China Merchants Bank posts 2.02 percent profit growth. CM Bank stock yields 4.20 percent

Published on 10/20/2026 at 10:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half income reached CNY 178.18 billion on August 28, 2026. CM Bank stock costs EUR 6.01 on October 20, 2026 with a HKD 1.3 trillion market value.

Banking trends and valuation

Operating income reached CNY 178.18 billion in the first half of 2026.
The net interest margin stood at 1.83 percent during the first half of 2026.
CM Bank stock was trading at EUR 6.01 at 10:30 a.m. CEST on October 20, 2026 at Lang & Schwarz.

CM Bank, CNE1000002M1, Illustration mit AI erstellt.

China Merchants Bank (CNE1000002M1) reported operating income of CNY 178.18 billion for the first half of 2026, up 4.83 percent from the same period a year earlier, according to Futu. Net profit attributable to shareholders rose 2.02 percent to CNY 76.45 billion after the report was released on August 28, 2026.

What changed in first-half income?

The earnings mix shifted toward fee businesses. Net interest income increased 5.60 percent to CNY 112.02 billion, while non-interest net income rose 3.42 percent to CNY 66.16 billion in the first half of 2026, according to Futu. Wealth-management fees and commissions grew 26.53 percent to CNY 16.19 billion, giving the result a more specific growth engine than the headline profit figure.

Three dates define the trend

On August 28, 2026, China Merchants Bank released its semi-annual report with net profit up 2.02 percent. On September 22, 2026, Pacific Securities highlighted the 1.83 percent net interest margin and the 26.53 percent rise in wealth-management fees. On September 23, 2026, Yangtze Securities described first-half revenue growth of 4.80 percent and profit growth of 2.00 percent, according to Futu.

What does the margin signal?

The 1.83 percent net interest margin declined 5 basis points year over year, but the pressure was partly offset by lower funding costs. Deposits increased 3.32 percent from year-end, while corporate loans rose 9.08 percent and retail loans declined 1.08 percent during the first half of 2026. The contrast points to a business mix moving toward corporate lending and wealth management while consumer credit remains a risk area.

Stock price and valuation

China Merchants Bank is listed on the Hong Kong Stock Exchange under ticker 3968.HKEX, according to iPulse AI. Its market capitalization was HKD 1.3 trillion as of October 4, 2026, while the 52-week range was HKD 43.34 to HKD 54.25. The latest Hong Kong quote was HKD 53.00 on October 20, 2026 at 4:08 p.m. HKT, placing the stock near the upper end of that range.

CM Bank stock was trading at EUR 6.01 at Lang & Schwarz on October 20, 2026 at 10:30 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of CM Bank stock.