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China Merchants Bank Co (3968) Stock Price & Analysis

26 Followers

3968 Stock Chart & Stats

HK$54.15-HK$0.20(-0.37%)
At close: 4:00 PM GMT+8
HK$47.5HK$50HK$52.5Aug 10Aug 24Sep 7Sep 21Oct 5Oct 20Nov 2
Day’s Range
HKD 53.75 - HKD 54.60
52-Week Range
HKD 43.34 - HKD 55.60
Previous Close
HKD 54.35
Volume
N/A
Average Volume (3M)
11.83M
Market Cap
HKD 1.28T
Enterprise Value
HKD 2.55T
Total Cash (Recent Filing)
HKD 571.81B
Total Debt (Recent Filing)
HKD 1.80T
Price to Earnings (P/E)
7.3
Beta
0.60
Next Earnings
Mar 31, 2027 (Est.)
EPS Estimate
1.65
Last Dividend Ex-Date
Jul 02, 2026
Dividend Yield
4.20%

Bulls Say, Bears Say

Bulls Say

Wealth Management Expansion

Strong growth in retail AUM, asset management scale and wealth-management fees supports a broader, more recurring fee-income base. This deepens customer relationships, improves business diversification beyond lending, and creates a durable platform for cross-selling investment and protection products.

Capital Strength And Returns

High returns on equity combined with robust capital ratios provide meaningful loss-absorption capacity and support continued balance-sheet growth. Strong capital also gives management flexibility to invest in technology, wealth management and corporate banking while maintaining shareholder distributions.

Stable Asset Quality And Coverage

A low group NPL ratio and substantial allowance coverage indicate that current credit losses remain well buffered. Stable overall asset quality supports earnings resilience and gives the bank a stronger base to manage localized weakness in property, retail and other higher-risk lending segments.

Bears Say

Persistent NIM Pressure

Continued declines in asset yields and intense loan-pricing competition can compress the spread that drives the bank’s core interest income. Management has not declared NIM fully stabilized, so margin pressure could remain a material constraint on earnings growth over coming quarters.

Rising Retail Credit Risk

Higher retail NPLs and special-mention loans point to worsening borrower stress in consumer, housing and credit-card portfolios. If this trend persists, increased provisions could offset operating growth, reduce profitability and require tighter underwriting that further limits retail loan expansion.

Higher Recent Leverage

The recent leverage step-up weakens the balance sheet’s margin of safety relative to the bank’s improving historical debt-to-equity trend. Greater leverage can reduce financial flexibility and make capital allocation more sensitive to credit losses, funding conditions and slower asset growth.

China Merchants Bank Co News

3968 FAQ

What was China Merchants Bank Co’s price range in the past 12 months?
China Merchants Bank Co lowest stock price was HK$43.34 and its highest was HK$55.60 in the past 12 months.
What is China Merchants Bank Co’s market cap?
China Merchants Bank Co’s market cap is HK$1.28T.
When is China Merchants Bank Co’s upcoming earnings report date?
China Merchants Bank Co’s next earnings report is estimated for Mar 31, 2027 (not yet confirmed), which is in 144 days.
How were China Merchants Bank Co’s earnings last quarter?
China Merchants Bank Co released its earnings results on Oct 30, 2026. The company reported HK$1.87 earnings per share for the quarter, missing the consensus estimate of HK$1.882 by -HK$0.012.
Is China Merchants Bank Co overvalued?
According to Wall Street analysts China Merchants Bank Co’s price is currently Undervalued.
Does China Merchants Bank Co pay dividends?
China Merchants Bank Co pays a Semiannually dividend of HK$1.153 which represents an annual dividend yield of 4.2%. See more information on China Merchants Bank Co dividends here
What is China Merchants Bank Co’s EPS estimate?
China Merchants Bank Co’s EPS estimate is 1.65.
How many shares outstanding does China Merchants Bank Co have?
China Merchants Bank Co has 4,590,901,400 shares outstanding.
What happened to China Merchants Bank Co’s price movement after its last earnings report?
China Merchants Bank Co reported an EPS of HK$1.87 in its last earnings report, missing expectations of HK$1.882. Following the earnings report the stock price went up 3.412%.
Which hedge fund is a major shareholder of China Merchants Bank Co?
Currently, no hedge funds are holding shares in HK:3968
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology