Diversified Banks

Ping An Announces 7.4% YoY Drop in Q1 2026 Net Profit

PAB released FY2026 Q1 earnings on April 24 During-Market (BJT), actual revenue CNY 27.3 B (forecast CNY 33.64 B), actual EPS CNY 0.67 (forecast CNY 0.6569)

Wealth Management Firms Upgrade Redemption Services to Boost Competitiveness

PAB to Release FY2026 Q1 Earnings on April 25 During-Market (BJT), Forecast Revenue CNY 33.28 B, EPS CNY 0.6419

Ping An Bank's Credit Card Business Continues to Underperform

China Ping An's Deputy CEO Introduces High Growth of Ping An Bank's Silver Insurance Channel

PAB released FY2025 Q4 earnings on March 20 After-Market (BJT), actual revenue CNY 16.21 B (forecast CNY 33.03 B), actual EPS CNY 0.1963 (forecast CNY 0.334)

PAB released FY2025 Annual Earnings on March 20 After-Market (BJT), actual revenue CNY 91.04 B (forecast CNY 137.08 B), actual EPS CNY 2.067 (forecast CNY 2.1771)

PAB to release FY2025 earnings on March 21 After-Market (BJT), forecast revenue CNY 137.08 B, EPS CNY 2.1771

Ping An Bank Increases Credit Line to Affiliates and Agrees on Agreement Deposit Cooperation

Ping An Bank's Private Banking Clients Exceed 100,000

China Ping An Announces 2025 Q1-Q3 Performance of Ping An Bank

PAB released FY2025 Q3 earnings on October 24 During-Market (BJT), actual revenue CNY 24.83 B (forecast CNY 33.5 B), actual EPS CNY 0.69 (forecast CNY 0.598)

PAB released FY2025 9-month earnings on October 24 During-Market (BJT), actual revenue CNY 74.83 B, actual EPS CNY 1.8668

PAB to release FY2025 Q3 earnings on October 25 during market hours (BJT), forecast revenue CNY 33.23 B, EPS CNY 0.618

ShanGao Photovoltaic Signs 868 Million Yuan Loan Agreement with Ping An Bank

PAB released FY2025 Q2 earnings on August 22 After-Market (BJT), actual revenue CNY 23.72 B (forecast CNY 36.01 B), actual EPS CNY 0.5568 (forecast CNY 0.4696)

PAB released FY2025 Semi-Annual earnings on August 22 After-Market (BJT), actual revenue CNY 50 B, actual EPS CNY 1.177

PAB to Release FY2025 Semi-Annual Earnings on August 23, 2025 (BJT)

CICC downgrades Ping An Bank to neutral

Ping An Bank 2024 Annual Performance Conference

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Citi Research reported that in 1Q26, the average pre-provision operating profit (PPOP) growth for 21 Chinese banks was 9.5% YoY, up from 2.6% in 4Q25, driven by loan growth and NIM recovery. Sector earnings rose 3% YoY, with credit costs increasing as banks prepared for future risks. BANK OF BJ led with 24% PPOP growth, while CEB BANK saw a 1.8% decline. Top picks include BANK OF CHINA and PING AN BANK, with target prices raised. Overall, large and regional banks outperformed joint-stock banks.

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BANK OF CHINA

Bank of China

Bank Of China

CEB BANK

CEB Bank

Huaan CSI Banks ETF

Hwabao WP CSI Banks ETF

WP CSI Banks ETF

Fullgoal CSI 800 Banks ETF

Citigroup

Changshu Bank

CMBC

MINSHENG BANK

ICBC

CM BANK

China Merchants Bank

INDUSTRIAL BANK

SPD Bank

CITIGROUP INC 6.250 NON CUM SER II PFD WI

BOC HONG KONG

Citi: Large and Regional Chinese Banks' 1Q26 Results Beat; NIM Recovery

The three major A-share indices opened mixed, with the Shanghai Composite Index down 0.1%, the Shenzhen Component Index up 0.1%, and the ChiNext Index up 0.3%. Ping An Bank shares rose 3% after reporting a 3% YoY increase in Q1 net profit. SMIC shares opened 2.1% higher, while other chip stocks showed mixed results. The RMB against USD was set at 6.8579, marking a 95 bps increase MoM. The PBOC conducted significant reverse repo operations, resulting in a net withdrawal of RMB200 billion.

