- Chongqing Rural Bank reported a non-performing loans (NPL) ratio of 1.19% for the first half of 2024.
- The coverage ratio for non-performing loans was 360.3%.
- Analyst recommendations include:
- 7 buys
- 2 holds
- 1 sell
A look at Chongqing Rural Commercial Bank 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
Chongqing Rural Commercial Bank Co., Ltd. is poised for a solid long-term outlook, according to the Smartkarma Smart Scores. With top scores in Value and Dividend factors, the company demonstrates strong financial fundamentals and a commitment to rewarding its investors. Additionally, high scores in Growth and Momentum suggest promising potential for future expansion and market performance. However, the lower Resilience score indicates some vulnerability to economic fluctuations, which investors should keep in mind. Overall, Chongqing Rural Commercial Bank appears well-positioned for growth and value creation in the banking sector.
Chongqing Rural Commercial Bank Co., Ltd. is a financial institution that offers a wide range of banking and financial services for both individuals and businesses. From traditional services such as deposits and loans to modern solutions like bank card services and insurance agency, the company caters to diverse customer needs. By excelling in key areas such as Value, Dividend, and Momentum, Chongqing Rural Commercial Bank showcases its potential for continued success and stability in the competitive banking industry. Investors may find the company attractive for its strong performance indicators and comprehensive service offerings.
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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