- Industrial Bank’s net income for the first quarter was 23.80 billion yuan, falling short of the estimated 28.16 billion yuan.
- Net interest income came in at 37.72 billion yuan, which is below the estimated 38.84 billion yuan.
- Earnings per share (EPS) were reported at 1.05 yuan.
- Analyst ratings include 20 buy recommendations, 4 hold, and 4 sell.
A look at Industrial Bank Co Ltd A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
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
Analysts at Smartkarma have rated Industrial Bank Co Ltd A highly across various factors, indicating a positive long-term outlook for the company. With top scores in both value and dividend, the bank is seen as a solid investment option for those looking for stable returns. Additionally, its momentum score suggests the company is heading in the right direction, poised for potential growth in the future.
While the growth and resilience scores are slightly lower, they still show promise for Industrial Bank Co Ltd A. The company, which primarily provides banking services such as deposits, loans, and fund management, targets individuals and enterprises as its main client base. Overall, with strong value and dividend scores, Industrial Bank Co Ltd A appears to be a reliable choice for investors seeking steady performance in the banking sector.
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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