Bank Of Ningbo Co Ltd Class A
002142: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| M!# | LOCK|b% | LOCK|H&n<B!F |
BONB Lifted Dividend Payout Ratio; Tariff Hike Poses Substantial Risks
Business Strategy and Outlook
Bank of Ningbo, or BONB boasts some of the best profitability metrics among peers and above-peers growth over the past decade thanks to a differentiated business strategy and extensive branch network in the most affluent areas in China.
