601128 Jiangsu Changshu Rural Commercial Bank
- 7.53
- +0.04+0.53%
Jiangsu Changshu Rural Commercial Bank News
Guosen Securities (Hong Kong): it is expected that the probability of LPR decline in 2024 is low, and individual stock recommendations include CM Bank and so on.
Guosen Securities (Hong Kong) released a research report stating that the valuation of the banking sector is still at a low level. Quantitative analysis shows that the downward pressure of net interest margin in the second half of the year has decreased, and the subsequent performance growth is expected to be stable, with little downside valuation risk. If the macroeconomic continues to recover, the valuation is expected to be restored, and the industry maintains an 'outperform' rating. In terms of individual stocks, it is recommended to lay out banks with excellent long-term prospects at low valuations, including CM Bank (03968) and Bank of Ningbo (002142.SZ); recommend small rural commercial banks with distinctive features and focusing on small and micro clients, such as Jiangsu Changshu Rural Commercial Bank; recommended attention should be given to stocks with high dividend yields.
Guosen Securities: Valuations of bank sectors are still at low levels, with potential for valuation recovery.
Quantitative analysis of net interest margin influencing factors in 2024.
Changjiang Securities: Real estate policy accelerates bank stock valuation repair
Real estate policies accelerate the systematic valuation of bank stocks and repair the current round of real estate policy levels have exceeded expectations, and the market will continue to observe and price the new real estate policy. If the real estate market stabilizes, it will support the systematic restoration of bank stock valuations.
Changshu Bank (601128.SH) 2023 equity distribution: 0.1 share to distribute 0.25 yuan per share. The share registration date is May 28
Changshu Bank (601128.SH) announced that the company will implement the 2023 annual equity distribution, with cash per share...
Changjiang Securities: Expectations to improve asset quality drive bank stock valuation repair
The Zhitong Finance App learned that Changjiang Securities released a research report saying that PB valuations of bank stocks have been completely “broken” since the second half of 2023. Among them, urban investment and real estate risks are the core influencing factors. As CITIC Chemical Bonds mitigate liquidity risks, the real estate policy will be further relaxed, which will strengthen the logic of improving asset quality, open up valuation limits, and be optimistic that the valuation of high-quality bank stocks will return above 1.0xPB. At the individual stock level, we focus on recommending China Merchants Bank (600036.SH), which has both high dividends and real estate attributes, Changshu Bank (601128.SH), a high-performing stock driven by recovery expectations, and in-depth adjustments from 2023
With EPS Growth And More, Jiangsu Changshu Rural Commercial Bank (SHSE:601128) Makes An Interesting Case
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. Unfortunately, these high risk investments
Shen Wan Hongyuan: Delivering at the bottom of 24Q1 results focuses on high-quality urban agricultural commercial banks whose valuations are close to the sector average
The Zhitong Finance App learned that Shen Wan Hongyuan released a research report saying that the first quarterly report was the fulfillment of expectations to the bottom of performance. The period of greatest pressure on banking performance throughout the year was also the first half of the year. High dividend returns with stable profits and stable dividends in the banking sector are still the focus of short-term market capital. At the same time, attention should be paid to internal sector rotation and focus on high-quality urban agricultural commercial banks whose valuations are close to the average level of the sector. In terms of individual stocks, grasp the two main lines of “high-quality growth” and “steady dividends”. Recommended targets: 1) High-quality regional banks with better performance than peers and dynamic high dividend attributes, Bank of Suzhou (002966.SZ), Sunong Bank (
Huafu Securities: Credit demand is expected to remain high, and the fundamentals of small to medium banks are expected to be repaired at an accelerated pace
The scale of social finance in March was 4872.5 billion yuan, a year-on-year decrease of 514.2 billion yuan.
Guoxin Securities (Hong Kong): High dividend strategies will continue to spread to small and medium-sized banks with sound fundamentals
Market expectations for policies and the economy will change in a favorable direction in the second quarter, but it will not be an environment for strong recovery. Guoxin Securities (Hong Kong) anticipates that the investment style will tend to be balanced, and that high-dividend individual stocks will continue to attract long-term, low-risk capital.
