Bank of Hangzhou (600926) Stock Price, Fundamentals & Analysis

What 600926 does

Bank of Hangzhou (600926) is a regional bank listed on the Shanghai Stock Exchange stocks that provides a range of banking products and services in China. It operates through five segments — Corporate Business, Small Business, Retail Business, Treasury Business, and Other Businesses — and offers deposits, loans, settlements, trade-related products, debit cards, credit and mortgage lending, personal asset management, and interbank services. The company, formerly known as Hangzhou City Commercial Bank, was founded in 1996 and is headquartered in Hangzhou, China. In the broader Chinese banking landscape, it is often compared with peers such as Bank of Shanghai (601229), Bank of Beijing (601169), and China Merchants Bank (600036).

Key numbers explained

• The current price is 17.23 CNY, with a +0.53% move today.
• The trailing P/E ratio of 6.6 and the forward P/E ratio of 5.3 show how the market prices the company's current and expected earnings, respectively; lower figures can suggest a cheaper valuation relative to earnings.
• The dividend yield of 4.29% indicates the annual dividend as a percentage of the current price; the ex-dividend date is 28 sept. 2026, and 36% of earnings are paid out as dividends.
• The beta of 0.05 suggests the stock's price has historically moved much less than the overall market.
• The 52-week range of 14.34 – 17.72 shows the lowest and highest traded prices in the past year, with the current price near the top of that range and a 12% price change over the last 52 weeks.
• The price-to-book ratio of 0.87 compares the market price to the company's book value per share; a figure below 1 can indicate the market values the company below its accounting net assets.

What to watch

• Regional banks like Bank of Hangzhou are sensitive to China's economic growth, credit cycle, and local real estate conditions, which affect loan demand and asset quality.
• Net interest margin and loan growth are key drivers of earnings for banks; changes in the central bank's policy rate can influence both.
• Regulatory changes in China's financial sector, including capital requirements and fintech competition, can shape the operating environment for regional banks.
• The company's profitMargin of 57.8% and operatingMargin of 74% reflect strong cost control and pricing power, which investors may monitor alongside returnOnEquity of 12.1%.
• As a regional bank, Bank of Hangzhou is part of the broader Chinese banking peer group that includes Postal Savings Bank of China (601658), Agricultural Bank of China (601288), and China Construction Bank (601939), and its performance can be influenced by trends in that group.