Bank Of Ningbo Co Ltd

002142

Company Profile

  • Business description

    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 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%, 22%, 4.6%, 3.9%, and 4.2%, respectively, to total loans in 2023. 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 end-2023.

  • Contact

    No. 345, Ningdong Road
    Yinzhou District, Zhejiang Province
    Ningbo315100
    CHN

    T: +86 57487050028

    https://www.nbcb.com.cn

  • Sector

    Financial Services

    Stock type

    Cyclical

  • Industry

    Banks - Regional

    Fiscal Year End

    31 December 2025

    Employees

    29,209

Stocks News & Analysis

video

What does the RBA rate cut mean for investors?

Morningstar's Chief Investment Officer for Asia-Pacific and Director of Personal Finance share their thoughts on the recent RBA rate cut.
stocks

Insights from reporting season: So far, so good

We’ve upgraded our fair value estimate for 29 companies, or 40% of those that have reported thus far.
stocks

3 cheap ASX stocks owned by top rated funds

Our analysts think these companies are undervalued and their shares appear to have the stamp of approval from highly rated managers.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,570.9030.80-0.36%
CAC 408,154.5131.930.39%
DAX 4022,287.5627.09-0.12%
Dow JONES (US)43,428.02748.63-1.69%
FTSE 1008,659.373.60-0.04%
HKSE23,477.92900.943.99%
NASDAQ19,524.01438.36-2.20%
Nikkei 22538,776.9498.900.26%
NZX 50 Index12,752.58127.78-0.99%
S&P 5006,013.13104.39-1.71%
S&P/ASX 2008,296.2026.60-0.32%
SSE Composite Index3,379.1128.330.85%

Market Movers