Yangtze Securities keeps Buy on Bank of Communications stock

Published on 10/07/2026 at 10:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Income rose 6.73 percent in the first half of 2026. Bank of Communications stock costs EUR 0.94 on October 7, 2026 versus EUR 0.93, plus 1.08 percent.

Bank of Comms, CNE100000205, Illustration mit AI erstellt.

Bank of Communications (ISIN CNE100000205) reported a 6.73 percent year-over-year increase in operating income in the first half of 2026. As Futunn reported on September 23, 2026, Yangtze Securities maintained a Buy rating on the bank.

First-half income gains momentum

The results released on August 28, 2026 also showed net profit attributable to shareholders rising 4.04 percent year over year. According to Futunn, net interest margin reached 1.23 percent in the first half, up 2 basis points from the same period a year earlier.

The bank's net interest income totaled RMB 92.592 billion, an 8.62 percent year-over-year increase in the first half of 2026. Net fee and commission income was RMB 20.473 billion, up 0.07 percent, showing that interest income rather than fees supplied the clearer growth contribution.

Asset quality remains the counterweight

Asset quality provides the main risk marker in the latest report. The non-performing loan ratio stood at 1.30 percent at the end of the first half of 2026, while special mention loans reached 1.77 percent, according to Futunn.

Yangtze Securities linked the investment case to improving retail asset quality and valuation recovery. Its September 23, 2026 assessment cited 2026 price-to-book ratios of 0.56 times for the A shares and 0.52 times for the H shares, alongside expected dividend yields of 4.60 percent and 5.00 percent, respectively, as Futunn reported.

EUR 0.94 at Lang and Schwarz

Bank of Communications was trading at EUR 0.94 at Lang & Schwarz on October 7, 2026 at 10:07 a.m. CEST, up 1.08 percent versus the prior close of EUR 0.93 on October 6, 2026. The Hong Kong listing was last at HKD 8.21 on October 7, 2026 at 3:58 p.m. HKT, while its market capitalization stood at HKD 725.0 billion.

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