No Data
No Data
Most domestic bank stocks rose higher in Hong Kong. China Merchants Bank rose more than 4%, Postbank and China Everbright Bank rose more than 3%, and Agricultural Bank and China CITIC Bank rose more than 2%.
Most domestic bank stocks rose higher in Hong Kong. China Merchants Bank rose more than 4%, Postbank and China Everbright Bank rose more than 3%, and Agricultural Bank and China CITIC Bank rose more than 2%.
Postbank (601658): Strong net interest income growth rate on deposits and loans rebounded
The growth rate of net interest income rebounded slightly, and the profit growth rate declined somewhat. As of 24Q1, the cumulative year-on-year growth rates of the Postbank's revenue, PPOP, and net profit to mother (same below) were 0.8 pct and +0.9p, respectively, compared to the end of 2023
Postbank (601658): Revenue leader
Key investment points Postbank 24Q1 revenue increased 1.4% year-on-year, leading the market in growth rate. Data Overview The net profit of the Postbank in 24Q1 fell 1.3% year on year; revenue increased 1.4% year on year. Postbank's negative rate at the end of 24Q1
Postbank (01658.HK) Quarterly Report Review: Positive Revenue Growth, Stable Asset Quality
Incident: The Postbank disclosed its 2024 quarterly report. In the first quarter of 2024, the Postbank achieved revenue of 89.43 billion yuan, an increase of 1.4% year-on-year, and net profit to mother of 25.93 billion yuan, a year-on-year decrease of 1.3%. Up to 2
Postbank (601658) 2024 Quarterly Report Review: Mid-term Revenue Drags Down Revenue and Debt Highlights
Matters: On the evening of April 29, the Postbank disclosed its 2024 quarterly report. 1Q24 achieved operating income of 89.43 billion yuan, a year-on-year increase of 1.44%. The growth rate decreased by 0.8 pct compared to 2023; net profit to mother
Bank Ratings | Citibank: Earnings are objective after the release of “buy” rating provisions for Postbank
Glonghui, April 30 | Citibank's profit for the first quarter of 2024 fell 6.1% year-on-year, mainly because weak operating efficiency outpaced strong growth in loan growth and handling fee revenue. Net profit grew slightly better after tax, but it still declined by 1.3% year-on-year to US$25.9 billion during the period, mainly due to lower credit costs and lower effective tax rates. The return on assets and return on shareholders' equity for the first quarter of 2024 decreased by 8 basis points and 104 basis points to 0.65% and 13%, respectively. The bank set its target price for H shares at HK$5.36, giving it a “buy” rating. The report said that although the company 202
No Data