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《大行報告》大摩:東亞(00023.HK)去年下半年稅後溢利強勁 受淨息差及較低成本帶動
阿思達克 02-17 10:07
摩根士丹利發表報告指,東亞(00023.HK)去年下半年稅後溢利達29億元,分別較該行及市場預測高出54%及50%,主要是淨利息收入表現較佳及成本較低;淨利息收入按年升36%至77億元,分別較該行及市場預測高出7%及13%,年度淨息差擴至1.65%;非淨利息收入則較該行及市場預測低了4%及3%,主要是受到貸款相關費用表現弱以及財富費用較疲軟。 該行表示,下半年不良貸款比率升至2.39%,信用質量將會是市場的關注點;該行表示,即使內地重開帶來潛在推動力,但展望東亞前景仍然具挑戰性,管理層亦預測高利率環境在今年內仍然會持續。 該行給予其目標價為11.5元,維持評級「與大市同步」。(ca/k) ~
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