In today’s briefing:
- Punjab National Bank – Soaring Recoveries, From High NPLs, Pushes Profit Up 5.4x
- Weekly Wrap – 30 Jun 2023
Punjab National Bank – Soaring Recoveries, From High NPLs, Pushes Profit Up 5.4x
- Bank analysts sometimes like a story with high NPLs; recoveries can be powerful to profit
- For the past 7 quarters, NPLs are in decline at PNB, but most recent quarter is strongest
- There remains a large pool of NPLs at 8.7% of loans, for possible ongoing recoveries
Weekly Wrap – 30 Jun 2023
Lucror Analytics Weekly Wraps provide an overview of all Morning Views comments and reports published by our analyst team in the past week, and also showcase a list of the most-read reports.
In this Insight:
- Central China Real Estate
- Sino-Ocean Group
- China Jinmao Holdings
- Lifestyle International Holdings
- Geely Auto
and more…
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