601128 Jiangsu Changshu Rural Commercial Bank
- 8.80
- +0.13+1.50%
Jiangsu Changshu Rural Commercial Bank News
Express News | Galaxy Securities: Combining fundamentals, dividend rates, and valuation factors, we continue to be optimistic about the allocation value of the banking sector
Changshu Bank (601128) explains Changshu Bank's 2024 quarterly report in detail: interest spreads rebounded month-on-month, revenue rebounded, and performance maintained a high growth rate
1Q24 Changshu Bank's revenue remained high and stable year on year, with a year-on-year increase of 12.0%; of these, net interest income increased 5.6% year over year, and non-interest rate increased 70% year on year. Net profit to mother increased 19.8% year over year. Growth in scale is the main key to steady revenue
With EPS Growth And More, Jiangsu Changshu Rural Commercial Bank (SHSE:601128) Makes An Interesting Case
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. Unfortunately, these high risk investments
Changshu Bank (601128): Net profit increased by nearly 20% on the basis of negative provision contributions
Incident: Changshu Bank released its quarterly report for 2014. In 24Q1, it achieved revenue of 2.70 billion yuan, +12.01% year over year, growth rate compared to -0.04 PCT in 23; net profit to mother was 952 million yuan, +19 yuan year on year.
Bank stocks rose; Changshu Bank rose more than 2%, while China CITIC Bank, Bank of Hangzhou, Agricultural Bank, and Bank of Communications all rose more than 1%.
Bank stocks rose; Changshu Bank rose more than 2%, while China CITIC Bank, Bank of Hangzhou, Agricultural Bank, and Bank of Communications all rose more than 1%.
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 (
Changshu Bank (601128) Company Brief Review Report: Deposit Fixation Pressure Reduces Interest Spreads, Shows Resilience
Key investment events: Changshu Bank released its report for the first quarter of 2024. Q1 achieved operating income of 2.7 billion yuan (+12.01%, YoY) and net profit attributable to common shareholders of 952 million yuan (+19.80%, YoY)
Bank of Changshu (601128): The gold market contributed greatly to high performance growth
Incident: Changshu Bank released its 2024 quarterly report. In the first quarter of 2024, it achieved revenue of 2.70 billion yuan, an increase of 12.0% over the previous year, and net profit to mother of 950 million yuan, an increase of 19.8% over the previous year. As of 2024
Bank of Changshu (601128): Revenue and profit growth rate remains industry-leading
1Q24 results are basically in line with our expectations Changshu Bank announced 1Q24 results: 1Q24 revenue increased 12.0% year on year, profit before provision increased 21.1% year on year, net profit to mother increased 19.8% year on year. The company disclosed
A-share bank stocks continued to rise, Changshu Bank rose more than 6%
Gelonghui, April 30 | Bank of Changshu rose more than 6%, followed by SPD Bank, Bank of Qingdao, Bank of China, Bank of Jiangsu, Bank of Xiamen, and Bank of Beijing. According to the news, recently, the 2024 quarterly reports of A-share listed banks have been intensively disclosed. Driven by the “good start” situation in the first quarter, the overall performance of listed banks has remained steady.
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 Changshu (601128): Performance remains at the top with excellent asset quality
Revenue maintained double-digit growth, and net profit to mother actually increased by about 20%. Achieved revenue of 2.70 billion yuan (YoY, +12.01%) and net profit to mother of 950 million yuan (YoY, +19.80%) in the first quarter of 2024
Bank of Changshu (601128): Good start, leading listed banks
Key investment points Changshu Bank's 24Q1 revenue and profit increased year-on-year; looking ahead to the whole year, the performance is expected to continue to lead the listed banks. Data Overview Changshu Bank's net profit to mother increased 19.8% year-on-year in 24Q1, up 0.2p from 23A
Research Report | CICC: Net profit from bank stocks is expected to increase by 1% year-on-year in the first quarter. It is recommended to focus on Changshu Bank and Bank of Ningbo
Glonghui, April 22 | CICC released a report. In the first quarter, the revenue of listed banks in the mainland is expected to drop 4% year-on-year, and net profit will increase by 1% year-on-year. The profit growth rate will continue to weaken compared to last year. According to the bank, the pace of expansion of bank assets is slowing down, and some banks may be shrinking. However, interest spreads continued to narrow, and wealth management revenue was weak, hampering revenue performance. Considering that loan repricing is still occurring, interest rates on newly issued loans and bonds are declining, and deposit regularization is still present, it is expected that the net interest spreads of listed banks will narrow by 6 basis points quarterly in the first quarter, corresponding to an annual decline of 25 basis points, dragging down net interest income by 5% year-on-year. Moreover
Express News | Galaxy Securities: Balanced Credit Investment, Preferential Corporate Loan Structure
Huafu Securities: Credit demand is expected to remain high, and the fundamentals of small to medium banks are expected to be repaired at an accelerated pace
The scale of social finance in March was 4872.5 billion yuan, a year-on-year decrease of 514.2 billion yuan.
Pacific released a research report on April 9 stating that it gave Changshu Bank (601128.SH) a purchase rating. The main reasons for the rating include: 1) maintaining leading performance growth, showing confidence; 2) offsite expansion continues to advan
Pacific released a research report on April 9 stating that it gave Changshu Bank (601128.SH) a purchase rating. The main reasons for the rating include: 1) maintaining leading performance growth, showing confidence; 2) offsite expansion continues to advance to support large-scale growth; 3) interest spreads are resilient, ranking at the forefront of the industry; 4) maintaining excellent asset quality and rising capital adequacy ratios. (Mainichi Keizai Shimbun)
Express News | The Social Security Fund appeared on the list of the top ten tradable shareholders with 196 shares
Zhongtai Securities: State-owned banks all achieved positive profit growth in 2023. Prefer urban agricultural commercial banks with cheaper valuations for investment
The economy determines bank stock selection logic. Weak and strong economic recovery correspond to different target varieties, and bank stocks have steady and defensive properties.
Shen Wan Hongyuan: Continued optimism about bank stocks at the bottom of performance, bottom of valuation, and bottom of positions
Shen Wan Hongyuan said that he is optimistic about banks due to the characteristics of undervaluation, low holdings, low expectations and high dividends in the banking sector.
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