投资要点事件:国泰君安发布2025年一季度业绩,实现营业收入117.7亿元,同比+47.5%;归母净利润122.4亿元,同比+391.8%,主要是由于吸收合并海通证券产生负商誉;扣非归母净利润32.9亿元,同比+61%,对应扣非EPS 0.30元,扣非ROE1.69%,同比+0.43pct。财富管理深化分客群经营模式,并表后市占率显著提升:2025年一季度实现经纪业务收入26.5亿元,同比+...
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