600919 Bank Of Jiangsu
- 8.00
- -0.04-0.50%
Bank Of Jiangsu News
Orient Securities: Under the guidance of a smooth investment pace, bank credit investment is expected to increase year-on-year in the second quarter
The Zhitong Finance App learned that Orient Securities released a research report saying that looking ahead to the fundamentals of listed banks in the second quarter, and guided by a smooth investment pace, Q2 credit investment is expected to increase year-on-year. The pressure on interest spreads is expected to weaken marginally, and it is expected that interest rates on newly issued loans will stabilize in Q2-Q3. Asset quality is stable overall, but poor forward-looking indicators are rising marginally, so we need to pay attention to the limited room for credit costs to decline. Operating pressure is expected to slow down in the second quarter, and the revenue structure may improve. 1) The pressure to narrow interest spreads has weakened, and combined credit investment may increase year-on-year. The growth rate of net interest income in the second quarter is expected to rise marginally. 2) Net processing fee revenue is expected to continue
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 stocks fluctuated downward. The Bank of China fell nearly 2%, and the Bank of Communications, Agricultural Bank, and Bank of Jiangsu fell nearly 1%.
Bank stocks fluctuated downward. The Bank of China fell nearly 2%, and the Bank of Communications, Agricultural Bank, and Bank of Jiangsu fell nearly 1%.
Bank of Jiangsu (600919): Revenue growth rate is impressive, non-interest contribution is increasing
Event: The company published its 2023 Annual Report and 2024 Quarterly Report. Excellent revenue performance and steady profit levels: in 2023 and 2024Q1, the company's revenue increased 5.28% and 11.72 year-on-year
After the sharp decline, major shareholders “protected the market”, and the Bank of Jiangsu Province joined forces to increase their holdings. Previously, the two listed companies announced that they had taken the opportunity to reduce their holdings
① The Bank of Jiangsu announced that Jiangsu Investment Management Co., Ltd. and Jiangsu International Trust Co., Ltd. increased their holdings by a total of 99.8047 million shares between December 29 last year and April 29 this year. ② Prior to this increase in shareholders' holdings, Huaxi Shares and Molding Technology, the minority shareholders of the Bank of Jiangsu had just announced that they would take the opportunity to sell their shares. ③ When the Bank of Jiangsu held a performance exchange meeting on April 26, the bank's stock price plummeted at the beginning of the market, and at one point it almost fell to a standstill.
The banking sector fluctuated and strengthened. Changshu Bank rose more than 4%, SPD Bank rose more than 3%, and Bank of Qingdao, Bank of Beijing, Bank of China, Bank of China, and Bank of Jiangsu rose one after another.
The banking sector fluctuated and strengthened. Changshu Bank rose more than 4%, SPD Bank rose more than 3%, and Bank of Qingdao, Bank of Beijing, Bank of China, Bank of China, and Bank of Jiangsu rose one after another.
Bank of Jiangsu (600919): Promoting steady and rapid growth into a new stage of high-quality growth
Other sharp increases in non-interest supported high revenue growth. Net profit growth declined under pressure in 2023A and 1Q24. Bank of Jiangsu's revenue increased 5.28% and 11.72% year-on-year respectively, while net profit attributable to mother increased 13.25% and 10, respectively.
