Have bank deposits really “moved”? Deposits at 42 listed banks increased by nearly 10 trillion yuan in Q1.

①In the first quarter, the total customer deposit scale of 42 A-share listed banks reached 227.04 trillion yuan, increasing by 9.44 trillion yuan compared to the end of 2025, with a growth rate of 4.34%, and all banks achieved positive growth. ②In the first quarter, the deposit business of listed banks demonstrated several key highlights: 'steady growth in total volume, optimization in structure, decline in costs, and recovery in demand deposits.'

cls.cnApr 30 06:18 ET

Review of Q1 Earnings Reports from State-Owned and Commercial Banks: Performance Recovery for Major State-Owned Banks, Significant Divergence Among Commercial Banks, Some Revenue Surges by 35%

① The marginal recovery of the capital market is driving a rebound in wealth management businesses, with fee and commission income expected to maintain a trend of gradual improvement. ② Based on projections for continued revenue growth in Q1 2026 and retail non-performing exposures yet to reach an inflection point, listed banks are likely to adopt a conservative approach to profit distribution, aiming to balance gains with losses.

cls.cnApr 30 06:17 ET

Leadership Change Amid a Low-Interest-Rate Cycle: CMB's Wang Liang Retires, Wang Xiaoqing Takes the Helm of the "Retail King"

On April 30, China Merchants Bank (CMB) held a senior management meeting to announce the retirement of Wang Liang, the current Party Secretary and President, due to reaching the age limit. Wang Xiaoqing, General Manager of China Merchants Financial Holdings, will succeed him as the Party Secretary. According to standard business practices, after completing internal procedures and receiving regulatory approval, Wang Xiaoqing will officially assume the role of CMB's fifth president. With this transition, the joint-stock bank, which manages assets exceeding 13 trillion yuan, has smoothly completed its leadership handover. Wang Xiaoqing, born in 1971, holds a doctorate in economics and previously worked at PICC Asset Management for many years, where he was responsible for investment operations. He is a versatile financial executive with cross-disciplinary experience. Since 2020, Wang Xiaoqing has been part of the China Merchants Group.

wallstreetcnApr 30 05:47 ET

JPMorgan: Domestic banks' revenue growth showed notable improvement in the first quarter, with a surprising rebound in net interest margins.

Among domestic banking stocks, the most favored are Agricultural Bank of China (01288), China Construction Bank (00939), Bank of China (03988), ICBC (01398), and Ningbo Bank (002142.SZ).

Zhitong FinanceApr 30 03:11 ET

UBS Group: China Merchants Bank (03968) Q1 revenue and pre-provision profit largely in line with expectations; rated 'Neutral'.

The bank has assigned a 'Neutral' rating with a target price of HKD 56.

Zhitong FinanceApr 29 21:28 ET

UOB Kay Hian Upgrades China Merchants Bank Co (CIHHF) to a Hold

TipRanksApr 29 20:46 ET · Ratings