平安证券给予招商银行强烈推荐评级 零售拖累营收下行 资产质量波动可控

每日经济新闻
22 Aug 2022

平安证券08月22日发布研报称,给予招商银行(600036.SH,最新价:33.85元)强烈推荐评级。评级理由主要包括:1)营收持续放缓,基金代销拖累中收;2)贷款收益率下行导致息差回落,揽储优势持续稳固;3)不良环比上行,风险抵补充足;4)零售AUM增长稳健,财富管理业务展现韧性。风险提示:1)宏观经济下行导致行业资产质量压力超预期抬升;2)利率下行导致行业息差收窄超预期;3)中美摩擦升级导致...

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