002966 Bank Of Suzhou
- 7.79
- -0.21-2.63%
Bank Of Suzhou News
Bank stocks weakened in the afternoon. Bank of Suzhou fell by more than 2%, and stocks such as Postbank, Industrial Bank, China CITIC Bank, and China Merchants Bank fell more than 1%.
Bank stocks weakened in the afternoon. Bank of Suzhou fell by more than 2%, and stocks such as Postbank, Industrial Bank, China CITIC Bank, and China Merchants Bank fell more than 1%.
Bank of the Soviet Union Bonds: The conversion price was adjusted from 6.78 yuan/share to 6.39 yuan/share
The Bank of Suzhou adjusted the “Bank of the Soviet Union Bonds” conversion price from RMB 6.78 yuan/share to 6.39 yuan/share due to the 2023 profit distribution. The adjustment will take effect from June 6, 2024.
Bank of Suzhou (002966.SZ) 2023 equity distribution: 3.9 yuan for every 10 shares
Bank of Suzhou (002966.SZ) issued an announcement. The 2023 equity distribution plan is: To implement allocators...
Express News | Bank of Suzhou Shareholders' Meeting Approves 2024 Mid-Term Profit Distribution Plan
Bank of Suzhou: “Soviet Finance” Empowers Enterprises to Upgrade Equipment and Drive Production Capacity Upgrades
Recently, the “Suzhou Implementation Plan for Promoting Large-scale Equipment Renewal and Consumer Goods Trade-in” was officially released to further implement the four major actions of equipment renewal, consumer goods trade-in, recycling, and standard upgrading to accelerate the development of new quality productivity. The Bank of Suzhou responds positively to policies, empowers enterprises to upgrade equipment with “Soviet finance”, supports enterprises to innovate technology, iterate products, expand markets, and help small and micro enterprises seize new productivity opportunities. “Our company produces and processes NEV battery box holder profiles. Recently, NEV orders have surged in the market, and our production efficiency is somewhat unable to keep up. It is intelligently manufactured by Bank of Suzhou
Express News | The opening ceremony of the Suxin Fund was held in Suzhou Industrial Park
Bank stocks generally rose, with Bank of Suzhou, Bank of Qingdao, Bank of Guiyang, Bank of Jiangyin, and Zijin Bank rising more than 2%.
Bank stocks generally rose, with Bank of Suzhou, Bank of Qingdao, Bank of Guiyang, Bank of Jiangyin, and Zijin Bank rising more than 2%.
A-share bank stocks fluctuated and increased
Gelonghui, May 21 | Bank of Suzhou led the way, while Bank of Nanjing, Qilu Bank, Ruifeng Bank, Ping An Bank, and Bank of Changsha followed suit.
Bank of Suzhou (002966): Profitability is growing steadily, asset quality is steady, moderate and improving
Key investment points: Bank of Suzhou penetrates deep into the regional customer base, vigorously promotes government finance, steady growth in profitability, excellent growth in business scale and quality, stable, moderate and positive asset quality, and maintains a “superior to the market” rating. Profitability is growing steadily. Bank of Suzhou 24Q
Bank of Suzhou (002966): Credit expansion momentum is sufficient to stabilize asset quality
Core points: Credit expansion momentum is sufficient, and the contribution of offsite institutions increased in 2023 and 2024Q1. Bank of Suzhou's total assets increased 14.7%/16.8% year on year, loans increased 17.1%/19.8% year on year, and deposits increased year on year
Bank of Suzhou (002966) 2023 Annual Report & 2024 Quarterly Report Review: Marginal improvement in revenue growth, offsite expansion continues to advance
Incident: Bank of Suzhou released financial reports for the year 23 and 24Q1, and achieved operating income/net profit of RMB 118.66 to 4.601 billion yuan in '23, +0.88%/+17.41% year-on-year; achieved operations in 24Q1
Ping An Securities: The fundamentals of the banking sector are marginal and stable, and we continue to pay attention to dividend allocation values
The average dividend rate in the banking sector for the past 12 months is at a historically high premium level compared to risk-free interest rates measured by 10-year treasury bond yields, and continues to expand, and dividend attractiveness continues to increase.
