Chinese banking group offering commercial banking, cross-border financial services, investment banking and insurance.
Profile & Fundamentals
Bank of China: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Bank of China Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
Bank of China Limited, together with its subsidiaries, provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally. The company operates through six segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other. The Corporate Banking segment provides current accounts, deposits, overdrafts, loans, payments and settlements, trade-related products, and other credit facilities, as well as foreign currency, derivative, and wealth management products for corporate customers, government authorities, and financial institutions. The Personal Banking segment offers savings deposits, personal loans, credit cards and debit cards, payments and settlements, wealth management, and funds and insurance agency services to retail customers. The Treasury Operations segment offers foreign exchange transactions, customer-based interest rate, and foreign exchange derivative transactions, as well as money market transactions, proprietary trading, and asset and liability management. The Investment Banking segment provides debt and equity underwriting and financial advisory, sale and trading of securities, stock brokerage, investment research, asset management services, and private equity investment services. The Insurance segment provides underwriting services for general and life insurance business, and insurance agency services. In addition, it operates debt-to-equity swaps and other supporting, and aircraft and financial leasing business. The company was founded in 1912 and is headquartered in Beijing, China.
Company profile record
Bank of China Ltd H
Common Stock · Financials · Diversified Banks
Company
- Company / asset
- Bank of China Ltd H
- Security type
- Common Stock
- Sector
- Financials
- Industry
- Diversified Banks
- HQ
- 🇨🇳 China
- Head office
- No. 1 Fuxingmen Nei Dajie, Beijing, China, 100818
Leadership & scale
- Full-time employees
- 310.9K
- Fiscal year end
- December
- IPO date
- 2006-06-01
Fundamentals snapshot
- Market Cap
- HKD 1.94T
- P/E
- 6.9x
- Revenue (Q2 26)
- CNY 308.2B
- Profit (Q2 26)
- CNY 66.7B
- Dividend Yield
- 4.0%
- Revenue (FY 25)
- CNY 1.22T
- Shares in public float
- 105.6B
- Insider ownership
- 0%
Reporting & identifiers
- Symbol
- 3988.HKEX
- Listing
- 🇭🇰 Hong Kong | Dividend Tax: 0%
- Ticker Currency
- HKD
- Income Statement Currency
- CNY
- Balance Sheet Currency
- CNY
- Cash Flow Currency
- CNY
- EPS Currency
- CNY
- Contract Type
- SPOT
- ISIN
- CNE1000001Z5
- Asset ID
- equity_10fb09c5-6f64-58da-b218-991eac43f888
Ownership
Shares Outstanding
Latest: 322.2B | Max: 348.5B | Min: 223.8B
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
32.77%
105.6B latest reported shares
Insider Ownership
0.00%
Latest reported insider stake
Short Float
--
Latest reported short interest / float
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 348,466,666,700 |
| 2018-01-01 | 339,892,307,700 |
| 2019-01-01 | 325,221,428,600 |
| 2020-01-01 | 319,957,142,900 |
| 2021-01-01 | 303,832,058,800 |
| 2022-01-01 | 311,560,274,000 |
| 2023-01-01 | 223,781,091,000 |
| 2024-01-01 | 294,387,791,000 |
| 2025-01-01 | 328,406,757,000 |
| 2026-01-01 | 322,212,412,000 |
Top Holders
Available reported ownership records.
No reported records are available in this preview.
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
Bank of China's financial trajectory displays remarkable underlying resilience against a sluggish domestic economic backdrop. For the first half of 2026, the bank delivered operating income of CNY 357.1 billion and an attributable net profit of CNY 123.6 billion, expanding over 5% year-on-year. While domestic corporate loan demand softened, falling funding expenses and expanding transaction banking across foreign branches counterbalanced lending headwinds. Strong recurring performance demonstrates that the bank's core earnings engine remains fully intact. Importantly, headline cash-flow statistics must be interpreted carefully, as cash movements in banking reflect loan disbursements and deposit shifts rather than pure commercial cash profits. Management generates dependable accounting earnings that comfortably cover ongoing shareholder dividend commitments. Despite ongoing economic restructuring, disciplined cost controls ensure that bottom-line earnings continue to compound steadily year after year.
