Bank Of Ningbo Co Ltd Class A
002142: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^S | LOCK|>^ | LOCK|^Ft&@^ |
BONB's Fee Income Recovery Remains Strong
Business Strategy and Outlook
Bank of Ningbo, or BONB, boasts some of the best profitability metrics among peers and above-peer growth over the past decade, due to a differentiated business strategy and extensive branch network in the most affluent areas in China.
