Loading…
← CockpitCompetitor Analysis › 002966.SZ Bank of Suzhou Co Ltd Class AOpen in the cockpit ↗

Bank of Suzhou Co Ltd Class A002966.SZCompetitor analysis, valuation and peers

China · CNY·Financials›Regional Banks

City commercial bank based in Suzhou, serving one of China's wealthiest manufacturing regions.

≈ A mid-sized Chinese regional bankMomentum leader 93
Mkt cap
$6.41B
US dollars, full cap
Free float
70%
of shares outstanding
$/day
$66.1M
20-day average traded
P/B
0.79×
price to book
ROE
10.9%
delivered
Implied ROE
2.8%
what the price asks
Next earnings
172 days
27 Apr 2027
Close · CNYCN¥9.56
1D+2.0%
1W-3.8%
1M+1.7%
3M+12.2%
6M+12.2%
YTD+15.3%
1Y+12.5%
ATR %3.0%
52w lowhigh4.0% off high

What Bank of Suzhou does

City commercial bank based in Suzhou, serving one of China's wealthiest manufacturing regions.

In one line: A mid-sized Chinese regional bank.

Products and services

  • Corporate lending
  • Retail banking/deposits
  • SME lending

Customers

  • Local manufacturers/exporters
  • Retail depositors
  • SMEs

Where it sits in the supply chain

  • Financials
  • Banking
  • Retail, corporate & SME banking

What could go right

  • Jiangsu manufacturing/export economy growth

What could go wrong

  • Local government debt exposure
  • Export-sector credit risk

Moat: narrow (regulatory licence, distribution). Branch density in an affluent, export-manufacturing hub supports a low-cost deposit base.

Headquarters: Suzhou, China · Founded: 1998 · Employees: 5,920

Named competitors

Bank of Suzhou at a glance

Size Bank of Suzhou (002966.SZ) is a China Financials company (Regional Banks) with a market value of $6.41B, the 389th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥9.56 on 6 Nov 2026.

Performance Over six months the shares gained 12.2%, against +3.8% for the median peer and -16.4% for the China market (cap-weighted) — 4th highest of 21 in its peer set.

Growth Revenue grew 4.6% over the last twelve months (peer median +5.0%); the operating margin is 49.9% (peer median 44.3%).

Valuation It trades at 0.79× book value against a peer median of 1.33× (3rd cheapest of 21).

Price implies The share price implies a return on equity of about 2.8%; Bank of Suzhou delivers 10.9%, so the price asks less than the business earns today.

Next results Next results expected around 27 Apr 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026002966.SZ 112Peer median 106
Six months, rebased to 100: Bank of Suzhou against the median of its 20 peers (local-currency closes).

Bank of Suzhou financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥25.9BCN¥24.2BCN¥25.0BCN¥23.5BCN¥22.1B
Revenue growth—-3%+6%+6%—
Net incomeCN¥5.71BCN¥5.03BCN¥4.84BCN¥4.49BCN¥3.92B
Free cash flowCN¥7.32BCN¥9.59BCN¥9.30BCN¥9.15BCN¥8.47B
Capital expenditureCN¥393MCN¥413MCN¥515MCN¥421MCN¥419M
Total debtCN¥271BCN¥236BCN¥206BCN¥182BCN¥158B

Quarterly statements and history in the cockpit →

Bank of Suzhou competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-10%0%+10%+20%-20%0%RILBA58388359GBCIUBSIBNP601577601665HOMBMILIDFCFIRSTB83345844HWC3234105830AUBANKOZKAUBABCB002966.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Bank of Suzhou is the large dot.

Fundamentals: return on equity against price-to-book

10%15%20%10×20×30×RILBA58388359GBCIUBSIBNP601577601665HOMBMILIDFCFIRSTB833458443234105830AUBANKOZKAUBABCB002966.SZReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Bank of Suzhou is the large dot.

Capital: ROE delivered against the ROE the price implies

0%10%20%30%40%0%20%40%RILBA58388359GBCIBNP601577601665HOMBMILIDFCFIRSTBHWCAUBANK002966.SZROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Bank of Suzhou is the large dot.

