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《大行報告》瑞銀:中行(03988.HK)上季撥備前利潤表現屬四大行中最佳 料可跑贏其他國有商銀
阿思達克 10-31 14:53
瑞銀發表報告指,中國銀行(03988.HK)第三季扣除少數股東權益後純利548億元人民幣,按年升3.3%,符合該行預期;報告指中行上季撥備前利潤表現屬四大行中最佳,期內核心盈利及收入按年分別升0.5%及3.4%,遠好過四大行同業,主要因為離岸業務受惠美國聯儲局加息周期。 期內淨利息收入及淨費用收入,按年分別升0.3%及1.9%,另外實現大額淨交易收益,推動收入增長3.4%,不過營運開支按年升9.1%,令成本收益比率上升1.8個百分點。資產質素趨勢穩定,不良貸款比率1.27%,按季跌1點子。該行預期,中行將會跑贏其他國內銀行同業,評級「買入」,目標價3.9元。
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