Bank Of Ningbo Co Ltd Class A
002142: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #%g | LOCK|k< | LOCK|DlMRqQ# |
Bank of Ningbo Earnings: Profit Accelerates on Decent Demand; Introduces Interim Dividend
Bank of Ningbo's interim revenue and net profit accelerated to 8% from 5.6% and 5%, respectively, driven by 11% and 4% growth in net interest income and fee income. For the first time, it announced an interim dividend of CNY 0.3 per share.
