大行評級 | 瑞信上調招行目標價至78港元,評級跑贏大市
瑞信發表報告指,招商銀行(03968 HK)首季純利按年增長15.2%,大致符合預期,主要受惠於營運狀況改善及撥備增加較慢。與去年底比較,首季貸款增長5.6%,相信有助推動全年利息收入,淨利息收益率表現亦好於預期,存款開支按季減少,手續費收入大幅增長23%,資產質素亦改善,零售銀行增長續強勁。
基於招行增長趨勢正面及財富管理業務發展之可持續性,該行上調今年盈測,目標價自73港元上調至78港元,維持跑贏大市評級。
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