- Bank of Chengdu’s net income for the first half of the year reached 6.62 billion yuan, marking a 7.3% increase compared to the same period last year.
- The bank’s net interest income grew by 7.6%, totaling 9.77 billion yuan.
- The non-performing loans ratio remained stable at 0.66%, showing no change from the previous year.
- The current analyst ratings include 21 buys, 1 hold, and 0 sells for Bank of Chengdu stock.
A look at Bank of Chengdu Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Bank of Chengdu Co., Ltd. shows strong fundamentals according to Smartkarma Smart Scores. With a top score in both Value and Dividend factors, the company demonstrates promising financial health and a commitment to rewarding its shareholders. Additionally, the Growth score, though slightly lower, indicates potential for expansion and development in the future. However, the Resilience and Momentum scores, while not as high as the other factors, suggest some room for improvement in terms of withstanding economic challenges and maintaining market momentum.
Overall, Bank of Chengdu appears well-positioned for long-term stability and growth, particularly with its robust Value and Dividend ratings. Investors may view this company favorably for its emphasis on financial strength and shareholder returns. Continued focus on enhancing Resilience and Momentum factors could further solidify Bank of Chengdu’s standing in the banking sector, ensuring sustainable performance over the years to come.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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