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Express News | Bank of Wuxi achieved net profit of 598 million yuan in the first quarter, up 9.41% year-on-year
Bank stocks continue to rise, and support is here! Star Fund managers' holdings increased month-on-month, Huaxia Bank, Qilu Bank, and Bank of Wuxi to the list of new entrants
① The valuation pricing of banks in the financial sector is extremely suppressed by long-term factors. In particular, the valuations of banks with the best historical fundamentals in the sector are both lower in absolute terms. ② As interest spreads continue to narrow and scale expansion slows, banks' revenue capacity may continue to be under pressure, but considering the sector's overall high dividend characteristics and structural opportunities brought about by the division of individual stock operations, sector allocation value will continue to stand out.
Despite Delivering Investors Losses of 2.9% Over the Past 5 Years, Wuxi Rural Commercial BankLtd (SHSE:600908) Has Been Growing Its Earnings
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But every investor is virtually certain to have both over-performing a
Express News | Social Security Fund's 2023 position adjustment trend released, take a sneak peek at heavy stocks in the first quarter
Bank of Wuxi (600908): Maintaining a low level of customer acquisition risk through inclusiveness
Revenue growth is picking up. The company's revenue increased 1.28% year on year in '23, up from the year-on-year growth rate in 23Q3 due to the contribution of non-interest income such as investment income. The company's net interest spread decreased by 2 bps compared to 23H1 to 1.64
Bank of Wuxi (600908): Assets maintain relatively rapid growth and sufficient provisions
On the evening of March 29, 2024, Bank of Wuxi disclosed its 2023 results. In 2023, it achieved operating income of 4.5 billion yuan, YoY +1.28%; net profit to mother was 2.2 billion yuan, YoY +9.96%; weighted
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