Bank Of Ningbo Co Ltd A (002142) Earnings: 1H Net Income Rises 5.4% to 13.6B Yuan, NPL Ratio at 0.76%

Bank Of Ningbo Co Ltd A on Smartkarma

Analyst coverage of Bank Of Ningbo Co Ltd A on Smartkarma reveals insights from Daniel Tabbush, who published a report titled “Bank of Ningbo – 24bps NIM Decline, Lower LDR, 18% Higher NPLs“. Tabbush’s sentiment leans bearish as he highlights concerns over the bank’s sharply lower Net Interest Margin (NIM) year over year, along with a declining Loan-to-Deposit Ratio (LDR) that may impact core earnings. The report points out high real estate loan growth and a significant increase in Non-Performing Loans (NPLs), raising red flags about the bank’s financial health.

The analysis by Daniel Tabbush underscores Bank Of Ningbo’s challenges, with margins declining from 1.79% to 1.55% in the latest quarter and the LDR dropping to 73% from 78% year over year. The increase in NPLs from RMB7.9bn to RMB9.3bn in the same period is a particular area of concern, despite the NPL ratio not reflecting the full impact due to rising total loans. Investors monitoring Bank Of Ningbo Co Ltd A would benefit from considering Tabbush’s cautious insights to make informed decisions about their investment strategies.

A look at Bank Of Ningbo Co Ltd A Smart Scores

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 Ningbo Company Ltd, a full-service commercial bank based in China, is poised for a solid long-term outlook according to Smartkarma Smart Scores. With top marks in Value and Momentum, the bank demonstrates strong potential for growth and a sound investment value. Additionally, its respectable scores in Dividend and Growth further solidify its position in the market. However, its lower score in Resilience indicates a potential area of improvement. Overall, Bank of Ningbo Co Ltd A presents a promising profile for investors seeking a company with growth potential and value in the banking sector.

Bank of Ningbo Company Ltd, a Chinese commercial bank offering a range of financial services, is backed by solid ratings across key factors according to Smartkarma Smart Scores. With robust scores in Value, Dividend, Growth, and Momentum, the bank showcases strengths in various areas essential for long-term success. While its Resilience score is comparatively lower, investors may find comfort in the bank’s overall positive outlook and potential for growth. For those looking to invest in a reputable bank with promising prospects, Bank of Ningbo Co Ltd A appears to be a compelling choice in the market.

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