Earnings Alerts

China Everbright Bank Co A (601818) Earnings: 1H Net Income Reaches 24.49B Yuan Amid Positive Ratings

  • Everbright Bank reported a net income of 24.49 billion yuan for the first half of 2024.
  • The bank’s non-performing loans ratio stands at 1.25%.
  • Among analysts, there are 6 buy recommendations for Everbright Bank’s stock.
  • 4 analysts are holding on to their current recommendations.
  • 2 analysts recommend selling the stock.

A look at China Everbright Bank Co 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

China Everbright Bank Company Limited, a banking services provider, is forecasted to have a positive long-term outlook based on the Smartkarma Smart Scores. With top scores in Value and Dividend, the company demonstrates strong fundamentals and a commitment to rewarding its shareholders. Additionally, a solid Growth score suggests potential for future expansion, while high Momentum indicates positive market sentiment towards the company. However, the lower Resilience score may indicate some vulnerability to economic downturns or market uncertainties.

Overall, China Everbright Bank Co A‘s Smart Scores paint a promising picture for investors looking at the company’s long-term prospects. With a focus on value, dividend payouts, and growth potential, coupled with strong momentum, the bank appears well-positioned to capitalize on opportunities in the evolving financial landscape.


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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