Morgan Stanley-China – Banks 1Q25 Wrap Profits Modestly Missed; Mid to Sma...-115030236
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- 📄 文件全名
- 《Morgan Stanley-China – Banks 1Q25 Wrap Profits Modestly Missed; Mid to Sma...-115030236.pdf》
- 🎯 适合读者
- 战略规划行业研究员
- 📊 核心数据
- large banks, reported modest profit declines in 1Q25: Revenue declined 1.8% yoy
- different types of banks: Loan growth YoY remained between 8% and 10% at large
- pace of loan growth of 0-5%, which helped them maintain more stable NIM trends
- 0.77% on average, and CEB, Huaxia, CITIC, Ping An and Hangzhou released more
- coverage, which remain at ample levels. Considering 1Q25 operating trends and stillattractive 5-6% dividend yields, we believe Minsheng, CITIC bank and Industrial Bank
- 🏷️ 核心议题
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