- Net Interest Income: China Construction Bank (CCB) reported net interest income of 296.06 billion yuan for the first half of 2024.
- Net Fee & Commission Income: The bank’s net fee and commission income for the same period stood at 62.70 billion yuan.
- Net Interest Margin: CCB’s net interest margin was 1.54% in the first half of the year.
- Earnings Per Share (EPS): The earnings per share were recorded at 66 RMB cents.
- Analyst Ratings: There were 21 buy ratings, 1 hold rating, and no sell ratings for CCB as of the latest assessment.
China Construction Bank H on Smartkarma
Analysts on Smartkarma have provided diverse insights on China Construction Bank H. Travis Lundy, with a bullish leaning, highlighted the consistent positive Southbound net flows, particularly in SOE banks and energy sectors. Lundy observed potential national team buying trends ahead of policy changes, indicating acceptable valuations and promising flows in the market.
On the contrary, Daniel Tabbush, with a bearish leaning, discussed CCB’s plan to list its subsidiary, China Housing Rental, expressing concerns over weak credit metrics overshadowing any potential benefits. Tabbush noted a significant increase in loss NPLs compared to total NPLs, suggesting that CCB’s current low credit costs may not be sustainable in light of deteriorating credit quality.
A look at China Construction Bank H 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
China Construction Bank H, a leading financial institution, has received impressive Smart Scores across various key factors. With top scores in Value and Dividend, the company showcases strong fundamentals and a commitment to rewarding its investors. Additionally, its high Growth and Momentum scores signal potential for future expansion and market performance. However, the slightly lower Resilience score suggests a potential area for improvement in navigating economic challenges.
China Construction Bank Corporation, a prominent player in the financial industry, offers a wide range of banking services to both individuals and corporations. Its diverse business segments, including corporate banking, personal banking, and treasury operations, cater to the varying needs of its customers. Specializing in infrastructure loans, residential mortgages, and bank cards, China Construction Bank is well-positioned to continue its growth and provide value to its stakeholders.
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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