China Citic Bank's third-quarter revenue grew 4% year on year, driven largely by a 23% increase in investment income. Net profit growth accelerated to 5% from 3% in the first half, supported by stringent cost controls.
Citic’s bank wealth management products has been growing faster than peers, leveraging its parent's synergies to build an integrated financial platform.
Citic's property exposure faces growing risks due to struggling property sales and rising developer defaults.
Metric | 601998 | 000001 | 601328 |
|---|---|---|---|
Price/Earnings (Normalized) | 7.36 | 5.47 | 8.40 |
Price/Book Value | 0.67 | 0.48 | 0.63 |
Price/Sales | 2.46 | 1.78 | 2.81 |
Price/Cash Flow | 1.00 | 0.45 | 3.68 |
Metric | 601998 | 000001 | 601328 |
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Metric | 601998 | 000001 | 601328 |
|---|---|---|---|
Return on Assets (Normalized) | 0.69% | 0.73% | 0.62% |
Return on Equity (Normalized) | 9.56% | 9.42% | 8.60% |
Return on Invested Capital (Normalized) | — | — | — |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Intesa Sanpaolo ADR ISNPY | LOCK|@#Gxz%?g | LOCK|>T | $124B | |||
| Mizuho Financial Group Inc ADR MFG | LOCK|rVKHBZq | LOCK|Hbq | $124B | |||
| BNP Paribas ADR BNPQY | LOCK|fT^^lW | LOCK|%?f | $118B | |||
| U.S. Bancorp USB | LOCK|H&$>@d< | LOCK|Mqg | $95B | |||
| PNC Financial Services Group Inc PNC | LOCK|&@Z!pQ@ | LOCK|%<&@F | $92B | |||
| Itau Unibanco Holding SA ADR ITUB | LOCK|Jmwt?< | LOCK|kV$ | $87B | |||
| Lloyds Banking Group PLC ADR LYG | LOCK|$T$%<T@ | LOCK|QJX%C | $74B | |||
| Deutsche Bank AG DB | LOCK|^h | LOCK|Smg | $69B | |||
| NatWest Group PLC ADR NWG | LOCK|Gk?HQB | LOCK|@?m!t | $63B | |||
| Truist Financial Corp TFC | LOCK|?#QL<X@ | LOCK|$^ | $60B |
United States