NOAH HOLDINGS (NOAH) Company Report

Analyst Coverage

Research analysts who have asked questions during NOAH HOLDINGS earnings calls.

Peter Zhang

JPMorgan Chase & Co.

6 questions for NOAH

Also covers: FUTU

Calvin Wang

Citigroup

2 questions for NOAH

Helen

UBS Group AG

2 questions for NOAH

Helen Li

UBS

2 questions for NOAH

Xian Zhong’en

CICC

2 questions for NOAH

Chiyao Huang

Morgan Stanley

1 question for NOAH

Also covers: FUTU, LU, QFIN

Heqing (Helen) Li

UBS Group AG

1 question for NOAH

Nanxin Peter Zhao

JPMorgan Chase & Co.

1 question for NOAH

Latest news

Recent press releases and 8-K filings for NOAH.

Noah Holdings Limited Reports Share Repurchase Activity

NOAH

Share Buyback

Noah Holdings Limited reported share repurchases for cancellation on the New York Stock Exchange, with activity spanning from December 23, 2025, to February 4, 2026.
On February 4, 2026, the company repurchased 152,185 ordinary shares at a weighted average price of $2.309 per ordinary share.
Cumulatively, from December 23, 2025, to January 30, 2026, 2,971,815 ordinary shares were repurchased for cancellation at weighted average prices between $1.975 and $2.380 per ordinary share.
As of February 4, 2026, a total of 3,427,670 shares have been repurchased under the mandate, accounting for 1.036% of the issued shares at the mandate's inception.

1 day ago

6-K

Noah Holdings Limited Reports Share Repurchases

NOAH

Share Buyback

Noah Holdings Limited repurchased 151,485 ordinary shares on the New York Stock Exchange on February 3, 2026, at US$2.335 per share, for a total of US$353,762.92.
This repurchase is part of a mandate granted on June 12, 2025, which authorized the repurchase of 33,077,814 shares.
As of February 3, 2026, a total of 3,275,485 shares have been repurchased under this mandate, representing 0.99% of the issued shares as of the mandate date.
The company's total issued shares remained at 335,258,287 as of February 3, 2026.
A moratorium on new share issues or sales/transfers of treasury shares is in effect until March 5, 2026.

2 days ago

6-K

Noah Holdings Limited Discloses Share Repurchase Activity

NOAH

Share Buyback

Noah Holdings Limited reported share repurchase activities, with the latest transaction occurring on February 2, 2026.
On February 2, 2026, the company repurchased 152,185 ordinary shares (equivalent to 30,437 ADSs) on the New York Stock Exchange at a weighted average price of US$2.360 per share.
As of February 2, 2026, the total number of shares repurchased under the mandate granted on June 12, 2025, reached 3,124,000 ordinary shares, representing 0.944% of the issued shares at the mandate date.
A moratorium on new share issues, sales, or transfers of treasury shares is in effect until March 4, 2026.

3 days ago

6-K

Noah Holdings Limited Details Recent Share Repurchases

NOAH

Share Buyback

Noah Holdings Limited filed a 6-K report on February 2, 2026, disclosing share repurchases made on the New York Stock Exchange.
The company repurchased ordinary shares for cancellation under a mandate granted on June 12, 2025.
From December 23, 2025, to January 30, 2026, a total of 2,971,815 ordinary shares were repurchased, representing 0.898% of issued shares as of January 30, 2026.
The total number of shares authorized for repurchase under the mandate is 33,077,814.

5 days ago

6-K

Noah Holdings Limited Details Recent Share Repurchases

NOAH

Share Buyback

Noah Holdings Limited filed a Form 6-K on January 20, 2026, detailing recent share repurchases.
On January 15, 2026, the company repurchased 123,580 ordinary shares at a price of $2.242 per share, totaling $277,125.68.
An additional 127,805 ordinary shares were repurchased on January 16, 2026, at $2.255 per share, with an aggregate cost of $288,230.95.
These repurchases are part of a mandate granted on June 12, 2025, authorizing the repurchase of up to 33,077,814 shares.
As of January 16, 2026, a total of 1,690,615 shares, representing 0.511% of the issued shares at the mandate date, have been repurchased under this program.

