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Company Profile

  • Business description

    China Merchants Bank, with headquarters in Shenzhen, was founded in 1987. 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 57%, 41%, and 2% of total profit before tax, respectively, and 56%, 41%, and 3% of total revenue in 2023.

  • Contact

    No. 7088, Shennan Boulevard
    26th Floor, China Merchants Bank Building
    Futian District, Guangdong Province
    Shenzhen 518040
    CHN

    T: +86 75583198888

    https://www.cmbchina.com

  • Sector

    Financial Services

    Stock type

    Cyclical

  • Industry

    Banks - Regional

    Fiscal Year End

    31 December 2024

    Employees

    116,529

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FTSE 100 8,076.15 31.34 0.39%
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SSE Composite Index 3,044.82 22.84 0.76%

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