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← CockpitCompetitor Analysis › 9677.HK Weihai Bank Co., Ltd. Class HOpen in the cockpit ↗

Weihai Bank Co., Ltd. Class H9677.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Financials›Regional Banks

Regional city commercial bank based in Weihai, Shandong, serving local retail and corporate customers.

≈ A small Chinese regional bankMomentum leader 95
Mkt cap
$2.70B
US dollars, full cap
Free float
3%
of shares outstanding
$/day
$585
20-day average traded
P/B
0.64×
price to book
ROE
9.2%
delivered
Implied ROE
4.5%
what the price asks
Next earnings
145 days
31 Mar 2027
Close · HKDHK$3.08
1Dn/a
1W+0.7%
1M+7.7%
3M+47.4%
6M+5.5%
YTD+7.7%
1Y+14.1%
ATR %1.1%
52w lowhigh7.8% off high

What Weihai Bank does

Regional city commercial bank based in Weihai, Shandong, serving local retail and corporate customers.

In one line: A small Chinese regional bank.

Products and services

  • Corporate lending
  • Retail banking/deposits

Customers

  • SMEs and retail customers in Weihai/Shandong

Where it sits in the supply chain

  • Financials
  • City commercial banking
  • Retail & corporate banking

What could go right

  • Local economic growth in Shandong

What could go wrong

  • Asset-quality risk
  • NIM compression

Moat: narrow (regulatory licence, distribution). Local banking licence and branch presence in its home city.

Headquarters: Weihai, China · Founded: 1997 · Employees: 3,934

Named competitors

Weihai Bank at a glance

Size Weihai Bank (9677.HK) is a Hong Kong Financials company (Regional Banks) with a market value of $2.70B, the 366th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$3.08 on 6 Nov 2026.

Performance Over six months the shares gained 5.5%, against +1.0% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 9th highest of 21 in its peer set.

Growth Revenue grew 6.2% over the last twelve months (peer median +0.4%); the operating margin is 37.7% (peer median 36.7%).

Valuation It trades at 0.64× book value against a peer median of 1.07× (6th cheapest of 21).

Price implies The share price implies a return on equity of about 4.5%; Weihai Bank delivers 9.2%, so the price asks less than the business earns today.

Next results Next results expected around 31 Mar 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 20269677.HK 105Peer median 101
Six months, rebased to 100: Weihai Bank against the median of its 20 peers (local-currency closes).

Weihai Bank financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$22.3BHK$21.2BHK$20.4BHK$19.5BHK$19.1B
Revenue growth—+4%+4%+2%—
Net incomeHK$2.76BHK$2.29BHK$1.93BHK$1.90BHK$1.97B
Free cash flowHK$14.2BHK$10.5BHK$5.93B-HK$2.54B-HK$13.1M
Capital expenditureHK$234MHK$1.47BHK$1.24BHK$2.42BHK$446M
Total debtn/aHK$133BHK$116BHK$100.0BHK$67.2B

Quarterly statements and history in the cockpit →

Weihai Bank 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%-10%0%+10%FBNC6011878358BOH28389889TRMKCUBIBBTBANRBANC1389308524VATN002958SYBT2356CMBNMBIN9677.HK6-month return →1-month return →
Up and to the right = strong over both horizons. Weihai Bank is the large dot.

Fundamentals: return on equity against price-to-book

7.5%10%12.5%15%0.50×10×1.50×20×FBNC6011878358BOH28389889TRMKCUBIBBTBANRBANC1389308524VATN002958SYBT2356CMBNFHBMBIN9677.HKReturn 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. Weihai Bank is the large dot.

Capital: ROE delivered against the ROE the price implies

0%5%10%15%0%5%10%15%FBNC6011878358BOH28389889TRMKCUBIBBTBANRBANC85240029582356CMBNMBIN9677.HKROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Weihai Bank is the large dot.

