- Minsheng Bank reported a net interest margin of 1.39%, which is below the estimated 1.42%.
- The bank’s net income for the first half of the year was 21.38 billion yuan.
- Net interest income amounted to 49.20 billion yuan.
- The non-performing loans ratio was reported at 1.48%.
- The bank’s net fee and commission income stood at 9.69 billion yuan.
- Analyst recommendations include 4 buy ratings, 5 hold ratings, and 3 sell ratings for Minsheng Bank.
A look at China Minsheng Banking 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 Minsheng Banking A, a key player in the commercial banking sector, exhibits a promising long-term outlook based on its Smartkarma Smart Scores. With top marks in Value and Dividend factors, the company is positioned well in terms of its financial stability and potential for investor returns. Additionally, its strong Growth and Momentum scores hint at a positive trajectory for the bank in the market. While its Resilience score is slightly lower, indicating a need for potential improvements in risk management, overall, China Minsheng Banking A presents a solid profile for investors seeking steady growth and income opportunities.
China Minsheng Banking Corp., Ltd., primarily engaged in commercial banking operations, offers an array of financial services ranging from deposits to bond issuances. With an impressive Value score of 5 and a top-notch Dividend score, the company showcases solid fundamentals that may appeal to value and income-focused investors. Despite a slightly lower Resilience score, the company’s strong Growth and Momentum scores suggest a positive outlook for its future performance in the banking sector. Overall, China Minsheng Banking A’s Smartkarma Smart Scores paint a picture of a company with stable financial standing and growth potential.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