SSE Index

Shenzhen Index

ChiNext

BYD COMPANY

CATL

SMIC

Hua Hong

HUA HONG SEMI

Cambricon

Moore Threads

YOFC

BYD HK SDR 10to1

BYD Company

BYD Company Limited

BYD COMPANY-R

CATL HK SDR 30to1

SMIC HK SDR 5to1

ZTE Corporation

Three Major A-Share Indices Open Mixed; Ping An Bank  Jumps 3% Post Results; SMIC  Opens Higher

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Ping An Insurance Company of China has announced the release of its banking subsidiary, Ping An Bank's Q1 2026 financial report, available on both the Shenzhen and Shanghai Stock Exchanges. The board affirmed the accuracy of the announcement, emphasizing regulatory compliance and transparency with shareholders. The latest analyst rating for Ping An Insurance (HK:2318) is a Buy, with a price target of HK$86.00. Ping An Insurance is a major financial services conglomerate in China, focusing on insurance, banking, and financial services.

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PING AN

Ping An

PING AN-R

Ping An Insurance

Ping An Insurance Flags Release of Ping An Bank’s Q1 2026 Results

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JPMorgan expects moderate improvement in revenue and profit growth for Chinese banks in 1Q26. Agricultural Bank of China and Bank of Communications are anticipated to lead with stronger profit growth, while Postal Savings Bank may lag due to rising credit costs. Among joint-stock banks, Ping An Bank is likely to achieve positive growth, whereas China Minsheng Bank's profit growth may contract. JPM favors China Merchants Bank for its stable growth and attractive dividends. Overall, state-owned banks are expected to outperform joint-stock banks ahead of the dividend season in July.

PSBC

China Merchants CSI BANK AH Price ETF

ChinaAMC CSI Banks ETF

China Southern CSI Banks ETF

JPMorgan Chase

BANKCOMM

Bank Of Communications

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

JPM Expects Moderate Improvement in 1Q26 Revenue and Profit Growth for Chinese Banks

On April 14, PSBC successfully launched a remote sensing satellite in collaboration with Changguang Satellite, becoming the fourth commercial bank in China to participate in satellite development. ABC showcased a custom AI agent named "Lobster" to improve loan process efficiency. Industrial Bank's Executive Vice President presented technology progress via a digital avatar. China Merchants Bank proposed an "AI First" philosophy, while PAB views technology as its core competitive strength. The annual technology investment of 13 A-share listed banks exceeded 180 billion yuan, and the criteria for evaluating tech investment are shifting from scale to effectiveness

- On April 14, Postal Savings Bank launched a high-resolution optical remote sensing satellite, becoming China's fourth commercial bank to develop and launch a satellite.  
- Major banks are adjusting their technology strategies, with a significant focus on AI integration and digital transformation, amidst rising pressures on net interest margins and demands for higher efficiency.  
- Overall, bank technology spending surpassed 180 billion yuan, emphasizing the need for operational effectiveness and solid performance in a landscape increasingly defined by data and AI-driven solutions.

Wallstreetcn

E Fund CSI 300 Financials (ex Banks) ETF

A 180 Billion Yuan Shadow War in Bank Technology

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Ping An Bank, a subsidiary of Ping An Insurance (Group) Company of China, has been upgraded to AAA in the latest MSCI ESG Ratings, marking its fifth consecutive year of improvement. The upgrade reflects the Bank's strong performance in areas such as Consumer Financial Protection, Environmental Impact Financing, and Data Security, with scores significantly above industry averages. Ping An aims to deepen its sustainable finance strategy and enhance governance while supporting low-carbon transitions and social inclusion. This recognition underscores the Bank's commitment to high-quality, sustainable development in the financial sector.

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MSCI

02:28 ETPing An Bank Upgraded to AAA in MSCI ESG Ratings, Ranking Among the Leading Global Banks

PAB(000001.SZ)

Citi: Large and Regional Chinese Banks' 1Q26 Results Beat; NIM Recovery

Three Major A-Share Indices Open Mixed; Ping An Bank Jumps 3% Post Results; SMIC Opens Higher

Ping An Insurance Flags Release of Ping An Bank’s Q1 2026 Results

JPM Expects Moderate Improvement in 1Q26 Revenue and Profit Growth for Chinese Banks

A 180 Billion Yuan Shadow War in Bank Technology

02:28 ETPing An Bank Upgraded to AAA in MSCI ESG Ratings, Ranking Among the Leading Global Banks