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Regional city commercial bank based in Xi'an, offering retail and corporate banking mainly in Shaanxi province.
Regional city commercial bank based in Xi'an, offering retail and corporate banking mainly in Shaanxi province.
Earns mostly from the gap between interest on loans and the cost of deposits, with lending concentrated in Xi'an and Shaanxi province, so results follow the local economy and property market. Local state-linked companies are among its larger shareholders.
In one line: A Chinese regional community bank.
Moat: narrow (regulatory licence, deposit franchise). Local deposit franchise and banking licence, though undifferentiated versus other city banks.
Headquarters: Xi'an, Shaanxi, China · Employees: 3,388
Size Bank of Xi'an (600928.SS) is a China Financials company (Major Banks) with a market value of $2.51B, the 1028th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.77 on 6 Nov 2026.
Performance Over six months the shares gained 2.2%, against +0.6% for the median peer and -16.4% for the China market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue grew 0.9% over the last twelve months (peer median +6.3%); the operating margin is 21.5% (peer median 31.2%).
Valuation It trades at 0.45× book value against a peer median of 0.95× (2nd cheapest of 21).
Price implies The share price implies a return on equity of about 2.6%; Bank of Xi'an delivers 7.8%, so the price asks less than the business earns today.
Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥20.2B | CN¥19.3B | CN¥18.1B | CN¥16.6B | CN¥15.0B |
| Revenue growth | — | +7% | +9% | +11% | — |
| Net income | CN¥2.81B | CN¥2.65B | CN¥2.56B | CN¥2.46B | CN¥2.42B |
| Free cash flow | CN¥9.40B | CN¥9.28B | CN¥9.05B | -CN¥243M | CN¥6.14B |
| Capital expenditure | CN¥38.1M | CN¥38.3M | CN¥56.7M | CN¥49.1M | CN¥40.2M |
| Total debt | CN¥137B | CN¥143B | CN¥108B | CN¥94.0B | CN¥86.8B |
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.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Bank of Xi'an 600928.SS | $2.51B | +2% | +1% | 8% | 0.45× | 2.6% |
| Bank of Chengdu 601838.SS | $12.8B | +5% | +2% | 15% | 0.92× | 3.1% |
| Bank of Ningbo 002142.SZ | $34.0B | +3% | +3% | 13% | 0.92× | 7.0% |
| Bank of Lanzhou 001227.SZ | $1.82B | -4% | 0% | 6% | 0.38× | 2.5% |
| Bank of Chongqing 601963.SS | $5.13B | +7% | +5% | 10% | 0.65× | 3.0% |
| Bank of Zhengzhou 002936.SZ | $2.01B | -3% | +1% | 3% | 0.34× | 2.6% |
| Bank of Guiyang 601997.SS | $3.20B | -3% | -5% | 7% | 0.32× | 2.0% |
| Bank of Changsha 601577.SS | $6.03B | 0% | -9% | 11% | 0.52× | 2.8% |
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.
| Measure | 600928.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +5.6% | -0.5% | 4th highest of 21 |
| 6-month return | +2.2% | +0.6% | 10th highest of 21 |
| Return on equity | 7.8% | 8.8% | 9th lowest of 21 |
| Price / book | 0.45× | 0.95× | 2nd cheapest of 21 |
| Trailing P/E | 6.0× | 11.1× | 2nd cheapest of 21 |
| ROE the price implies | 2.6% | 9.2% | least demanding of 20 |
| ROE delivered | 7.8% | 8.8% | 9th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Bank of Xi'an 600928.SS | China | $2.51B | +2% | +1% | 8% | 0.45× | 2.6% | 7.8% |
| BSP Financial BFL.AX | Australia | $2.53B | -5% | +7% | 25% | 2.12× | 10.5% | 24.5% |
| First Merchants FRME | United States | $2.56B | +1% | +8% | 8% | 0.97× | 9.2% | 7.8% |
| Banco BBVA Argentina SA Sponsored ADR BBAR | United States | $2.45B | -29% | +6% | 8% | 0.77× | 8.1% | 8.0% |
| Aichi Financial 7389.T | Japan | $2.40B | +3% | +31% | 8% | 0.81× | 6.5% | 7.8% |
| FB Financial FBK | United States | $2.66B | 0% | +27% | 12% | 1.39× | 12.3% | 11.9% |
| Tokyo Kiraboshi Financial 7173.T | Japan | $2.36B | -12% | +15% | 11% | 0.93× | 5.9% | 10.8% |
| NBT Bancorp NBTB | United States | $2.74B | +16% | +10% | 11% | 1.45× | 9.3% | 11.5% |
| OSB OSB.L | United Kingdom | $2.27B | +4% | -6% | 12% | 0.78× | 12.1% | 12.4% |
| Bandhan Bank BANDHANBNK.NS | India | $2.83B | -21% | +1% | 7% | 1.00× | 14.9% | 7.3% |
| Guangzhou Rural Commercial Bank 1551.HK | Hong Kong | $2.83B | -10% | -9% | 2% | 0.22× | 3.5% | 2.3% |
| Bladex BLX | United States | $2.19B | -7% | +4% | 14% | 1.05× | 9.3% | 14.5% |
| WaFd WAFD | United States | $2.18B | -17% | 0% | 8% | 0.81× | 8.1% | 8.5% |
| Central Bank of India CENTRALBK.NS | India | $2.93B | -18% | +8% | 12% | 0.67× | 10.9% | 12.0% |
| Awa Bank 8388.T | Japan | $2.15B | +94% | +23% | 5% | 0.80× | 5.3% | 4.7% |
| OFG Bancorp OFG | United States | $2.15B | +10% | +2% | 17% | 1.60× | 12.0% | 16.6% |
| Hyakugo Bank 8368.T | Japan | $2.98B | +4% | +29% | 6% | 0.85× | 8.0% | 6.4% |
| Seven Bank 8410.T | Japan | $2.09B | +28% | +3% | 6% | 1.41× | 5.7% | 6.3% |
| Shiga Bank 8366.T | Japan | $3.12B | +11% | +23% | 4% | 0.76× | 3.9% | 4.4% |
| BankUnited BKU | United States | $3.14B | -7% | -5% | 9% | 1.09× | 11.9% | 9.2% |
| Banque Cantonale de Geneve BCGE.SW | Switzerland | $3.17B | +12% | -3% | 10% | 1.01× | n/a | 9.9% |