结构调优成银行价值重估突破口

证券市场周刊
Dec 04, 2025

在需求走弱、定价反弹空间有限的环境下,银行需从“价格战”转向“价值战”,突破息差的局限性,通过结构优化和综合服务提升信贷业务的整体价值。银行股红利价值和资金配置空间仍存,但结构调优逐步成为2026年银行价值重估的突破口。2025年以来,银行板块整体表现弱于2024年同期,阶段性行情显著,资金面仍为主要催化因素,驱动银行红利价值加速兑现。截至2025年11月14日,银行板块年初至今累计上涨10.8%...

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