Industrial and Commercial Bank of China stock gains as earnings grow

Published on 09/22/2026 at 11:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Industrial and Commercial Bank of China stock closed at CNY 7.10 on September 21, 2026, up 0.50 percent. First-half revenue rose 9.1 percent year over year.

ICBC, CNE1000003G1, Illustration mit AI erstellt.

Industrial and Commercial Bank of China stock (ISIN CNE1000003G1) closed at CNY 7.10 on the Shanghai Stock Exchange on September 21, 2026, gaining 0.50 percent. The latest operating figures show first-half revenue growth of 9.1 percent year over year, while attributable net profit increased 3.3 percent.

Revenue growth accelerates

According to Futu on September 22, 2026, ICBC reported first-half revenue growth of 9.1 percent in 2026. The quarterly comparison strengthened during the period: first-quarter growth was 8.3 percent, while second-quarter growth reached 9.9 percent.

The earnings mix was less uniform. Net interest income rose 8.8 percent in the first half of 2026, and non-interest income increased 9.8 percent, but attributable net profit grew only 3.3 percent. That gap indicates that revenue expansion did not translate into profit growth at the same pace.

Margin and credit risks matter

Futu reported that ICBC's first-half net interest margin was 1.29 percent, unchanged sequentially and 0.01 percentage point above the 2025 full-year level. The bank's non-performing loan ratio improved by 0.02 percentage point from the start of the year to 1.29 percent.

Credit costs remained a counter-factor. Credit impairment increased 22.1 percent year over year in the first half of 2026, while the credit cost ratio rose 0.09 percentage point to 0.78 percent. The reported figures therefore pair better operating momentum with continued provisioning pressure.

Stock trails the benchmark

On September 21, 2026, the Shanghai Composite rose 0.97 percent to 3,949.91 points, compared with ICBC's 0.50 percent gain. The bank consequently lagged the benchmark by 0.47 percentage points in that session, a concrete comparison for the stock's market reaction.

Liquidity policy supplied the immediate market context on September 22, 2026. The People's Bank of China injected CNY 35 billion through seven-day reverse repos at a 1.4 percent rate, according to the cited market briefing reported in the daily market coverage.

Shanghai close sets reference

Industrial and Commercial Bank of China stock stood at CNY 7.10 on the Shanghai Stock Exchange as of September 21, 2026, with a daily gain of 0.50 percent. The combination of 9.1 percent first-half revenue growth and 3.3 percent net-profit growth leaves margin stability and credit costs as the key figures alongside the share price.