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Agricultural Bank of China LimitedSEHK:1288 Stock Report

Market Cap HK$2.7t
Share Price
HK$5.88
HK$7.75
24.2% undervalued intrinsic discount
1Y5.9%
7D1.2%
1D
Portfolio Value
View

Agricultural Bank of China Limited

SEHK:1288 Stock Report

Market Cap: HK$2.7t

Agricultural Bank of China (1288) Stock Overview

Provides banking products and services. More details

1288 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends5/6

1288 Community Fair Values

Create Narrative

See what 35 others think this stock is worth. Follow their fair value or set your own to get alerts.

Agricultural Bank of China Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Agricultural Bank of China
Historical stock prices
Current Share PriceHK$5.88
52 Week HighHK$6.41
52 Week LowHK$5.05
Beta0.17
1 Month Change-2.49%
3 Month Change14.62%
1 Year Change5.95%
3 Year Change94.06%
5 Year Change115.38%
Change since IPO79.82%

Recent News & Updates

Narrative Update Jun 02

1288: Steady Dividend Payout Will Support Higher Future P/E

Analysts have slightly reduced their HK$ price target for Agricultural Bank of China. This reflects a small adjustment to fair value, a marginally higher discount rate, stronger assumed revenue growth, a slightly lower profit margin and a modestly lower future P/E.
Narrative Update Apr 28

1288: Dividend Policy And Lower Discount Rate Will Support Higher P/E

Analysts have trimmed their HK$ price target for Agricultural Bank of China, reflecting a slightly lower fair value and discount rate, along with updated assumptions on revenue growth, profit margin and future P/E. What's in the News A board meeting on 29 April 2026 will discuss results for the first quarter ended 31 March 2026, which may provide fresh detail on recent operating trends (Key Developments).

Recent updates

Narrative Update Jun 02

1288: Steady Dividend Payout Will Support Higher Future P/E

Analysts have slightly reduced their HK$ price target for Agricultural Bank of China. This reflects a small adjustment to fair value, a marginally higher discount rate, stronger assumed revenue growth, a slightly lower profit margin and a modestly lower future P/E.
Narrative Update Apr 28

1288: Dividend Policy And Lower Discount Rate Will Support Higher P/E

Analysts have trimmed their HK$ price target for Agricultural Bank of China, reflecting a slightly lower fair value and discount rate, along with updated assumptions on revenue growth, profit margin and future P/E. What's in the News A board meeting on 29 April 2026 will discuss results for the first quarter ended 31 March 2026, which may provide fresh detail on recent operating trends (Key Developments).
Narrative Update Apr 14

1288: Dividend Plans And Governance Moves Will Support Measured Share Outlook

Analysts have trimmed their price target for Agricultural Bank of China to HK$6.20 from HK$6.45, citing updated assumptions for slightly lower profit margins, a modestly adjusted discount rate, a revised forward P/E of about 7.4x, and refreshed views on revenue growth. What's in the News The board has proposed a final cash dividend of RMB 1.300 (tax inclusive) for each ten shares, covering 349,983,033,873 ordinary shares for the year ended 31 December 2025, with a total planned payout of about RMB 45.498b, subject to approval (Key Developments).
Narrative Update Mar 31

1288: Lower Profitability Outlook Will Likely Keep Shares Under Pressure

Analysts have slightly reduced their HK$ price target for Agricultural Bank of China, citing updated assumptions that include a revised fair value estimate, an adjusted discount rate, higher projected revenue growth, a lower profit margin outlook, and a reduced future P/E multiple. What's in the News Board meeting scheduled for Mar 30, 2026 to review and approve the annual results for the year ended Dec 31, 2025; to consider a final dividend and the 2025 Profit Distribution Plan; to review changes to the Audit Committee membership; and to consider a proposal to convene the 2026 First Extraordinary Shareholders' Meeting (Key Developments).
Narrative Update Mar 17

1288: Lower Discount Rate And Board Actions Will Support Higher P/E

Analysts have increased their HK$ fair value estimate for Agricultural Bank of China from about HK$7.45 to around HK$8.16, citing updated assumptions on discount rates, revenue growth, profit margins and future P/E levels. What's in the News A board meeting is scheduled for Feb 13, 2026 to review the 2026 fixed assets investment budget, which can influence how much the bank plans to spend on long-term projects and infrastructure (Key Developments).
Narrative Update Mar 03

