Earnings Alerts

Bank Of Nanjing Co Ltd A (601009) Earnings: 1H Net Income Reaches 11.59B Yuan with Strong Buy Ratings

  • Strong Financial Performance: Bank of Nanjing reported a net income of 11.59 billion yuan for the first half of the year.
  • Low Non-Performing Loans Ratio: The bank’s non-performing loans (NPL) ratio stands at a low 0.83%, indicating solid asset quality.
  • Analyst Ratings: The bank received positive analyst ratings with 17 buy recommendations, 2 holds, and no sell ratings.

A look at Bank Of Nanjing 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 Nanjing Co., Ltd. A shows a promising long-term outlook based on the Smartkarma Smart Scores. With top scores in Value and Dividend at 5, it indicates strong fundamentals and a potential for solid returns for investors. Additionally, a score of 4 in Growth suggests that the company is positioned for future expansion and development. However, its Resilience score of 2 indicates some vulnerability to market fluctuations. On the bright side, Bank of Nanjing Co. shows excellent Momentum with a score of 5, indicating strong market confidence and positive trends.

Summary: Bank of Nanjing Co., Ltd. A, a commercial banking entity, offers a range of financial services to both businesses and individuals. With high scores in Value, Dividend, and Momentum, the company showcases potential for growth, solid financial performance, and market favorability. However, its Resilience score suggests a need for careful risk management in a dynamic market environment.


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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