CIHKY CHINA MERCHANTS BK
- 23.100
- -0.260-1.11%
CHINA MERCHANTS BK News
Express News | 360 Response: Zhou Hongli personally holds all of his shares and has never had a pledge
Express News | Northbound Capital had a sharp net sale of 8.617 billion yuan today. Fenzhong Media, Guodian Nanrui, and Kweichow Moutai received net sales of 528 million yuan, 488 million yuan, and 362 million yuan respectively. China Merchants Bank had the highest net
CHINA MERCHANTS BANK(3968.HK):1Q24 RESULTS LOWER THAN EXPECTATION
China Merchants Bank (CMB) reported lower-than-expected 1Q24 results as the bank
China Merchants Bank (600036): Decrease in non-performing rate, steady provision coverage
Core view: China Merchants Bank released its 2024 quarterly report. 24Q1 revenue, PPOP, and net profit to mother increased by -4.65%, -6.1%, and -2.0% year-on-year, with changes of -3.01 pct from 23, respectively.
Big Bank Rating | Citibank: The “buy” rating given to CMB is still confident that it will achieve positive profit growth this year
According to a report published by Citibank, China Merchants Bank was dragged down by net interest spreads and weak handling fee revenue. Earnings before provision for the first quarter fell 6.1% year-on-year, offsetting the positive impact of steady transaction earnings. During the period, net profit after tax grew less than expected, falling 2% year-on-year to 38.1 billion yuan. Return on assets (ROA) and return on shareholders (ROE) decreased by 15 and 235 basis points, respectively, from year to year to 1.35% and 16.08%, respectively. Citi expects that in the first quarter of this year, its recruitment performance was weaker than expected, and revenue and profit growth were lower than those of its peers, and its stock price would react negatively. CMB H shares have increased by about 25.7% year to date.
China Merchants Bank (600036): Stable quantity, better quality, and an inflection point in revenue can be expected
Incident: China Merchants Bank disclosed its 2024 quarterly report. 1Q24 revenue fell 4.7% year on year (2023: -1.6%), and net profit to mother fell 2.0% year on year (2023:6.2%). 1Q24 Defect Rate
China Merchants Bank (600036): First choice for dividend stocks with higher revenue performance than expected
1Q24's revenue slightly exceeded our expectations. The profit was in line with our expectations, China Merchants Bank released 1Q24 results. The first quarter's revenue/net profit to mother increased negatively by 4.7%/2.0% year-on-year respectively, and the revenue performance was better than our expectations. Company Q1
Bank Rating | UBS: Net profit for the first quarter fell short of expectations for its “neutral” rating and target price of HK$25.6
Glonghui, April 30 | UBS released a report saying that China Merchants Bank's net profit for the first quarter fell 2% year-on-year to 38.1 billion yuan, lower than the forecast; revenue and profit before provision were basically in line with forecasts. As net interest spreads fell by 27 basis points, net interest income fell 6.2% year-on-year. However, the narrowing of net interest spreads slowed and fell 2 basis points to 2.02% quarterly. Fee revenue fell 19.4% year-on-year, which was lower than expected. The bank estimates that CMB's credit costs for the first quarter of this year will be 86 basis points, a year-on-year reduction of 20 basis points. The bank mentioned that CMB's handling fee revenue is weak. Among them, expenses related to financial management business fell 44% year-on-year, and asset management
Express News | Dash Smart's contract and bid amount for the first quarter of 2024 increased 54% year-on-year
China Merchants Bank (600036): Performance is under phased pressure, waiting for retail sales to pick up
Results for the first quarter of 2024 are under pressure. The first quarter of 2024 achieved revenue of 86.4 billion yuan (YoY, -4.65%) and net profit to mother of 38.1 billion yuan (YoY, -1.96%). Annual weighted average ROE
China Merchants Bank (600036): Stable asset quality, other excellent non-interest
Asset quality is stable. Other excellent non-interest-bearing CMB's net profit, operating income, and PPOP were -2.0%, -4.7%, and -6.1% year-on-year respectively in the first quarter of 2024. The growth rate was -8.2 pct compared to 2023
China Merchants Bank (600036) 2024 Quarterly Report Review: Fundamentals Meet Expectations
Incident: China Merchants Bank announced its 2024 quarterly report. The revenue growth rate was -4.65%, the profit growth rate before provision was -6.08%, and the net profit growth rate to mother was -1.96%. The fundamental performance was in line with expectations. Our review is as follows: This year
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.
S&P: Upgrading the long-term issuer credit rating of China Merchants Bank (03968.HK) and its subsidiaries to “A-” outlook “stable”
On April 29th, S&P today announced China Merchants Bank Co. Ltd. (“China Merchants Bank” 03968.HK600036.SH) and its core subsidiaries CMB International Capital Holdings Corp. Ltd. (“CMB International”), CMB Financial Leasing Co., Ltd. (CMB Financial Leasing Co., Ltd.) Ltd. “CMB Gold Rent” for short
招商銀行：二〇二四年第一季度報告
Express News | China Merchants Bank: Net profit of 38.077 billion yuan in the first quarter decreased 1.96% year over year
Express News | China Merchants Bank: Net profit for the first quarter of 2024 fell 1.96% year on year
Hong Kong Market Overview | The Hang Seng Index has risen six times in a row! Domestic housing stocks strengthened across the board, and Shimao Group soared more than 60%
Auto stocks improved. Evergrande Auto rose nearly 12%, and Zero Run rose more than 8%; big financial stocks generally rose, AIA Insurance rose more than 6%, and the Bank of China rose nearly 5%.
Express News | CITIC Securities: The bank's first quarter results are expected to be relatively low for the whole year
China Merchants Bank (600036): Performance is under phased pressure, asset quality is steady
Incident: On April 29, China Merchants Bank disclosed its 2024 quarterly report: 2024Q1 net profit to mother -1.96% YoY (+6.22% YoY in 2023); operating income -4.65% YoY (202
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