1288: Board Actions On Dividends And Governance Will Support Undervalued Shares

Analysts have nudged their HK$ fair value estimate for Agricultural Bank of China slightly higher to HK$6.45 from HK$6.41, reflecting modest tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Board meeting scheduled for Feb 13, 2026 to review the bank's 2026 fixed asset investment budget and consider related capital allocation decisions (Key Developments).
Narrative Update Feb 17

1288: Dividend Policy And Governance Changes Will Support Stronger Outlook Into 2026

Analysts have increased their HK$ fair value estimate for Agricultural Bank of China from HK$6.33 to HK$6.41, reflecting slight adjustments to assumptions for the discount rate, profit margin, revenue growth, and forward P/E multiple. What's in the News Board meeting set for Feb 13, 2026 to review the 2026 fixed assets investment budget, consider appointing WANG Zhiheng as chief compliance officer, adjust board committee memberships, decide on the 2025 to 2026 dividend payment scheme for the second tranche of preference shares, and handle other business items (Key Developments).
Narrative Update Feb 02

1288: Dividend And Governance Actions Will Support Stronger Outlook Into 2026

Analysts have nudged their fair value estimate for Agricultural Bank of China slightly higher to reflect small adjustments in the discount rate, profit margin assumptions, and a marginally higher future P/E. Together, these factors support a modest upward move in their price target.
Narrative Update Jan 19

1288: Dividend Policy And Governance Decisions Will Support Positive 2025 Outlook

Analysts have slightly reduced their price target for Agricultural Bank of China to reflect a marginally lower fair value estimate, along with small adjustments to discount rate, revenue growth, profit margin, and forward P/E assumptions. What's in the News Board meeting scheduled for 26 Dec 2025 to review 2024 remuneration for directors and senior management, and to consider updated Terms of Reference for the Audit Committee (Key Developments).
Narrative Update Jan 05

1288: Dividend Plans And Governance Reviews Will Shape Balanced 2025 Outlook

Analysts have nudged their price target on Agricultural Bank of China slightly higher to reflect a fair value of ¥6.36 versus the prior ¥6.31, citing small adjustments to discount rate assumptions, revenue growth expectations, profit margin outlook, and forward P/E estimates. What's in the News Board meeting scheduled for Dec 26, 2025 to review 2024 remuneration for directors and senior management, and to consider the terms of reference of the audit committee, indicating upcoming decisions on governance and pay structures (Key Developments).
Narrative Update Dec 16

1288: Dividend And Bond Plans Will Likely Leave Shares Looking Vulnerable

Agricultural Bank of China’s consensus analyst price target has edged higher by approximately $0.01, as analysts incorporate slightly faster expected revenue growth and a lower discount rate that more than offset marginally softer profit margin and valuation assumptions. What's in the News The board approved an interim cash dividend for 2025 of RMB 1.195 per ten ordinary shares, to be paid in RMB or HKD equivalent, with H share payments expected on 26 January 2026 and A share payments on 15 December 2025 (company disclosure).
Narrative Update Dec 01

1288: Upcoming Dividend and Board Meetings Will Define 2025 Outlook

Analysts have slightly increased their price target for Agricultural Bank of China from ¥6.24 to ¥6.31, citing marginal improvements in fair value assessments and updated discount rate calculations. What's in the News The interim cash dividend for 2025 will be RMB 1.195 per ten ordinary shares.
Narrative Update Nov 17

1288: Future Profit Margins And Reduced Discount Rate Signal Balanced Outlook

Analysts have raised their price target for Agricultural Bank of China from ¥6.06 to ¥6.24, citing improved profit margins and a slightly reduced discount rate as key factors supporting a more optimistic outlook. What's in the News Special/Extraordinary Shareholders Meeting scheduled for November 28, 2025 at the headquarters in Beijing (Key Developments) Board Meeting on October 30, 2025 to consider and approve third quarter results for the period ended September 30, 2025 (Key Developments) Board Meeting held on September 22, 2025 (Key Developments) Board Meeting on August 29, 2025 to discuss 2025 interim results and consider interim dividend payment for the first half of the year (Key Developments) Valuation Changes Fair Value per share has increased modestly from ¥6.06 to ¥6.24.
Narrative Update Nov 02

