Earnings Alerts

Bank of Shanghai (601229) Earnings: 1H Net Income Hits 13.23B Yuan with Strong Buy Signals

  • Bank of Shanghai reported a net income of 13.23 billion yuan for the first half of the year.
  • Net interest income achieved by the bank stood at 16.45 billion yuan.
  • The bank’s net interest margin is 1.15%.
  • The ratio of non-performing loans was 1.18%.
  • The net fee and commission income was 2.06 billion yuan.
  • Market analysts have given 8 buy recommendations, 1 hold, and 0 sell recommendations for the bank’s stock.

A look at Bank of Shanghai Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience3
Momentum2
OVERALL SMART SCORE3.8

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

Based on the Smartkarma Smart Scores, Bank of Shanghai shows strong potential for long-term growth. With top scores in Value and Dividend, the company is positioned well for delivering consistent returns to investors. Additionally, its solid score in Growth indicates promising future expansion opportunities. However, the scores for Resilience and Momentum are slightly lower, suggesting some stability concerns and slower market performance compared to its peers.

Bank of Shanghai Co., Ltd. operates as a banking services provider, catering to a wide range of clients from individuals to enterprises. With a focus on deposits, loans, foreign exchange, and fund management, the company’s high scores in Value and Dividend highlight its attractiveness as an investment option. While the lower scores in Resilience and Momentum point to areas needing improvement, overall, Bank of Shanghai presents a compelling long-term outlook for investors seeking both stability and growth.


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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