Earnings Alerts

Exceeding Estimates: Bank Of Communications Co H (3328) Earnings Surpass Expectations with 1Q Net Income Uplift

  • Bocom’s net income has exceeded estimates by posting 24.99 billion yuan against the estimated 2.1 billion yuan.
  • The net interest income for the first quarter has reached 41.56 billion yuan.
  • Net fee and commission income stands at 11.88 billion yuan.
  • The EPS (Earning Per Share) is recorded at 34 RMB cents.
  • Market sentiment is positive with 14 buys, 5 holds and only 3 sells reported on the stock.

A look at Bank Of Communications Co H Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE4.0

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 utilizing the Smartkarma Smart Scores have painted a promising long-term outlook for Bank Of Communications Co H. With top scores in Value and Dividend factors, the company is deemed solid in terms of financial health and returns to its investors. Additionally, boasting a high Momentum score indicates strong positive price trends that could potentially continue in the future. Despite slightly lower scores in Growth and Resilience factors, the overall outlook suggests a company with significant strengths and potential for long-term success.

Bank of Communications Co. Ltd. is a reputable financial institution providing a comprehensive range of commercial banking services, including both RMB and foreign currency operations. The company’s services encompass deposit facilities, various loan options, international and domestic settlement, currency trading, and other important banking services like letter of credit and bank guarantee. With a solid track record in the financial sector, Bank of Communications Co. Ltd. remains well-positioned to capitalize on its strong Value and Dividend factors, which bode well for its future stability and growth.


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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