Bank Of Ningbo Co Ltd Class A
002142: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| xJ! | LOCK|&t% | LOCK|#Ff<#R |
Bank of Ningbo Earnings: Fee Income Accelerates on Strong Demand, NIM Rebounds
Bank of Ningbo's, or BONB's, third-quarter net interest and fee income accelerated to 12% and 29%, respectively. However, total revenue and net profit growth decelerated to 8% due to weaker investment income.
