Chinese Banks' 2Q Revenue Growth Likely Resilient

Dow Jones07-16 15:56

0756 GMT - Chinese banks' revenue growth likely remained resilient in 2Q, although gains are likely to be softer than in 1Q due to a high trading-segment base, says Citi analyst Judy Zhang in a note. Lenders under Citi's coverage are forecast to post a 2Q top-line gain of around 6.8% on year, driven by decent loan growth, stabilizing net interest margins and robust fee income growth, she says. She reckons Chinese banks should take advantage of their higher revenue to raise provisioning for rainy days, which could cause earnings growth to be slightly weaker than the estimated revenue increase. The banks that could post stronger growth relative to peers are China's big four lenders, which include Industrial & Commercial Bank of China and Bank of China, and regional banks such as Bank of Ningbo, Zhang says. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

July 16, 2026 03:56 ET (07:56 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2651414011?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-16 15:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2651414011","market":"hk","top_or_hot":-1,"title":"Chinese Banks' 2Q Revenue Growth Likely Resilient","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0756 GMT - Chinese banks' revenue growth likely remained resilient in 2Q, although gains are likely to be softer than in 1Q due to a high trading-segment base, says Citi analyst Judy Zhang in a note. Lenders under Citi's coverage are forecast to post a 2Q top-line gain of around 6.8% on year, driven by decent loan growth, stabilizing net interest margins and robust fee income growth, she says. She reckons Chinese banks should take advantage of their higher revenue to raise provisioning for rainy days, which could cause earnings growth to be slightly weaker than the estimated revenue increase. The banks that could post stronger growth relative to peers are China's big four lenders, which include Industrial &amp; Commercial Bank of China and Bank of China, and regional banks such as Bank of Ningbo, Zhang says. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 16, 2026 03:56 ET (07:56 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Banks' 2Q Revenue Growth Likely Resilient</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Banks' 2Q Revenue Growth Likely Resilient\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-16 15:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0756 GMT - Chinese banks' revenue growth likely remained resilient in 2Q, although gains are likely to be softer than in 1Q due to a high trading-segment base, says Citi analyst Judy Zhang in a note. Lenders under Citi's coverage are forecast to post a 2Q top-line gain of around 6.8% on year, driven by decent loan growth, stabilizing net interest margins and robust fee income growth, she says. She reckons Chinese banks should take advantage of their higher revenue to raise provisioning for rainy days, which could cause earnings growth to be slightly weaker than the estimated revenue increase. The banks that could post stronger growth relative to peers are China's big four lenders, which include Industrial &amp; Commercial Bank of China and Bank of China, and regional banks such as Bank of Ningbo, Zhang says. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 16, 2026 03:56 ET (07:56 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0871576103.HKD","symbol_name":"HSBC GIF CHINESE EQUITY \"AC\" (HKD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2651414011","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2651414011","pubTimestamp":1784188560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0756 GMT - Chinese banks' revenue growth likely remained resilient in 2Q, although gains are likely to be softer than in 1Q due to a high trading-segment base, says Citi analyst Judy Zhang in a note. Lenders under Citi's coverage are forecast to post a 2Q top-line gain of around 6.8% on year, driven by decent loan growth, stabilizing net interest margins and robust fee income growth, she says. She reckons Chinese banks should take advantage of their higher revenue to raise provisioning for rainy days, which could cause earnings growth to be slightly weaker than the estimated revenue increase. The banks that could post stronger growth relative to peers are China's big four lenders, which include Industrial & Commercial Bank of China and Bank of China, and regional banks such as Bank of Ningbo, Zhang says.  