Citi sets RMB 10.31 target for Bank of Comms stock

Published on 10/20/2026 at 09:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citi gives Bank of Comms a Buy rating and 30-day catalyst watch. Bank of Comms stock is quoted at EUR 0.97 on October 20, 2026.

Analyst view and reported earnings

Citi assigned a RMB 10.31 target and a Buy rating on October 15, 2026.
Second-quarter 2026 net income was CNY 21.7 billion.
Bank of Comms stock traded at EUR 0.97 at 9:07 a.m. CEST on October 20, 2026.

Bank of Comms, CNE100000205, Illustration mit AI erstellt.

Bank of Comms (ISIN CNE100000205) is trading at EUR 0.97 at Lang & Schwarz on October 20, 2026 at 9:07 a.m. CEST. Citi assigned the bank a Buy rating and an RMB 10.31 target on October 15, 2026, putting the stock on a 30-day positive catalyst watch, according to Futubull.

Citi sees earnings acceleration

Citi expects third-quarter earnings to exceed market expectations, with earnings growth forecast at 9.30 percent year over year. The report also points to a stable quarterly net interest margin and sound asset quality as supporting factors, while assigning the RMB 10.31 target and Buy rating.

Reported figures show the base

Bank of Communications reported CNY 21.7 billion in net income for the second quarter of 2026, with revenue of CNY 129.8 billion, according to the standardized financial statement for the period ended June 30, 2026. The second-quarter net income was below the CNY 26.2 billion reported for the first quarter of 2026, a sequential decline of 17.03 percent.

Chronology provides a useful frame. On June 30, 2026, second-quarter net income was CNY 21.7 billion. On October 15, 2026, Citi named the bank a Buy with an RMB 10.31 target. On October 19, 2026, Bank of Communications shares reached a record high at CNY 8.21, according to Futubull.

What does the target mean?

The target gives the current analyst view a concrete benchmark, while the second-quarter figures show why margin stability matters. Bank of Communications also carried CNY 16.3 trillion in total assets as of June 30, 2026, and CNY 1.2 trillion in total shareholders' equity.

Stock price and market value

The bank's Shanghai-listed A shares were valued at CNY 728.1 billion as of October 20, 2026, with a 52-week range of CNY 6.37 to CNY 8.30. The range places the latest CNY 8.24 quote near its upper boundary, while the euro quotation remains the reference point for German investors.

Bank of Comms stock was trading at EUR 0.97 at Lang & Schwarz on October 20, 2026 at 9:07 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Bank of Comms stock.