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BOCI Slightly Adds ICBC (01398.HK) TP to HKD9.22, Maintains Buy
2026-05-05 11:27:23
BOCI published a report on ICBC (01398.HK), which logged a net profit growth of 3.3% YoY in 1Q26, topping the broker's forecast, compared with a YoY growth of 1.9% in 4Q25. NIM for 1Q26 was 1.29%, compared with 1.28% in 2025.

The broker noted that ICBC's asset quality remained solid and its valuation is still attractive. The TP was slightly raised from HKD9.21 to HKD9.22, with the Buy rating maintained.
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AASTOCKS Financial News
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