Express News | Bank of Jiangsu: Jiangsu Trust increased its holdings by 0.4%
Express News | Huaxi Shares: Authorizing management to sell Bank of Jiangsu shares and Huatai Securities shares
Bank of Jiangsu (600919): Steady and far-reaching in accordance with the times
Guide to this report: The Bank of Jiangsu operates steadily, its performance is growing steadily, and its asset quality remains at an excellent level. In 24Q1, public deposit and loans were strong, and interest spreads were more resilient than peers. The target price was maintained at 9.11, and the increase in holdings rating was maintained. Investment Highlights: Investments
Bank of Jiangsu (600919): Steady expansion; Q1 revenue and profit increased by double digits; dividend rate maintained at 30%
Financial report summary: The performance growth rate declined in January and 23, and 24Q1 revenue and profit maintained a double-digit growth rate. 1Q24 revenue +11.6% YoY (vs 2023 full year +5.3% YoY), 1Q24 net profit YoY
Bank of Jiangsu (600919): Revenue growth is impressive, and provisions remain high
Driven by improvements in non-interest income, revenue growth rebounded against the trend. The cumulative year-on-year growth rates of 23A/24Q1 revenue, PPOP, and net profit to mother were -3.9 pct/+6.4 pct and -3.2p, respectively, compared to 23Q3/23A
North and South Water | Rare! Nanshui Net bought 22.4 billion A shares, bucking the trend and reducing bank stock positions; Beishui continued to increase its holdings at the Bank of China and the Hong Kong Stock Exchange
Northbound's net purchase of A-shares was $22.4 billion, and Southbound's net purchase of Hong Kong shares was HK$1,174 billion.
[Looking at the data] ETF turnover of multiple brokerage firms surged, capital and institutions are playing against the Bank of Jiangsu
① Among the top five ETFs with a month-on-month increase in turnover yesterday, there are three broker-related ETFs. Among them, brokerage ETF (512000) turnover increased 375% month-on-month. ② The Bank of Jiangsu, which was close to a standstill, was sold for 999 million yuan by northbound capital, and bought 541 million by three institutions at the same time.
Beishui once again increased its holdings of the Bank of China by nearly HK$900 million and surpassed Meituan by nearly HK$800 million; Nanshuibong made a record purchase of 22.4 billion yuan
On April 26 (Friday), Southbound made net purchases of HK$1,174 million in Hong Kong stocks today. Kuaishou-W and HKEx received net purchases of HK$500 million and HK$117 million respectively.
Northbound Capital Purchase Report: Bank of Jiangsu received net sales of 999 million yuan
On April 26, Northbound Capital made a large net purchase of 22.449 billion yuan throughout the day, representing a net purchase for 3 consecutive trading days.
Express News | Northbound Capital made a significant net purchase of 22.449 billion yuan today. China Merchants Bank, BYD, and Ningde Times received net purchases of 973 million yuan, 796 million yuan, and 754 million yuan respectively. Bank of Jiangsu had the highest n
The opening of the stock price was once close to falling to a standstill, and the Bank of Jiangsu responded to the reasons for today's short-term stock price fluctuations
The opening of the Bank of Jiangsu stock price was close to a standstill. The Bank of Jiangsu said that the bank paid close attention to stock price fluctuations and immediately communicated thoroughly with investors through online video performance meetings, online roadshows, etc., promptly answered investors' key concerns and concerns, and carefully listened to the opinions and suggestions of investors. In response, the Bank of Jiangsu stated that the bank's basic business development market is steady, asset quality is solid, and the main operating indicators have maintained steady growth. In the future, the bank will continue to do a good job in business management and strive to create more value returns for shareholders.
Bank of Jiangsu fell 9.12% today, net purchases of the three institutions amounted to 541 million yuan
The Bank of Jiangsu fell 9.12% today, with a turnover of 5.892 billion yuan and a turnover rate of 4.18%. After the market, Dragon Tiger List data showed that Shanghai Stock Connect bought 171 million yuan of exclusive seats and sold 1,170 million yuan, with a net purchase of 541 million yuan for exclusive seats from the three institutions.
Ping An Securities released a research report on April 26 stating that it gave Bank of Jiangsu (600919.SH) a highly recommended rating. The main reasons for the rating include: 1) non-interest income led to a recovery in revenue and increased provision pl
Ping An Securities released a research report on April 26 stating that it gave Bank of Jiangsu (600919.SH) a highly recommended rating. The main reasons for the rating include: 1) non-interest income led to a recovery in revenue and increased provision planning; 2) interest spreads picked up slightly, and deposit and loan expansion remained steady; 3) stable asset quality and excellent risk offsetting capacity. (Mainichi Keizai Shimbun)
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