- Bank of China reported a net income of 118.60 billion yuan for the first half of 2024.
- Net interest income for this period was 226.76 billion yuan.
- The bank’s net interest margin stood at 1.44%.
- Net fee and commission income amounted to 42.86 billion yuan.
- Analyst ratings include 17 buys, 2 holds, and no sells.
A look at Bank Of China Ltd (H) Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
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 China Ltd (H) holds a bright future according to the Smartkarma Smart Scores. With a top score in both Value and Dividend factors, the company seems to offer strong financial stability and returns for investors. The Growth factor also scores well, indicating promising potential for expansion. However, the Resilience score is relatively low, suggesting some vulnerabilities in handling economic downturns. Conversely, the Momentum factor shines with a top score, indicating strong market performance and investor interest in the company.
Bank of China Ltd (H) is a global financial institution that provides a wide range of banking and financial services to both individual and corporate clients. From retail banking to investment banking and fund management, the bank caters to diverse financial needs. With high scores in Value, Dividend, Growth, and Momentum, the company seems to be on a solid path for growth and stability in the long term, despite some resilience challenges.
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.
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