Bank Of Ningbo Co Ltd Class A 002142

Stock XSHE Rating as of Sep 30, 2026

CN¥35.43 +0.62 (1.78%)

As of Sep 30, 2026, 7:00:04 AM Delayed Price Closed

Company Report

BONB's Fee Income Recovery Remains Strong

Iris Tan Apr 28, 2026

Bank of Ningbo, or BONB, boasts some of the best profitability metrics among peers and above-peer growth over the past decade, due to a differentiated business strategy and extensive branch network in the most affluent areas in China.

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Price vs Fair Value

View History

002142 is trading at a LOCK|M<cwNy premium.

Price

CN¥35.43

Sep 30, 2026

Fair Value

Apr 28, 2026

Uncertainty

LOCK|LD?

1-Star Price: rf<
5-Star Price: @hP
Economic Moat: LOCK|Gv
Capital Allocation: LOCK|^^Tl$<

Bulls Say, Bears Say

Bulls

BONB’s exposure to local government debt risks is low, as its key operating regions have strong fiscal positions with fiscal revenue mainly coming from taxes instead of land sales.

Bears

The weakening foreign trade sector is likely to adversely affect credit demand and repayment capabilities of BONB’s SME customers, as the US and EU are the top two trading partners of Ningbo.

Trading Information

Previous Close Price: CN¥34.81
Day Range: CN¥34.60–35.66
52-Week Range: CN¥26.01–36.03
Bid/Ask: CN¥35.43 / CN¥35.44
Shares Outstanding: 6.60B
Market Cap: CN¥233.97B
Volume/Avg: 29M / 31M

Key Statistics

Price/Earnings (Normalized): 7.76
Price/Sales: 3.18
Dividend Yield (Trailing): 3.39%
Dividend Yield (Forward): 3.39%
Dividend Payment Schedule: Jul, Dec
Total Yield: 3.39%

Company Profile

Bank of Ningbo is the fifth largest city commercial bank in China by total assets. Established in 1997 and listed on the Shenzhen Exchange in 2007, the bank has a headquartered in Ningbo, a vice-provincial city in Zhejiang province. It has a differentiated positioning in the SME and nonmortgage retail loan business. The bank has established 16 branches in Zhejiang Province, Jiangsu Province, Shanghai, Beijing, and Guangdong Province. These regions contributed about 64%, 23%, 4%, 3%, and 4%, respectively, to total loans in the first half of 2025. It has a diversified shareholding structure, with SASAC of Ningbo Municipal Government, Singapore’s OCBC Bank, and Youngor Group holding 18.7%, 18.7%, and 10% of the shares, respectively, as of September 2025.

Sector: Financial Services
Industry: Banks - Regional
Stock Style Box: Large Value
Total Number of Employees: 24,857
Website: https://www.nbcb.com.cn

Competitors

Valuation

Metric	002142	601998	600036
Price/Earnings (Normalized)	7.76	7.50	7.14
Price/Book Value	0.96	0.68	0.91
Price/Sales	3.18	2.50	3.19
Price/Cash Flow	8.67	3.73	11.55

Price/Earnings

002142

601998

600036

Financial Strength

Metric	002142	601998	600036
Quick Ratio	—	—	—
Current Ratio	—	—	—
Interest Coverage	—	—	—

Quick Ratio

No chart available

Profitability

Metric	002142	601998	600036
Return on Assets (Normalized)	0.85%	0.72%	1.15%
Return on Equity (Normalized)	13.69%	10.00%	13.77%
Return on Invested Capital (Normalized)	—	—	—

Return on Assets