China Citic Bank Corp Ltd Class H
00998: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| G.> | LOCK|H? | LOCK|b^cJ$h |
Citic Bank Earnings: Margin Sequentially Improved; Raising Fair Value Estimate by 4%
Citic Bank's second-quarter net profit grew 3%, driven by 4% growth in interest income despite a 3% decline in noninterest income. The interim dividend rose 8% to CNY 0.20 per share, with the payout ratio increasing to 32% from 30%.
