Ping An Bank Co. (000001.SZ) Earnings Review: Largely In Line; Continued Improvement in Retail Asset Quality with Focus on Wealth Management and Shareholder Returns Upside 000001.SZ 12m Price Target: Rmb11.82 Price: Rmb11.11 Upside: 6.4% PAB reported 2Q26/1H26 revenue of Rmb 35.3bn/Rmb 70.6bn and net profit of Rmb 11.2bn/Rmb 25.7bn, -1%/+2% and +4%/+3% yoy, respectively. Overall, results were broadly in line with our expectations. The modest earnings beat vs. GSe was primarily driven by lower-than-expected ...