased 5.60 percent to CNY 112.022 billion, while net fee and commission income rose 5.99 percent to CNY 39.855 billion.

The mix matters for China Merchants Bank stock because wealth-management fees grew 26.53 percent to CNY 16.192 billion in the same period. Net interest margin was 1.83 percent, down 5 basis points year over year, showing that stronger fee generation partly offset pressure on lending spreads.

Credit quality sets the counterweight

The interim report placed the overall non-performing loan ratio at 0.94 percent at the end of the first half, unchanged from year-end 2025. Retail loan non-performing loans stood at 1.16 percent, up 10 basis points from year-end, while the loan-loss reserve coverage ratio was 385.10 percent, down 6.69 percentage points.

That combination leaves the bank with solid reported coverage but a clearer retail-credit sensitivity. The first-half 2026 results therefore provide a stronger operating comparison than the share-price move alone, with income and profit both higher year over year.

EUR 5.76 quote stays near CNY range

China Merchants Bank was last quoted at CNY 41.26 on the Shanghai Stock Exchange on September 30, 2026 at 3:00 p.m. CST, against a 52-week range of CNY 35.28 to CNY 43.79. Market capitalization was CNY 1,040.6 billion on that date.

The Lang & Schwarz price was EUR 5.76 on October 5, 2026 at 11:03 a.m. CEST, up 0.52 percent versus the prior close of EUR 5.73. The further course of trading is shown by the continuously updated real-time quote of China Merchants Bank stock.