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China Merchants Bank Co., Ltd. (CIHKY) Q4 2025 Earnings Call Transcript

Seeking Alpha
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China Merchants Bank held its Q4 2025 earnings call on March 29, 2026, led by Chairman Miao Jianmin and CEO Liang Wang, presenting annual results to investors and analysts via hybrid offline-online format. Executives including CFO Jiawen Peng and CIO Tianhong Zhou joined the call, alongside non-executive and independent directors, signaling high-level engagement in financial disclosures and strategic discussions. The bank emphasized transparency, releasing 2025 annual results ahead of the call, with leadership addressing performance metrics, risk management, and operational updates during the two-part session. Analysts from Morgan Stanley, UBS, Goldman Sachs, and other major firms participated, reflecting strong institutional interest in the bank’s financial health and future outlook amid evolving market conditions. The event underscored the bank’s commitment to stakeholder communication, with senior leaders directly engaging with global investors and media representatives.
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SA Transcripts159.16K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call China Merchants Bank Co., Ltd. (CIHKY) Q4 2025 Earnings Call March 29, 2026 9:30 PM EDT Company Participants Xia YangfangJianmin MiaoYing Wang - Executive Vice PresidentTianhong Zhou - Chief Information OfficerLiang Wang - President, CEO & Executive DirectorJiawen Peng - Executive VP, CFO & Joint Company SecretaryXu Mingjie Conference Call Participants Richard Xu - Morgan Stanley, Research DivisionMeizhi Yan - UBS Investment Bank, Research DivisionJia Wei Lam - HSBC Global Investment ResearchZhu ChenxiShuo Yang - Goldman Sachs Group, Inc., Research DivisionShuaishuai Zhang - China International Capital Corporation Limited, Research DivisionFeifei Xiao - Citic Securities Co., Ltd., Research DivisionLincoln YuLeon Qi - CLSA Limited, Research Division Presentation Xia Yangfang Dear investors, analysts, friends from the media, good morning. CMB 2025 Annual Result announcement will now begin. I am Head of the Office of the Board of Directors of China Merchants Bank, Xia Yangfang. We have released the 2025 annual results last Friday. And this conference will be carried out both offline and online webcasting. Now please allow me to introduce the attendee of today's on-site meeting. Sitting on the podium, they are Mr. Miao Jianmin, Chairman; Mr. Wang Liang, President; Mr. Peng Jiawen, Executive Vice President, CFO and Secretary of the Board of Directors; Mr. Xu Mingjie, Executive Vice President and Chief Risk Officer; Mr. Zhou Tianhong, Chief Information Officer. Joining on-site and online, we also have Non-Executive Director, Mr. Zhu Liwei; Independent Director, Mr. Tian Hongqi, Mr. Li Chaoxian, Ms. Li Jian, Mr.

Wong Yuk Shan, and Mr. Lu Liping, and also relevant Heads of Department of CMB. On behalf of CMB, I would like to extend a warm welcome to your participation, and thank you for your long attention, support and investment in CMB. Today's meeting will have 2 sessions. One, we will invite Mr. Miao, Mr. Wang to introduce the bank's

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