Dow Jones NewswiresJuly 16, 2026 03:56 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"601288":"农业银行","601398":"工商银行","601939":"建设银行","601988":"中国银行","LU0871576103.HKD":"HSBC GIF CHINESE EQUITY \"AC\" (HKD) ACC","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU0918141887.USD":"安联亚洲实际收益股票基金","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","03143":"华夏香港银行股","LU0630378429.USD":"HSBC GIF ASIA PACIFIC EX JAPAN EQ HD \"AM2\" (USD) INC","LU0611395673.USD":"NINETY ONE GSF EMERGING MARKETS EQUITY \"A\" (USD) ACC","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","HK0000107257.USD":"BEA UNION INVESTMENT ASIA PACIFIC MULTI INCOME \"A\" (USD) INC A","LU0499858438.USD":"NINETY ONE GSF ASIA PACIFIC EQUITY OPPORTUNITIES \"A\" (USD) INC","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU1211504680.USD":"ALLIANZ HIGH DIVIDEND ASIA PACIFIC EQUITY \"AM\" (USD) INC","LU0287142896.SGD":"Fidelity China Focus A-SGD","01398":"工商银行","LU1282651121.HKD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"AMG\" (HKD) INC","ACGBY":"农业银行ADR","LU0607220059.USD":"SCHRODER ISF HONG KONG EQUITY \"A\" (USD) ACC","LU0228367735.SGD":"Eastspring Investments - Asian Equity Fund AS SGD","LU0048580855.USD":"富达大中华区A","LU1323998911.USD":"BGF ASIAN MULTI-ASSET INCOME \"A\" (USD) ACC","LU0348825331.USD":"ALLIANZ CHINA EQUITY \"A\" (USD) INC","BK0010":"央企","LU2148510915.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"R\" (USD) ACC","SG9999009443.AUD":"SCHRODER ASIAN INCOME FUND \"A\"(AUDHDG) INC","BK0278":"货币金融","LU0164880469.USD":"HSBC GIF HONG KONG EQUITY \"AC\" ACC","00939":"建设银行","CICHY":"建设银行ADR","IDCBY":"工商银行ADR","01288":"农业银行","SG9999004220.SGD":"Nikko AM Shenton Asia Dividend Equity Fund  SGD","LU0531971595.HKD":"HSBC GIF CHINESE EQUITY \"AD\" (HKD) INC","LU1048588211.SGD":"Blackrock Asian Dragon A2 SGD-H","LU0314109678.HKD":"MANULIFE GF DRAGON GROWTH \"AA\" (HKD) INC","LU0588545730.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY INCOME \"ADM\" (USD) INC","03988":"中国银行","LU1997245177.USD":"安联神洲A股基金","LU0096374516.USD":"CT (LUX) I ASIA EQUITY INCOME \"DU\" (USD) ACC","LU0061477393.USD":"CT (LUX) I ASIA EQUITY INCOME \"AU\" (USD) ACC","LU1642822792.SGD":"THREADNEEDLE (LUX) ASIAN CONTRARIAN EQUITY \"A\" (SGD) ACC","LU0634319403.HKD":"ALLIANZ HONG KONG EQUITY \"AT\" (HKD) ACC","LU1831875114.USD":"SCHRODER ISF ALL CHINA EQUITY \"A\" (USD) ACC","SG9999001051.SGD":"United Asia Fund SGD","BACHY":"中国银行ADR","002142":"宁波银行","SG9999001069.SGD":"UOB UNITED ASIA PACIFIC GROWTH (SGD) ACC"},"translate_title":"中资银行第二季度收入增长可能有弹性","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"601288":0.9,"601398":0.9,"601939":0.9,"601988":0.9,"03143":0.6,"002142":0.9,"01288":0.9,"00939":0.9,"CICHY":0.9,"01398":0.9,"BACHY":0.9,"03988":0.9,"ACGBY":0.9,"IDCBY":0.9},"content_text":"0756 GMT - Chinese banks' revenue growth likely remained resilient in 2Q, although gains are likely to be softer than in 1Q due to a high trading-segment base, says Citi analyst Judy Zhang in a note. Lenders under Citi's coverage are forecast to post a 2Q top-line gain of around 6.8% on year, driven by decent loan growth, stabilizing net interest margins and robust fee income growth, she says. She reckons Chinese banks should take advantage of their higher revenue to raise provisioning for rainy days, which could cause earnings growth to be slightly weaker than the estimated revenue increase. The banks that could post stronger growth relative to peers are China's big four lenders, which include Industrial & Commercial Bank of China and Bank of China, and regional banks such as Bank of Ningbo, Zhang says. (megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 16, 2026 03:56 ET (07:56 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2651414011","isCrawlerRequest":true}