Industrial Bank Co Ltd Class A
601166: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #@% | LOCK|t^r | LOCK|$DV^kK |
Industrial Bank Earnings: Margin Remains Under Pressure; Cutting Fair Value by 2% to CNY 21.50
Industrial Bank's, or CIB's, first-quarter revenue fell by 1% year over year, mainly due to a 2% decline in interest income. However, net profit was flat, as lower operating expenses offset the revenue weakness.
