Side by sideICBC (1398.HK) and BOCHK (2388.HK)Memos of October 11, 2026 and October 15, 2026
ICBC vs BOCHK stock: the numbers side by side (October 2026)
How do ICBC and BOCHK compare?
| ICBC 1398.HK | BOCHK 2388.HK | |
|---|---|---|
| Revenue growth | 1.9%2025 | 8.4%2025 |
| Net interest margin | 1.3%2025 | 1.4%2025 |
| Return on equity | 9.5%2025 | 11.5%2025 |
| CET1 capital ratio | 13.6%2025 | 24.0%2025 |
| Dividend yield | 4.9%Today (Oct 11, 2026) | 4.2%Today (Oct 15, 2026) |
| P/E, last 12 months | 6.3xToday (Oct 11, 2026) | 12.8xToday (Oct 15, 2026) |
| P/E, next 12 months | 6.1xToday (Oct 11, 2026) | 12.1xToday (Oct 15, 2026) |
| Weighted price forecast, about 1 year | 7.25 (+1 %)October 2027 | 48.31 (-0 %)October 2027 |
| Weighted price forecast, about 3 years | 8.04 (+22 %)October 2029 | 50.54 (+13 %)October 2029 |
Who leads on what?
| Leads | The lead is | |
|---|---|---|
| Revenue growth | BOCHK | The higher figure |
| Net interest margin | BOCHK | The higher figure |
| Return on equity | BOCHK | The higher figure |
| CET1 capital ratio | BOCHK | The higher figure |
| Dividend yield | ICBC | The higher figure |
| P/E, last 12 months | ICBC | The lower figure |
| P/E, next 12 months | ICBC | The lower figure |
| Weighted price forecast, about 1 year | ICBC | The higher weighted return |
| Weighted price forecast, about 3 years | ICBC | The higher weighted return |
What does each company do?
Industrial and Commercial Bank of China Limited (ICBC) is a state-controlled bank for households, companies and institutions.
ICBC (1398.HK), from our memo of October 11, 2026 · ICBC stock forecast
BOCHK serves households, businesses and institutions with deposits, loans, payments, investments, insurance and cross-border banking.
BOCHK (2388.HK), from our memo of October 15, 2026 · BOCHK stock forecast