China Merchants Bank Co Ltd
Company Profile
Business description
China Merchants Bank was founded in 1987 and is headquartered in Shenzhen. The bank is China's seventh-largest listed bank by assets, with the largest distribution network among China's joint-stock banks. CMB's network has been expanding rapidly. Its outlets are located mainly in China's more developed areas, including the Pearl River and Yangtze River deltas. The firm has 18% and 82% of its shares listed on the Hong Kong and Shanghai exchanges, respectively. It has no foreign strategic investors. China Merchants Group is its largest shareholder, with a 30% stake. Retail banking, corporate banking, and wholesale banking accounted for 49%, 51%, and 0% of total profit before tax, respectively, and 40%, 58%, and 2% of total revenue in 2024.
Contact
No. 7088, Shennan Boulevard
26th Floor, China Merchants Bank Building
Futian District, Guangdong Province
Shenzhen518040
CHNT: +86 75583198888
Sector
Financial Services
Stock type
Cyclical
Industry
Banks - Regional
Fiscal Year End
31 December 2026
Employees
121,585
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| FTSE 100 | 10,462.39 | 30.05 | 0.29% |
| HKSE | 25,386.52 | 264.60 | -1.03% |
| NASDAQ | 26,089.02 | 181.34 | -0.69% |
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| S&P/ASX 200 | 8,621.70 | 6.30 | -0.07% |
| SSE Composite Index | 4,077.28 | 84.91 | -2.04% |