Jan 20, 2026, 11:09 AM

6-K

Noah Holdings Limited Reports Recent Share Repurchases

NOAH

Share Buyback

Noah Holdings Limited reported share repurchases on the New York Stock Exchange in late December 2025 and early January 2026.
On January 9, 2026, the company repurchased 123,575 ordinary shares at a weighted average price of US$2.185 per share.
These repurchases are part of a mandate granted on June 12, 2025, which authorized the repurchase of 33,077,814 shares.
As of January 9, 2026, a total of 1,055,815 shares have been repurchased under this mandate, representing 0.319% of the issued shares as of the mandate date.

Jan 12, 2026, 11:13 PM

6-K

Noah Holdings Grants RSUs and Provides Legal Proceedings Update

NOAH

Executive Compensation

Legal Proceedings

Noah Holdings granted 20,000 Restricted Share Units (RSUs), representing 200,000 underlying Shares (or 40,000 ADSs), to two employee participants on December 20, 2025 (U.S. Eastern Time), with the ADSs valued at US$9.82 each.
On December 18 and 19, 2025, Noah Holdings' consolidated affiliated entity, Shanghai Gopher, received arbitration awards in 16 independent cases related to Camsing Credit Funds, ordering it to compensate investors for 70% of their principal investments, totaling approximately RMB36.5 million.
As of December 21, 2025, the company's total issued ordinary shares increased to 332,551,407 following the issuance of 865,000 new ordinary shares due to RSU vestings from the 2025 and 2024 grants.

Dec 22, 2025, 11:02 AM

6-K

Noah Holdings Hosts Global Black Diamond Summit, Unveils AI Initiatives

NOAH

Product Launch

New Projects/Investments

Noah Holdings hosted its Black Diamond Summit in Macau from December 7-11, 2025, under the theme "AI Together, Co-Generating the Future," bringing together over 3,000 clients and partners.
At the Summit, Noah unveiled "Noya," an AI Relationship Manager now available through its upgraded iARK Hong Kong and Singapore apps, designed to enhance client experience with "human expertise with AI algorithmic power".
The company introduced an integrated, AI-driven global wealth infrastructure built upon three core pillars: Olive (Asset Management), Glory (Family Governance), and ARK (Global Booking & Wealth Execution Center).
Noah Holdings, founded in 2005, is a dual-listed wealth management service provider for global Chinese high-net-worth investors, managing over RMB 1 trillion in allocated assets.

Dec 11, 2025, 3:19 AM

Press Release

Noah Holdings Reports November 2025 Share Movements

NOAH

Share Buyback

Legal Proceedings

Noah Holdings Limited reported a net decrease of 5,968,411 in total issued shares for the month ended November 30, 2025, resulting in 331,686,407 total issued shares.
This reduction was primarily driven by the cancellation of 6,762,680 treasury shares on November 21, 2025, which were American Depositary Shares (ADSs) repurchased between December 2, 2024, and May 28, 2025.
Concurrently, the company issued 794,269 new ordinary shares on November 13, 2025, under its Restricted Share Unit (RSU) Plan as part of settlement agreements related to the Camsing Incident.

Dec 4, 2025, 11:18 AM

6-K

Noah Holdings Reports Q3 2025 Earnings with Strong Profitability and Overseas Growth

NOAH

Earnings

New Projects/Investments

Noah Holdings reported Q3 2025 net revenues of RMB 632.9 million (US$88.9 million), a 7.4% year-over-year decline, but non-GAAP net income significantly increased by 52.2% year-over-year to RMB 229.1 million (US$32.2 million), driven by a 6.5% year-over-year reduction in total operating expenses for the first three quarters.
The company's overseas business demonstrated strong momentum, with overseas net revenue accounting for 49.1% of total net revenue, and overseas Assets Under Administration (AUA) reaching US$9.3 billion (a 6.8% year-over-year increase) and Assets Under Management (AUM) rising 5.3% year-over-year to US$5.9 billion. Noah also completed its global operational system by establishing its fourth booking center in the US after obtaining a broker-dealer license.
Noah is accelerating its AI integration, implementing an "AI Wealth Advisor + AI Operations System" plan, launching "Noya" as an AI financial advisor in its iARK app, and establishing two new AI-focused business units.
Client engagement strengthened, with total active clients growing 35.5% year-over-year, and the aggregate value of investment products distributed increasing 19.1% year-over-year to RMB 17.0 billion (US$2.4 billion), with one-time commissions from investment products growing 85.2% year-over-year.