China Merchants Bank stock last trades at CNY 40.64 on September 28, 2026

China Merchants Bank last traded at CNY 40.64 on September 28, 2026. First-half net operating income rose 4.83 percent year over year, while net profit attributable to shareholders increased 2.02 percent.

China Merchants Bank Co., Ltd. stock last traded at CNY 40.64 on September 28, 2026, on the Shanghai Stock Exchange. The share was down 0.12 percent from the previous session's CNY 40.69. The quote was recorded at 07:00 UTC, with the market status listed as closed.

First-half results

In its 2026 second-quarter earnings call on August 31, China Merchants Bank reported first-half net operating income of CNY 178.135 billion, up 4.83 percent from a year earlier. Net profit attributable to shareholders reached CNY 76.45 billion, an increase of 2.02 percent. The figures were presented for the six months ended in the first half of 2026. Perplexity Finance carried the prepared remarks and earnings-call transcript.

Margins and asset quality

Net interest income was CNY 112.02 billion, up 5.6 percent year over year, while net interest margin was 1.83 percent, down five basis points. Management said the decline in net interest margin had narrowed to one basis point in the second quarter compared with the first quarter. The bank also reported a non-performing-loan ratio of 0.94 percent for the first half, unchanged from the end of 2025. Perplexity Finance reported these company figures from the call.