Earnings Alerts

Bank of Hangzhou (600926) Earnings: Prelim 1H Net Income Reaches 10.00B Yuan

  • Preliminary Net Income: Bank of Hangzhou reported a preliminary net income of 10.00 billion yuan for the first half of the year.
  • Non-Performing Loans Ratio: The bank’s preliminary non-performing loans ratio stands at 0.76%.
  • Analyst Ratings:
    • 19 analysts recommend buying Bank of Hangzhou stock.
    • 5 analysts suggest holding the stock.
    • No analysts recommend selling the stock.

A look at Bank of Hangzhou Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE4.0

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 Hangzhou Co.,Ltd, a banking institution, is positioned favorably for long-term growth and stability based on its Smartkarma Smart Scores. With an impressive Value score of 5 and strong scores of 4 for both Dividend and Growth, the company demonstrates solid fundamentals and potential for future development. Additionally, boasting a Momentum score of 5, Bank of Hangzhou shows positive upward momentum in its operations. However, its Resilience score of 2 indicates some vulnerability to external economic shocks, suggesting a need for further risk management strategies.

Overall, Bank of Hangzhou Co.,Ltd’s Smart Scores paint a picture of a company with strong intrinsic value, growth potential, and positive market momentum. While the resilience score raises some concerns about its ability to weather unforeseen challenges, the company’s focus on banking services including deposits, loans, wealth management, and online banking positions it well to capitalize on future opportunities and navigate potential risks.


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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