601328 Bank Of Communications
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Bank Of Communications 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
Hong Kong stock bank stocks rose, Agricultural Bank (01288.HK) rose nearly 2%, Bank of Communications (03328.HK), SMIC (00981.HK) rose more than 1.5%, HSBC Holdings (00005.HK), and China Construction Bank (00939.HK) rose nearly 1%.
Hong Kong stock bank stocks rose, Agricultural Bank (01288.HK) rose nearly 2%, Bank of Communications (03328.HK), SMIC (00981.HK) rose more than 1.5%, HSBC Holdings (00005.HK), and China Construction Bank (00939.HK) rose nearly 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%.
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%.
Private bank executives will also have rules to follow when carrying out their duties. The Fujian Regulatory Bureau issued the industry's first relevant document, making it clear that incompetent executives should be held accountable and resign
The banking industry is highly regulated, and even private banks known for their pioneering, innovative and flexible mechanisms are no exception.
A branch of the Bank of Communications was fined 1.35 million yuan for issuing loans in violation of regulations, and the 3 responsible persons were fined 60,000
On May 6, the administrative penalty information disclosure form of the Anqing Supervisory Branch of the State Administration of Financial Supervision and Administration showed that the Anqing branch of Bank of Communications Co., Ltd. was fined 1.35 million yuan for issuing fixed asset loans in violation of regulations. The three responsible persons were warned and each fined 60,000 yuan.
Research Report | CICC: The Bank of China's first-quarter results are based on expectations and are optimistic about China Merchants Bank, Bank of Communications, etc. with high dividends
Glonghui, May 6 | CICC released a report stating that the Bank of China's first quarter results were basically in line with expectations. The banking performance of last year and the first quarter of this year reflected the pressure on banking operations in an environment of weak macroeconomic recovery, reflected in phenomena such as declining net profit growth, pressure on interest spreads, rising market share of large banks, and declining market share of small and medium-sized banks. At the same time, banks also responded positively through forward-looking risk increases, stabilizing interest spreads with a balance between volume and price, and reducing operating expenses. The bank expects that interest spreads will enter the second phase of decline this year. As the rate of table expansion slows down, banks are more in pursuit of volume-price balance, and interest spreads will slowly decline from around 1.5% to 1.3% to 1.
Bank of Communications (601328.SH): Businesses such as “Quick and Easy to Post” do not involve blockchain technology
On May 6, Ge Longhui Bank of Communications (601328.SH) said on the investor interactive platform that the Bank's “quick and easy to post,” “quick and easy to receive,” “quick and easy to pay,” and “smart car finance” businesses do not involve blockchain technology.
Express News | Guoxin Securities: The bank's first quarter results may be the bottom area in recent years
Express News | Ministry of Finance: From January to March, the total revenue of state-owned and state-owned enterprises across the country increased by 3.2% year on year, and total profit increased 2.8% year on year.
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 Communications Completes Issue of 26 Billion Yuan Bonds
Bank of Communications Co (HKG:3328) completed the issue of 26 billion yuan tier-2 capital bonds, according to a Monday Hong Kong bourse filing. The bonds were issued in 15 billion yuan and 11 billion
CITIC Securities: Target price of HK$7 for “increase in holdings” rating to Bank of Communications (03328)
CITIC Securities raised Bank of Communications's (03328) earnings estimates per share for 2025 and 26 to RMB 1.21 and RMB 1.29, respectively.
Express News | CITIC Securities: Exchange's interest business volume increased in the first quarter, prices stabilized, ratings increased
Bank Rating | Damo: Target price of HK$3.7 and “reduced holdings” rating for Bank of Communications
Glonghui, April 30 | Morgan Stanley released a report saying that Bank of Communications's revenue for the first quarter of 2024 was the same as the same period last year, and net interest spreads rebounded, but fee revenue declined due to a reduction in the fee ratio. After three years of risk digestion, asset quality improved. Net profit after tax increased by 1.4% year-on-year, and credit costs declined. The bank set a target price of HK$3.7 for H shares, giving it a “reduced holdings” rating. According to the report, the company's net interest spread rebounded 5 basis points to 1.27% quarterly, and expense income recorded a 6.4% year-on-year decline due to falling bank insurance fees and tracking commissions for stock funds; although retail loans rebounded, no
“May Day” consumer loan interest rate war: prices fell below “3”
① Product homogenization is serious, and the bank consumer loan customer base continues to sink, making competition in the industry more intense, and consumer loan interest rates at some stock banks have dropped to the beginning of “2”; ② Against the backdrop of relatively weak residents' desire and demand to buy homes, the bank's retail business is turning its strength into the consumer loan sector. Bank annual reports show a marked increase in overall consumer loans and operating loans for personal use.
Bank of Communications: Proposes Interim Dividend in 2024
Bank of Communications: Proposes Interim Dividend in 2024
Bank of Communications (601328): Net interest spreads take the lead in stabilizing, and revenue resilience exceeds expectations
Description of the incident, Bank of Communications released its 2024 quarterly report. 2024Q1 revenue grew at a year-on-year rate of -0.03% (growth rate of 0.3% for the full year of 2023), and net profit to mother grew by 1.4% (0.7% growth rate for the full year of 2023)
Express News | Looking at the quarterly reports of the six major banks: steady business performance is preparing for mid-term dividends
Express News | Bank of Communications: Plans to implement mid-term dividends in 2024
Will dividends be the standard for the banking industry more than once a year? The four major banks collectively revealed the mid-term dividend arrangement. ICBC made it clear that the annual dividends will deduct the portion already distributed
After several urban commercial banks mentioned mid-term dividends one after another, major state-owned banks made the final decision tonight.
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