Zhongtai Securities: State-owned banks all achieved positive profit growth in 2023. Prefer urban agricultural commercial banks with cheaper valuations for investment
The economy determines bank stock selection logic. Weak and strong economic recovery correspond to different target varieties, and bank stocks have steady and defensive properties.
Shen Wan Hongyuan: Continued optimism about bank stocks at the bottom of performance, bottom of valuation, and bottom of positions
Shen Wan Hongyuan said that he is optimistic about banks due to the characteristics of undervaluation, low holdings, low expectations and high dividends in the banking sector.
Shareholders in Jiangsu Changshu Rural Commercial Bank (SHSE:601128) Are in the Red If They Invested Three Years Ago
Investors are understandably disappointed when a stock they own declines in value. But it can difficult to make money in a declining market. While the Jiangsu Changshu Rural Commercial Bank Co., Lt
Cinda Securities: Credit achieves a “good start”, banks implement coordination mechanisms to support real estate financing
Cinda Securities released a research report saying that in anticipation of the sustainability of policy tools, we can currently focus on banks with strong fundamentals that are expected to gradually clear out their risks.
Changshu Bank (601128.SH) Performance Report: Net profit attributable to mother in 2023 was 3.282 billion yuan, up 19.61% year-on-year
Gelonghui March 4 | Bank of Changshu (601128.SH) announced the 2023 Annual Results Report. In 2023, the Bank achieved operating income of 9.870 billion yuan, an increase of 12.04% over the previous year; net profit attributable to the Bank's common shareholders was 3.282 billion yuan, an increase of 19.61% year on year. By the end of 2023, the Bank's total assets were $334.479 billion, up 16.19% from the beginning of the year; total loans of $222,439 billion, up 15.00% from the beginning of the year; total deposits of $247.939 billion, up 16.16% from the beginning of the year; and zero non-performing loan ratio
Galaxy Securities: Social Finance Credit continues to have a good start and continues to be optimistic about the allocation value of the banking sector
The steady growth policy orientation has not changed, and the probability of economic stabilization has increased, which is beneficial to the restoration of bank fundamentals. The superposition valuation is at a historically low level, with outstanding cost performance, and continues to be optimistic about the allocation value of the banking sector.
Open Source Securities: January's credit “good start” exceeded expectations, focusing on high-quality regional banks and dividend strategy stock banks
Credit's “good start” in January exceeded expectations, with highlights for both public and retail.
Galaxy Securities: How do you view the impact of overall downgrading+structural interest rate cuts on banks?
The Zhitong Finance App learned that Galaxy Securities released a research report saying that interest rate cuts stabilize market expectations while taking into account banks' needs to reduce debt-side costs and stabilize interest spreads during a good start period, which will help drive a steady decline in comprehensive social financing costs. Overall, the steady growth policy continues, the probability of economic stabilization increases, and market liquidity is expected to remain reasonable and abundant, which is conducive to further improving the banking business environment. Strong fiscal policies, optimization of credit structures, stabilization of interest spreads, and continued resolution of real estate and local debt risks will all provide strong support for banks' business expansion and asset quality optimization. The bank is optimistic about the allocation value of the banking sector
Ping An Securities 23Q4 Active Fund Bank Heavy Position Review: Sector holdings fell slightly month-on-month, and dividend allocation value highlighted
The Zhitong Finance App learned that Ping An Securities released a research report saying that historically, most of the excess earnings performance of bank stocks occurred during the upward phase of economic sentiment, so the upward flexibility of the sector still needs to pay attention to the improvement of economic expectations. However, it should be noted that as a high-dividend type that can provide steady dividends, the fixed income allocation value of bank stocks is also worth paying attention to when risk-free interest rates continue to decline. As of January 22, the dividend rate in the banking sector was 5.87%. The dividend rate is at an all-time high compared to the risk-free interest rate, and dividend attractiveness continues to increase. Currently, the static PB in the sector is only 0.53 times, and the corresponding implied defect rate exceeds
Some directors and supervisors of Changshu Bank (601128.SH) increased their holdings by a total of 692,200 shares
Changshu Bank (601128.SH) announced that some of the company's directors, supervisors and senior management on 2024...
Zhongtai Securities: Defensive attributes continue, the banking sector gains relative gains
Zhongtai Securities released a research report saying that the economy determines banks' stock selection logic, and the recovery of weak and strong economies corresponds to different target varieties.
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