- Minsheng Bank’s net interest margin for the fiscal year was 1.39%, surpassing the estimated 1.36%.
- The bank reported a net income of 32.30 billion yuan, which is a decrease of 9.85% from the previous year.
- Net interest income amounted to 98.69 billion yuan.
- The ratio of non-performing loans stood at 1.47%, indicating the proportion of loans that are at risk of default.
- Net fee and commission income was recorded at 18.25 billion yuan.
- The final dividend per share announced was 6.20 RMB cents.
- Analyst recommendations for Minsheng Bank included 5 buy ratings, 7 hold ratings, and 3 sell ratings.
A look at China Minsheng Banking A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.8 |
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
China Minsheng Banking Corp., Ltd. has been given a varied assessment by Smartkarma Smart Scores, with high ratings in Value and Dividend, showcasing strong fundamentals in these areas. This indicates that the company is financially sound and provides attractive returns to investors. However, the lower scores in Resilience and Momentum suggest some concerns regarding the company’s ability to withstand market fluctuations and its growth potential in the near future. With a solid rating in Growth, China Minsheng Banking A shows promise for expansion, albeit at a slightly slower pace compared to its Value and Dividend prospects.
China Minsheng Banking A‘s operation in commercial banking encompasses a wide range of financial services, from deposits to bond underwriting and trading. This diverse business model provides a solid foundation for its strong Value and Dividend scores, highlighting its stability and income-generating capabilities. Investors should consider these factors along with the slightly lower Resilience and Momentum rankings when evaluating the long-term outlook for China Minsheng Banking A.
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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