Bank of Suzhou Receives Approval to Prepare for Opening of Xuzhou Branch
Bank of Suzhou (SHE:002966) received approval from financial officials in Jiangsu to prepare for the establishment of the bank's Xuzhou branch, according to a Tuesday filing with the Shenzhen bourse.
Everbright Securities: Before the spread returned to the average, the banking sector was still very attractive in terms of allocation
The Zhitong Finance App learned that Everbright Securities released a research report saying that in the context of the “asset shortage” pressure, the difference between the dividend rate of A-share listed banks and the yield of 10Y treasury bonds is still at an all-time high. Currently, the dividend rates of major A-share banks are generally between 5% and 6%. Before the spread returned to the average, the banking sector was still highly attractive as a “fixed income” type with steady profit growth, high dividend rates, and low valuation fluctuations. Recommended investment targets: ① Small and medium-sized banks in Jiangsu and Zhejiang regions with good regional economic growth, strong epitaxial expansion capacity, and rapid profit growth are recommended to focus on Suzhou (002966.SZ)
Bank of Suzhou (002966.SZ) approved to establish Xuzhou branch
Gelonghui, May 6 | Bank of Suzhou (002966.SZ) announced that the company recently received the “Approval from the Jiangsu Supervisory Authority of the State Financial Supervisory Authority on Preparing to Establish the Xuzhou Branch of the Bank of Suzhou” (Su Jinfu (2024) No. 129) and agreed that the Bank is preparing to establish the Xuzhou Branch of Bank of Suzhou Co., Ltd.
Shen Wan Hongyuan: Delivering at the bottom of 24Q1 results focuses on high-quality urban agricultural commercial banks whose valuations are close to the sector average
The Zhitong Finance App learned that Shen Wan Hongyuan released a research report saying that the first quarterly report was the fulfillment of expectations to the bottom of performance. The period of greatest pressure on banking performance throughout the year was also the first half of the year. High dividend returns with stable profits and stable dividends in the banking sector are still the focus of short-term market capital. At the same time, attention should be paid to internal sector rotation and focus on high-quality urban agricultural commercial banks whose valuations are close to the average level of the sector. In terms of individual stocks, grasp the two main lines of “high-quality growth” and “steady dividends”. Recommended targets: 1) High-quality regional banks with better performance than peers and dynamic high dividend attributes, Bank of Suzhou (002966.SZ), Sunong Bank (
The A-share banking sector boosted Qilu Bank by more than 6%
Gelonghui, April 29 | Qilu Bank rose more than 6%, followed by the Bank of Suzhou, Bank of Ningbo, Bank of Hangzhou, Bank of Jiangsu, and Industrial Bank.
Bank of Suzhou (002966): Revenue growth is picking up, asset quality remains stable and excellent
Incident: Bank of Suzhou released its 2023 annual report and 2024 quarterly report. Revenue and profit in 2023 increased 0.9% and 17.4% year-on-year respectively, 2.1%, 12.3% in 24Q1, and the end of 24Q1
Bank of Suzhou (002966) 2023 Annual Report and 2024 Quarterly Report Review: “Good Start” Credit Growth Performance Double Digit Growth
Incident: On April 26, Bank of Suzhou released its 2023 annual report and report for the first quarter of 2024:1) Achieved operating income of 11.9 billion yuan in 2023, an increase of 0.9% over the previous year, and achieved net profit of 4.6 billion yuan
Open Source Securities released a research report on April 28 stating that it gave Bank of Suzhou (002966.SZ) a purchase rating. The main reasons for the rating include: 1) the 2024Q1 revenue growth rate stopped falling and rebounded, and net profit growt
Open Source Securities released a research report on April 28 stating that it gave Bank of Suzhou (002966.SZ) a purchase rating. The main reasons for the rating include: 1) the 2024Q1 revenue growth rate stopped falling and rebounded, and net profit growth remained high; 2) the “good start” boom was high, and the 2024Q1 net interest spread was slightly under pressure; 3) the asset quality continued to be excellent, the non-performing rate remained flat month-on-month, and the margin of safety was sufficient. (Mainichi Keizai Shimbun)
Analysis
Price Target
No Data
