GEM Banks; Focus on Value Attributes and Returns Recovery Potential
Top picks for bigger cap GEM banks include Bank Mandiri, Hana Financial, CIMB Group, Bradesco, and CCB, while Kotak Mahindra Bank and ICICI Bank...
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Kyoto Financial Group (5844 JP) – Limited Shareholdings Unwind, for Now
Among bigger cap Japanese banks, we are negative on Kyoto Financial as it lacks near term catalysts to accelerate its equity holdings unwind and...
306 Views
Softbank (9984 JP): Arm Headwinds Building, but NAV Discount Is Attractive
Elliott's stake in SoftBank has boosted the share price; focus on Gen AI portfolio over buybacks may disappoint minority shareholders short term,...
398 Views
Revolut IPO Prospects – Rich Target Valuation Relative to Digital Bank Peers
Revolut targets a USD40bn IPO valuation, but recent investor valuations range from USD19.9bn to USD25.7bn; compared to a broad peer group,...
439 Views
Banamex Update and Mexican Banks’ April Data – First Look at Early 2Q 2024 Trends
Citibank's Banamex faces lower IPO valuation amid market uncertainty; sector trends show loan growth, but rising credit costs. BanBajio shines...
224 Views