- Chongqing Rural Bank reported a net income of 3.52 billion yuan in the first quarter.
- The bank’s net interest income reached 5.52 billion yuan.
- With market position, the bank received 7 ‘buy’ ratings, 2 ‘hold’ ratings and 1 ‘sell’ rating from stock analysts.
A look at Chongqing Rural Commercial Bank Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| 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
Chongqing Rural Commercial Bank Co.,Ltd. is positioned for a bright future according to Smartkarma’s Smart Scores. With top scores in Value and Dividend, the company is seen as a solid investment option for those seeking stability and consistent returns. Its high Growth score also suggests promising potential for expansion and development in the long term. However, the company’s lower Resilience score indicates some vulnerability to market fluctuations, while its strong Momentum score reflects positive market sentiment and performance.
Chongqing Rural Commercial Bank Co.,Ltd. offers a range of personal and corporate banking services, making it a versatile player in the financial industry. From deposits and loans to underwriting government bonds and providing insurance agency services, the company serves a diverse client base. With its impressive Smart Scores profile, investors may see Chongqing Rural Commercial Bank as a valuable addition to their portfolio, offering a mix of stability, growth, and income 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.
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