China Merchants Bank 1H return on net assets 13.9%

China Merchants Bank 1H return on net assets 13.9%

China Merchants Bank (CMB) has reported a robust first-half performance, with a return on net assets (RoNA) of 13.9%. This impressive figure underscores the bank's strong operational efficiency and financial health. The results were driven by a combination of increased profitability and effective asset management [NUMBER:1].

Key highlights from the bank's performance include:

- Profitability: CMB's adjusted net profits for the first half of 2025 reached RMB 20.015 billion, aligning with the expectations set by China Merchants Securities [NUMBER:1].
- Cost Management: The bank has successfully implemented cost reduction and efficiency enhancement measures, contributing to its overall financial stability.
- Shareholder Returns: CMB's focus on shareholder returns, as highlighted in the research reports, has been a key driver of its stock performance.

The bank's strong performance is also reflected in the ratings and target prices set by various financial institutions. China Merchants Securities maintains a strong buy rating for CMB, with a target price that reflects the company's leadership in AI video players and short videos [NUMBER:1].

Investors and financial professionals should closely monitor CMB's ongoing efforts to optimize its product structure and reduce channel dependency, as these strategies are expected to drive long-term growth. Additionally, the bank's focus on AI + Cloud + Harmony + ERP strategy, as seen in the case of China Software International, could further enhance its competitive edge in the digital financial landscape [NUMBER:1].

References:

[1] https://news.futunn.com/en/post/61214348/hong-kong-stock-rating-summary-china-merchants-securities-maintains-strong