Weihai Bank competitors and peer comparison

Head to head with its named competitors (9677.HK vs 3866.HK vs 1578.HK vs 601665.SS)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
Weihai Bank 9677.HK$2.70B+5%+6%9%0.64×4.5%
Bank of Qingdao 3866.HK$4.84B+6%+12%14%0.57×6.1%
Bank of Tianjin 1578.HK$1.52B-22%-4%5%0.14×3.3%
Qilu Bank 601665.SS$6.02B+2%+1%12%0.75×3.2%
Bank of Zhengzhou 6196.HK$2.06B-14%-3%3%0.15×3.5%
Bank of Jiujiang 6190.HK$1.06B+55%-2%1%0.20×3.5%
Jinshang Bank 2558.HK$741M-31%-5%6%0.18×3.5%
Bank of Chongqing 1963.HK$5.11B+1%+10%10%0.41×4.2%

How Weihai Bank 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.

Weihai Bank against its 20 peers (data as of 6 Nov 2026)
Measure9677.HKPeer medianRank in peer set
1-month return+7.7%+0.1%4th highest of 21
6-month return+5.5%+1.0%9th highest of 21
Return on equity9.2%9.9%10th lowest of 21
Price / book0.64×1.07×6th cheapest of 21
Trailing P/E7.2×11.3×4th cheapest of 19
ROE the price implies4.5%8.1%7th least demanding of 19
ROE delivered9.2%9.9%9th lowest 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
Weihai Bank 9677.HKHong Kong$2.70B+5%+6%9%0.64×4.5%9.2%
First Bancorp FBNCUnited States$2.67B+10%+14%10%1.56×12.2%9.9%
Xiamen Bank 601187.SSChina$2.67B-13%0%10%0.63×3.2%10.0%
Suruga Bank 8358.TJapan$2.73B+10%+13%14%1.32×8.2%13.7%
Bank of Hawaii BOHUnited States$2.73B-13%+1%14%1.84×13.0%13.6%
Union Bank of Taiwan 2838.TWTaiwan$2.75B+2%-9%8%1.06×3.7%8.5%
Dongguan Rural Commercial Bank 9889.HKHong Kong$2.63B-14%0%7%0.29×3.7%6.6%
Trustmark TRMKUnited States$2.58B0%-4%11%1.25×9.6%11.2%
Customers Bancorp CUBIUnited States$2.82B+10%+8%14%1.29×14.7%13.6%
Beacon Financial BBTUnited States$2.57B+6%+74%9%1.02×7.9%9.1%
Banner BANRUnited States$2.55B+7%+2%10%1.20×10.1%10.0%
Banc of California BANCUnited States$2.86B-6%-14%0%1.00×8.6%-0.3%
BNK Financial 138930.KSSouth Korea$2.88B-31%+10%8%0.39×4.1%n/a
North Pacific Bank 8524.TJapan$2.50B+8%+25%7%1.02×8.1%7.1%
Valiant VATN.SWSwitzerland$2.93B-9%-11%6%0.86×n/a5.8%
Qingdao Rural Commercial Bank 002958.SZChina$2.47B-2%-9%8%0.41×2.5%7.9%
Stock Yards Bancorp SYBTUnited States$2.46B+10%+10%32%2.17×n/a32.4%
Dah Sing Banking 2356.HKHong Kong$2.45B+5%-8%8%0.53×5.5%7.5%
Cembra Money Bank CMBN.SWSwitzerland$3.03B-9%-3%15%1.93×4.1%14.7%
First Hawaiian FHBUnited States$3.04B-9%+1%10%1.08×9.3%9.9%
Merchants Bancorp MBINUnited States$2.38B+12%0%14%1.23×12.6%13.6%

Questions

Who are Weihai Bank's main competitors?
Named competitors: Bank of Qingdao (3866.HK), Bank of Tianjin (1578.HK), Qilu Bank (601665.SS), Bank of Zhengzhou (6196.HK), Bank of Jiujiang (6190.HK), Jinshang Bank (2558.HK). The cockpit's measured peer set (industry) also includes First Bancorp (FBNC), Xiamen Bank (601187.SS), Suruga Bank (8358.T), Bank of Hawaii (BOH), Union Bank of Taiwan (2838.TW), Dongguan Rural Commercial Bank (9889.HK).
Is Weihai Bank expensive compared with its peers?
On price / book it trades at 0.64× against a peer median of 1.07×, 6th cheapest of 21 in its peer set. The share price implies a return on equity of about 4.5%; Weihai Bank delivers 9.2%, so the price asks less than the business earns today.
How has Weihai Bank stock performed?
Over six months to 6 Nov 2026 the shares returned +5.5% against +1.0% for the median peer; over one year +14.1%.

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.