Bank of Communications (601328) Stock Price, Fundamentals & Analysis

What 601328 does

Bank of Communications (601328) is a large commercial bank headquartered in Shanghai, China, listed on the Shanghai Stock Exchange. It provides a wide range of banking products for individuals and corporations, including savings and time deposits, personal and mortgage loans, credit and debit cards, wealth management services, and corporate cash management. The bank also offers industrial chain financing, syndicated loans, investment banking, and offshore banking services. It operates in the Financial Services sector, within the Banks - Diversified industry, and is part of the CSI 300 index.

Key numbers explained

• 7.56 CNY is the current share price, the amount you pay for one share on the market.
• The trailing P/E ratio of 7.5 compares the price to the last 12 months of earnings; a lower number can suggest the stock is priced modestly relative to recent earnings.
• The forward P/E ratio of 6.9 uses expected future earnings, showing how the market values the company ahead of those results.
• Earnings per share of 1.01 CNY represents the portion of net income attributable to each share over the last 12 months.
• The dividend yield of 4.29% indicates the annual dividend payment as a percentage of the current share price.
• The ex-dividend date of Jul 10, 2026 is the cutoff: buyers on or after this date do not receive the next dividend.
• 15% of earnings are paid out as dividends, meaning the company retains most of its profit for growth or capital.
• Beta of 0.12 suggests the stock has historically moved much less than the overall market.
• Profit margin of 44.7% and operating margin of 46.7% show that a large share of revenue turns into profit at both the bottom and operating lines.
• Return on equity of 7.6% measures how effectively the bank generates profit from shareholders' equity.
• Price-to-book of 0.57 means the stock trades below its book value per share.
• Revenue of 217.95 mld. CNY with 11.8% year-over-year growth shows top-line expansion.
• The 52-week range of 6.37 – 7.77 CNY and the 11.2% price change over the past year place the current price within its recent trading band.

What to watch

• Interest rate movements in China, which affect bank lending margins and deposit costs.
• Credit quality and non-performing loan trends, which influence reserve requirements and profitability.
• Regulatory changes in the Chinese banking sector that can impact capital buffers, fees, and business lines.
• Macroeconomic growth in China and internationally, which affects loan demand and foreign-currency services.
• Dividend policy and payout ratio, which can shift as earnings or capital needs change.
• Competition from peers such as China Minsheng Bank (600016), BANK OF CHENGDU (601838), China Zheshang Bank (601916), Bank of Hangzhou (600926), and Shanghai Pudong Development Bank (600000), as well as larger state-owned peers like Industrial and Commercial Bank of China (601398) and China Life Insurance Company (601628).
• Broader Shanghai Stock Exchange dynamics, which can be explored via the Shanghai Stock Exchange stocks listing.