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《大行報告》瑞銀:招行(03968.HK)去年盈利增長加快優於預期 評級「買入」
阿思達克 01-16 10:16
瑞銀發表報告指,招商銀行(03968.HK)公布在2022財年初步業績表現,稅後淨利潤為1,380億元人民幣,按年增15.1%,優於市場預期的12.8%增長;招行去年第四季稅後淨利潤達311億元人民幣,由2021年首九個月按年增14.2%,加快至去年第四季增18.2%。 該行指,由於招行收入增長由去年首九個月按年增5.3%放緩至按年增0.1%,故公司盈利增長加速主要是釋放其撥備和季內稅率成效較低;收入上升走勢疲軟,主要是非利息收入按年跌10.2%,並因去年第四季債券收益率上升或手續費收入仍然疲軟。 瑞銀維持招行目標價為54.8元及其評級為「買入」。
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