Bank of Suzhou competitors and peer comparison

Head to head with its named competitors (002966.SZ vs 600926.SS vs 002142.SZ vs 601665.SS)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
Bank of Suzhou 002966.SZ$6.41B+12%+5%11%0.79×2.8%
Bank of Hangzhou 600926.SS$18.6B-2%-3%14%0.86×3.0%
Bank of Ningbo 002142.SZ$34.0B+3%+3%13%0.92×7.0%
Qilu Bank 601665.SS$6.02B+2%+1%12%0.75×3.2%

How Bank of Suzhou compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Bank of Suzhou against its 20 peers (data as of 6 Nov 2026)
Measure002966.SZPeer medianRank in peer set
1-month return+1.7%+0.6%10th highest of 21
6-month return+12.2%+3.8%4th highest of 21
Return on equity10.9%10.5%10th highest of 21
Price / book0.79×1.33×3rd cheapest of 21
Trailing P/E7.6×13.1×3rd cheapest of 20
ROE the price implies2.8%9.6%least demanding of 21
ROE delivered10.9%10.7%10th highest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Bank of Suzhou 002966.SZChina$6.41B+12%+5%11%0.79×2.8%10.9%
Ringkjobing Landbobank A/S RILBA.CODenmark$6.44B+16%+2%20%3.58×10.2%20.5%
Rakuten Bank 5838.TJapan$6.36B-9%+38%22%2.55×8.1%21.5%
Hachijuni Nagano Bank 8359.TJapan$6.53B+6%+20%7%0.85×5.6%6.5%
Glacier Bancorp GBCIUnited States$6.27B-1%+21%9%1.45×11.2%8.8%
United Bankshares UBSIUnited States$6.57B+11%+4%9%1.20×9.7%9.4%
BNP Paribas Bank Polska Spolka Akcyjna BNP.WAPoland$6.65B+20%-8%16%1.59×14.8%16.2%
Bank of Changsha 601577.SSChina$6.03B0%-9%11%0.52×2.8%11.1%
Qilu Bank 601665.SSChina$6.02B+2%+1%12%0.75×3.2%12.2%
Home BancShares HOMBUnited States$5.97B+12%+2%11%1.31×10.2%11.1%
Bank Millennium MIL.WAPoland$7.04B+26%-2%16%2.80×38.0%15.6%
IDFC First Bank IDFCFIRSTB.NSIndia$7.05B+10%+13%6%1.35×24.3%6.3%
Gunma Bank 8334.TJapan$5.78B+11%+22%10%1.43×7.8%10.3%
Kyoto Financial Group,Inc 5844.TJapan$7.14B-11%+19%8%0.79×5.9%7.9%
Hancock Whitney HWCUnited States$5.73B+4%-1%9%1.34×12.2%9.4%
KakaoBank 323410.KSSouth Korea$7.28B-15%+6%7%1.46×8.5%n/a
Iyogin Holdings,Inc 5830.TJapan$5.61B-3%+13%8%0.91×8.2%7.8%
AU Small Finance Bank AUBANK.NSIndia$7.39B-10%+17%16%3.21×44.0%15.7%
Bank OZK OZKUnited States$5.53B+4%0%11%0.93×8.9%11.3%
Atlantic Union Bankshares AUBUnited States$5.51B+4%+21%11%1.09×9.5%10.7%
Ameris Bancorp ABCBUnited States$5.49B-5%+3%9%1.33×12.1%9.5%

Questions

Who are Bank of Suzhou's main competitors?
Named competitors: Bank of Hangzhou (600926.SS), Bank of Ningbo (002142.SZ), Qilu Bank (601665.SS). The cockpit's measured peer set (industry) also includes Ringkjobing Landbobank A/S (RILBA.CO), Rakuten Bank (5838.T), Hachijuni Nagano Bank (8359.T), Glacier Bancorp (GBCI), United Bankshares (UBSI), BNP Paribas Bank Polska Spolka Akcyjna (BNP.WA).
Is Bank of Suzhou expensive compared with its peers?
On price / book it trades at 0.79× against a peer median of 1.33×, 3rd cheapest of 21 in its peer set. The share price implies a return on equity of about 2.8%; Bank of Suzhou delivers 10.9%, so the price asks less than the business earns today.
How has Bank of Suzhou stock performed?
Over six months to 6 Nov 2026 the shares returned +12.2% against +3.8% for the median peer; over one year +12.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.