Express News | Insurance appeared as the top ten tradable shareholders with 466 individual shares in the first quarter
Express News | Insurance appeared as the top ten tradable shareholders with a total of 521 individual shares in the fourth quarter
Zhongtai Securities released a research report on April 24 stating that Ping An Bank (000001.SZ) was given an increase in holdings rating. The main reasons for the rating include: 1) Ping An Bank's 1Q24 revenue -14.0% year-on-year, mainly a drag on intere
Zhongtai Securities released a research report on April 24 stating that Ping An Bank (000001.SZ) was given an increase in holdings rating. The main reasons for the rating include: 1) Ping An Bank's 1Q24 revenue -14.0% year-on-year, mainly a drag on interest income; 2) net profit remained stable, +2.3% year-on-year; 3) net interest income for the single quarter was -5.6% month-on-month, and the annualized net interest spread for the single quarter decreased by 10bp to 2.01% month-on-month. Asset-side returns declined 9 bps month-on-month, and debt-side costs rose 2 bps month-on-month; 4) Asset and liability growth rate and structure: restructuring continued, and new loans were mainly supported by the public; 5) Net non-interest income: lots
Ping An Bank (000001): Net profit increased 2.3% year on year; restructuring continued, provision released profit growth stabilized
Ping An Bank's 1Q24 revenue was -14.0% year-on-year, mainly driven by interest income; net interest income was -21.7% YoY (-9.3% YoY in 2023). The slowdown in growth was also affected by the narrowing of interest spreads and the slowdown in credit growth
Express News | The national team appeared as the top ten tradable shareholders with 26 individual shares in the first quarter
Express News | 660 A-share companies have disclosed quarterly reports, and 177 companies' net profit increased by more than 50%
Express News | Green Finance Scan of Listed Banks: Rapid Credit Growth and Continued Enrichment of Product Lines
Beishui raised nearly HK$800 million from Tencent and sold HSBC Holdings worth nearly HK$400 million; Nanshui added a warehouse of nearly 900 million yuan to Kweichow Moutai
On April 22 (Monday), Southbound made net purchases of HK$2,901 million in Hong Kong stocks today. Bank of China and China Mobile received net purchases of HK$577 million and HK$240 million respectively.
Nomura Adjusts Ping An Bank's Price Target to 12.58 Yuan From 12.16 Yuan, Keeps at Buy
Ping An Bank (SHE:000002) has an average rating of outperform and price targets ranging from 10 yuan to 17.19 yuan, according to analysts polled by CapitalIQ.
Ping An Bank (000001): Other non-interest-bearing performance is impressive, and provisions are boosting profits
Incident: On April 1**** An Bank announced its 2024 quarterly report. 1Q24 achieved revenue, profit before provision, and net profit of 38.77 billion yuan, 27.95 billion yuan, and 14.93 billion yuan, respectively, -14%, -
Bank Rating | J.P. Morgan Chase: Raising CCB's Target Price to HK$6.1 and Lowering Postbank's Target Price to HK$4.3
According to a report published by J.P. Morgan Chase, the bank's revenue and pre-provision profit (pPOP) for the first quarter of this year are expected to be pressured, falling by an average of 4% and 6%, respectively, on an annual basis. Among them, the profit growth of the four major state-owned enterprise banks may remain flat to record a lower increase in the number of units, while the profit of the Joint Stock Bank (JSB) may shrink. However, the bank expects net profit for the first quarter of China CITIC Bank and Ping An Bank to increase by 3% and 2% respectively, while CMB's net profit for the first quarter is expected to remain flat year-on-year. The bank believes that among the big four banks, the Bank of China may record a more ideal revenue figure, while the Agricultural Bank may have better profit growth. The bank gave CCB an “increase in holdings” rating, H
Bank stocks surged higher and fell. China CITIC Bank fell more than 2%, Ping An Bank and Bank of Suzhou fell more than 1%, and the four major banks collectively declined and turned green.
Bank stocks surged higher and fell. China CITIC Bank fell more than 2%, Ping An Bank and Bank of Suzhou fell more than 1%, and the four major banks collectively declined and turned green.
Express News | Interest spreads collectively declined, and listed stock banks started a “two war”
Ping An Bank (000001) Quarterly Report Review: Deepening retail transformation is beneficial to stability and progress
Guide to this report: Ping An Bank's 2024Q1 revenue growth rate was in line with expectations, profit growth slightly exceeded expectations, and asset quality remained stable. The growth rate of scale is slowing down, retail is deepening transformation, and progress is being made towards public stability. Maintain the target price of 13.5 yuan, maintain
Ping An Bank (000001): Slow down the pace and wait to start again
Ping An Bank released its report for the first quarter of 2024. Our comments are as follows: 24Q1 revenue, PPOP, and net profit to mother increased by -14.0%, -15.0%, and 2.3% year-on-year respectively, and the growth rate changed respectively from '23-
Ping An Bank (000001): Actively adjust to find medium- to long-term competitiveness
The 1Q24 performance is in line with our expectations Ping An Bank released 1Q24 results. The company's revenue for the first quarter decreased by 14.0% year on year, profit before provision decreased by 14.9% year on year, and net profit to mother increased 2.3% year on year. The results were in line with us
Ping An Bank (000001): Excellent structure, sustainable bottom-line dividends
Core point of view Ping An Bank is currently in the business transformation stage. The increase in the proportion of medium- and low-risk customer groups has put some pressure on Ping An Bank interest spreads. On the other hand, the formal implementation of the “integrated reporting and banking” banking insurance channel has also had a major negative impact on its revenue
Ping An Bank (000001) Review: Reshaping the structure to pay more attention to a new balance between risk and benefit
Incident: Ping An Bank disclosed its 2024 quarterly report. It achieved revenue of 38.8 billion yuan in the first quarter, down 14% year on year; realized net profit of 14.9 billion yuan, up 2.3% year on year; 1Q24 non-performing rate rose 1b from quarter to quarter
Minsheng Securities released a research report on April 20 stating that Ping An Bank (000001.SZ) was given a recommended rating. The main reasons for the rating include: 1) narrowing interest spreads and pressure on middle income are dragging down revenue
Minsheng Securities released a research report on April 20 stating that Ping An Bank (000001.SZ) was given a recommended rating. The main reasons for the rating include: 1) narrowing interest spreads and pressure on middle income are dragging down revenue performance; 2) increasing structural adjustment and slowing credit expansion; 3) income pressure in wealth management; 4) marginal increase in non-performing rates, and relatively sufficient risk offsetting capacity. (Mainichi Keizai Shimbun)
Ping An Bank (000001): Business adjustments continue to advance
Key investment points Ping An Bank's business adjustments continue to advance, putting pressure on revenue. Focus on subsequent progress. Data Overview Ping An Bank's net profit for 24Q1 increased 2.3% year on year, slightly up 0.2 pc from 23A; revenue decreased year on year
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