研報掘金丨國信證券:建設銀行基本面穩定,首予“優於大市”評級
國信證券研報指出,建設銀行(601939.SH)2024年實現營收7601.51億元(YoY,-2.54%),歸母淨利潤3355.77億元(YoY,+0.88%)。結合公司前三季度營收同比下降3.30%,利潤同比增長0.13%,四季度營收業績增速均回升。規模擴張放緩,對公及票據起主要拉動作用。公司2024年總資產同比增長5.86%至40.57萬億元。其中,存款、貸款分別同比增長3.73%、8.33%。2024年受淨息差收窄和有效信貸需求不足等因素影響,淨利息收入同比下降4.43%,前三季度該項同比下降5.89%,四季度淨利息收入增速邊際回升。不良率穩中有降,資產質量保持穩健。公司基本面穩定,首次覆蓋給於“優於大市”評級。
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