Earnings Alerts

Bank Of Beijing Co Ltd A (601169) Earnings: 1H Net Income Reaches 14.6B Yuan with Stable Interest Margin

  • Net Income: Bank of Beijing reported a net income of 14.6 billion yuan for the first half of 2024.
  • Net Interest Margin: The bank’s net interest margin stood at 1.47%.
  • Non-Performing Loans Ratio: The ratio of non-performing loans was 1.31%.
  • Analyst Ratings: The bank received 12 buy ratings, 3 hold ratings, and 1 sell rating from analysts.

A look at Bank Of Beijing Co Ltd A Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE4.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Bank of Beijing Co Ltd A seems to have a positive long-term outlook based on the Smartkarma Smart Scores. With top scores in Value and Dividend factors, the company is well-regarded for its financial stability and ability to provide consistent returns to investors. Additionally, its strong Momentum score indicates that the company is on a positive trajectory in terms of market performance.

However, there are some areas for improvement highlighted by the scores. The Resilience score of 2 suggests that the company may face challenges in withstanding economic downturns or market volatility. Nonetheless, with a Growth score of 4, Bank of Beijing Co Ltd A shows promising potential for future expansion and development.

Summary: Bank of Beijing Company Ltd. is a commercial bank that offers a range of banking products and services, including loans, insurance, foreign exchange, and government bonds. It has received high scores in Value, Dividend, Growth, and Momentum, indicating a favorable overall outlook.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars