Bank of America Securities published a research report that Wanzhou International's operating profit/net profit for the third quarter fell 30% and 45% year on year, respectively, and fell 12% and 13% year on year in the first nine months, respectively. Operating profit for the third quarter was generally in line with market expectations, while net profit fell short of expectations. In response to the reduction in US guidance, the bank cut earnings estimates per share by 7% and 3% in 2026 and 2027, and expects net profit to fall 18% year-on-year to US$1.3 billion in 2026. The bank expects the decline in earnings per share to continue until the first quarter of 2027, after which it may stabilize in the second quarter of 2027 due to lower Chinese and US bases. The bank believes that the stock price has declined by 22% since the third quarter, reflecting the downside risk of earnings per share; the market regards the stock as a dividend share. According to the bank's prudent estimation of the bank's recurring dividend of HK50 cents per share in 2026, compared with 61 HK cents in 2025, the payout ratio is about 63%, and the dividend ratio of about 8% is attractive. The bank reaffirmed its “buy” rating and lowered the target price from HK$8.5 to HK$8.1.

Bank of America Securities published a research report that Wanzhou International's operating profit/net profit for the third quarter fell 30% and 45% year on year, respectively, and fell 12% and 13% year on year in the first nine months, respectively. Operating profit for the third quarter was generally in line with market expectations, while net profit fell short of expectations. In response to the reduction in US guidance, the bank cut earnings estimates per share by 7% and 3% in 2026 and 2027, and expects net profit to fall 18% year-on-year to US$1.3 billion in 2026. The bank expects the decline in earnings per share to continue until the first quarter of 2027, after which it may stabilize in the second quarter of 2027 due to lower Chinese and US bases. The bank believes that the stock price has declined by 22% since the third quarter, reflecting the downside risk of earnings per share; the market regards the stock as a dividend share. According to the bank's prudent estimation of the bank's recurring dividend of HK50 cents per share in 2026, compared with 61 HK cents in 2025, the payout ratio is about 63%, and the dividend ratio of about 8% is attractive. The bank reaffirmed its “buy” rating and lowered the target price from HK$8.5 to HK$8.1.