China Citic Bank Corp Ltd Class A
601998: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| z.r | LOCK|gc | LOCK|>Mcb<J! |
Citic Bank Earnings: Better Near-Term Outlook From Cost Savings; Fair Value Intact
China Citic Bank's first-quarter revenue rose 5% year over year, with interest income and fee income increasing 2% and 7%, respectively. Net profit grew 3%, despite a 12% rise in provisioning expense.
