《大行》高盛微降招行(03968.HK)目标价至53.53元 今年盈利增长料胜四大行

阿斯达克财经
Mar 31

高盛发表研究报告,引述招商银行(03968.HK) 管理层在2025年业绩电话会议上预期招行2026年收入增长将趋于稳定且呈上升趋势,主要受惠于净息差收窄幅度持续减小(预计2026年下半年企稳)及手续费收入增长持续改善。该行重申其观点,认为招行2026年盈利增长将优于四大国有银行。管理层提及,招行2025年第四季不良贷款形成率上升主要是由于房地产风险的一次性暴露,但由于房地产行业已有充足拨备,影响...

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