UBS Equities-China Banks _Q124 Preview Widening divergence; Be selective...-107451688

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📄 文件全名: 《UBS Equities-China Banks _Q124 Preview Widening divergence; Be selective...-107451688.pdf》
🎯 适合读者: 战略规划行业研究员
📊 核心数据: for major JSBs (excl. PAB) to outperform large banks (avg. -2.0% YoY vs -4.5% YoY)
banks at +0.2%/-0.2% YoY. While most regional banks have not released 2023 annual
10% vs -5% YoY for major JSBs/large banks). We expect banks to still report steady NPL
with stabler NIM and likely positive revenue growth at 2.0% YoY. PAB, however, may still
report double-digit revenue/ PPOP decline in Q124 (-13.4%/-15.8% YoY) from
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报告摘要

Global Research and Evidence Lab Q124 Preview: Widening divergence; Be selective Deeper revenue & PPOP decline; earnings to stay largely flat

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《UBS Equities-China Banks _Q124 Preview Widening divergence; Be selective...-107451688》主要包含哪些内容?

Global Research and Evidence Lab Q124 Preview: Widening divergence; Be selective Deeper revenue & PPOP decline; earnings to stay largely flat核心数据:for major JSBs (excl. PAB) to outperform large banks (avg. -2.0% YoY vs -4.5% YoY);banks at +0.2%/-0.2% YoY. While most regional banks have not released 2023 annual;10% vs -5% YoY for major JSBs/large banks). We expect banks to still report steady NPL。

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