1288: Revenue Outlook And Margin Trends Will Shape Performance Amid Digital Transition

Analysts have raised their price target for Agricultural Bank of China from ¥5.86 to ¥6.06, citing slightly improved revenue growth expectations. This increase comes despite minor adjustments to profit margin and valuation metrics.
Narrative Update Oct 17

China's Rural Revitalization And Digital Transition Will Create Opportunities

Analysts have slightly reduced their price target for Agricultural Bank of China from HK$5.93 to HK$5.86. They cite updated expectations for stable loan quality and favorable policy support in the sector.
Narrative Update Sep 16

China's Rural Revitalization And Digital Transition Will Create Opportunities

The consensus analyst price target for Agricultural Bank of China has been modestly raised to HK$5.93, reflecting growing confidence in a soft economic landing, improved loan quality, and supportive policy tailwinds. Analyst Commentary Increased likelihood of a soft economic landing supporting bank stock re-rating.
Narrative Update Sep 01

County Loans And Fintech Investments Will Strengthen Future Performance

An improved revenue growth outlook and a higher future P/E multiple have driven the consensus analyst price target for Agricultural Bank of China up from HK$5.67 to HK$5.79. What's in the News Board meeting scheduled to consider 2025 interim results and potential interim dividend.
User avatar
New Narrative Nov 07

Strategic Innovations And Rural Expansion Fuel Bank's Growth Potential

Rural economy focus and digital transformation enhance potential revenue growth and operational efficiency, supporting increased net margins.

Shareholder Returns

1288HK BanksHK Market
7D1.2%1.7%-3.2%
1Y5.9%10.2%3.3%

Return vs Industry: 1288 underperformed the Hong Kong Banks industry which returned 10.2% over the past year.

Return vs Market: 1288 exceeded the Hong Kong Market which returned 3.3% over the past year.

Price Volatility

Is 1288's price volatile compared to industry and market?
1288 volatility
1288 Average Weekly Movement3.0%
Banks Industry Average Movement3.2%
Market Average Movement7.4%
10% most volatile stocks in HK Market16.0%
10% least volatile stocks in HK Market3.5%

Stable Share Price: 1288 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1288's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1951457,835Zhiheng Wangwww.abchina.com.cn

Agricultural Bank of China Limited, together with its subsidiaries, provides banking products and services. The company operates through Corporate Banking, Personal Banking, Treasury operations, and Others segments. The Corporate Banking segment offers corporate loans and advances, trade finance, deposit products, corporate wealth management services, and other corporate intermediary services.

Agricultural Bank of China Limited Fundamentals Summary

How do Agricultural Bank of China's earnings and revenue compare to its market cap?
1288 fundamental statistics
Market capHK$2.66t
Earnings (TTM)HK$320.66b
Revenue (TTM)HK$695.07b
6.4x
P/E Ratio
0.6x
P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1288 income statement (TTM)
RevenueCN¥600.89b
Cost of RevenueCN¥0
Gross ProfitCN¥600.89b
Other ExpensesCN¥323.68b
EarningsCN¥277.21b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.79
Gross Margin100.00%
Net Profit Margin46.13%
Debt/Equity Ratio182.0%

How did 1288 perform over the long term?

See historical performance and comparison

Dividends

4.9%
Current Dividend Yield
31%
Payout Ratio

Does 1288 pay a reliable dividends?

See 1288 dividend history and benchmarks
When do you need to buy 1288 by to receive an upcoming dividend?
Agricultural Bank of China dividend dates
Ex Dividend DateMay 04 2026
Dividend Pay DateJun 16 2026
Days until Ex dividend38 days
Days until Dividend pay date5 days

Does 1288 pay a reliable dividends?

See 1288 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/11 09:35
End of Day Share Price 2026/06/11 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Agricultural Bank of China Limited is covered by 44 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Meizhi YanBarclays
Wei HouBernstein
Yi WuBofA Global Research