Industrial Bank Co Ltd Class A
601166: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <$ | LOCK|#>J | LOCK|wpsr>#b |
Industrial Bank Earnings: Interest Income Returns to Growth; Valuation Unchanged
Industrial Bank's, or CIB's, third-quarter revenue fell 0.8% year over year, but net profit was flat. Management announced an interim dividend for the first time at CNY 5.65 per 10 shares, representing a payout ratio of 30%.
