- China Merchants Bank reported a net income of 37.29 billion yuan for the first quarter, which was below the estimated 40.38 billion yuan.
- The bank’s net interest income was recorded at 53.00 billion yuan, missing the estimate of 55.59 billion yuan.
- The non-performing loans ratio stood at 0.94% during this period.
- The bank’s non-performing loans totaled 66.74 billion yuan.
- Earnings per share (EPS) were reported at 1.48 yuan.
- The core tier 1 ratio was healthy at 14.9%.
- The capital adequacy ratio was robust at 19.1%.
- Analysts’ recommendations included 24 buys, 0 holds, and 2 sells for the bank’s stock.
A look at China Merchants Bank A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.2 |
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
China Merchants Bank A is positioned favorably for long-term growth based on its Smartkarma Smart Scores. With top scores in Value and Dividend, the company is seen as undervalued and offers attractive dividend returns. Additionally, its strong Growth and Momentum scores indicate promising potential for future expansion and market performance. However, the company’s slightly lower Resilience score suggests some vulnerability to market fluctuations. Overall, China Merchants Bank A‘s Smart Scores paint a positive outlook for investors looking for a sound investment opportunity.
China Merchants Bank Co., Ltd. operates as a commercial bank, offering a wide range of financial services both locally and internationally. Their services include deposits, loans, wealth management, asset custody, finance leasing, and investment banking. With a focus on value, dividends, growth, and momentum, China Merchants Bank A appears to be well-positioned to thrive in the competitive banking sector while providing investors with stable returns and potential for future 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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