Bank of China's financial trajectory displays remarkable underlying resilience against a sluggish domestic economic backdrop. For the first half of 2026, the bank delivered operating income of CNY 357.1 billion and an attributable net profit of CNY 123.6 billion, expanding over 5% year-on-year. While domestic corporate loan demand softened, falling funding expenses and expanding transaction banking across foreign branches counterbalanced lending headwinds. Strong recurring performance demonstrates that the bank's core earnings engine remains fully intact. Importantly, headline cash-flow statistics must be interpreted carefully, as cash movements in banking reflect loan disbursements and deposit shifts rather than pure commercial cash profits. Management generates dependable accounting earnings that comfortably cover ongoing shareholder dividend commitments. Despite ongoing economic restructuring, disciplined cost controls ensure that bottom-line earnings continue to compound steadily year after year.
Revenue, Net Income, and Free Cash Flow
Latest: CNY 1.22T | Max: CNY 1.22T | Min: CNY -523.3B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 6x
Profitability & Margins
Margins and Operating Efficiency
AI Review
After several years of steady contraction caused by central bank interest rate cuts, profit margins have established a solid baseline. The group's net interest margin ticked up to 1.27% in mid-2026. This turning point occurred because administrative cuts to deposit benchmark rates lowered borrowing costs across retail and corporate accounts, successfully overcoming the downward pressure on loan rates. Simultaneously, the bank's unique overseas network generated elevated lending margins by deploying funds into high-yielding international markets. Although policy-mandated low-cost lending prevents return on equity from returning to historical double-digit levels, overall profitability has settled near a dependable 8% to 9%. This stable profitability profile ensures the bank remains a consistent, reliable income generator for long-term investors.
After several years of steady contraction caused by central bank interest rate cuts, profit margins have established a solid baseline. The group's net interest margin ticked up to 1.27% in mid-2026. This turning point occurred because administrative cuts to deposit benchmark rates lowered borrowing costs across retail and corporate accounts, successfully overcoming the downward pressure on loan rates. Simultaneously, the bank's unique overseas network generated elevated lending margins by deploying funds into high-yielding international markets. Although policy-mandated low-cost lending prevents return on equity from returning to historical double-digit levels, overall profitability has settled near a dependable 8% to 9%. This stable profitability profile ensures the bank remains a consistent, reliable income generator for long-term investors.
Profitability Margins
Latest: 54.0% | Max: >100.0% | Min: 20.0%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
54.0%
Gross profit / revenue
Operating Margin
24.7%
Operating income / revenue
Net Margin
20.0%
Net income / revenue
FCF Margin
62.5%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2016-12-31 | 69,457,985,611.51 | 23,680,287,769.78 | 21,271,079,136.69 |
| 2017-12-31 | 74,057,757,296.47 | 26,483,410,138.25 | 55,318,740,399.39 |
| 2018-12-31 | 72,964,680,232.56 | 26,175,290,697.67 | 90,146,656,976.74 |
| 2019-12-31 | 78,753,591,954.02 | 26,926,005,747.13 | -75,184,626,436.78 |
| 2020-12-31 | 69,029,096,477.79 | 29,535,987,748.85 | 5,115,773,353.75 |
| 2021-12-31 | 79,098,270,440.25 | 34,050,157,232.7 | 127,843,553,459.12 |
| 2022-12-31 | 70,793,478,260.87 | 32,829,275,362.32 | -5,663,043,478.26 |
| 2023-12-31 | 72,996,619,718.31 | 32,662,535,211.27 | 110,887,042,253.52 |
| 2024-12-31 | 68,372,972,972.97 | 30,610,167,310.17 | 67,404,118,404.12 |
| 2025-12-31 | 174,160,228,898.43 | 34,766,952,789.7 | 108,835,050,071.53 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
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| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2025-12-31 | 5.6 | Trailing four quarters |
| 2024-12-31 | 4.85 | Trailing four quarters |
| 2023-12-31 | 2.67 | Trailing four quarters |
| 2022-12-31 | 3.45 | Annual net income |
| 2021-12-31 | 3.21 | Annual net income |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2016-12-31 | 100 | 45.58 | 34.09 | 30.62 |
| 2017-12-31 | 100 | 102.58 | 35.76 | 74.7 |
| 2018-12-31 | 100 | 108.66 | 35.87 | 123.55 |
| 2019-12-31 | 100 | 43.08 | 34.19 | -95.47 |
| 2020-12-31 | 100 | 66.47 | 42.79 | 7.41 |
| 2021-12-31 | 120.08 | 66.09 | 43.05 | 161.63 |
| 2022-12-31 | 119.7 | 65.34 | 46.37 | -8 |
| 2023-12-31 | 100 | 65.75 | 44.75 | 151.91 |
| 2024-12-31 | 100 | 65.88 | 44.77 | 98.58 |
| 2025-12-31 | 53.98 | 24.75 | 19.96 | 62.49 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-06.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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