《大行報告》中金料內銀股利潤增長或創五年最高 薦四大行、招行及光行等
中金發表報告指,國新辦舉行推動銀行業保險業高質量發展新聞發布會,其中提及貸款利率預期回升、各項金融風險有序化解。該行重申看好今年銀行業績和股價表現,息差企穩、信用成本自高位回落,銀行業利潤增長速度可能創過去五年最高值。與此同時,各類潛在問題資產風險有序出清,有利於行業估值修復。
該行個股推薦存在估值修復空間的興業銀行(601166.SH)、光大銀行A/H(601818.SH)(06818.HK)、四大行A/H,以及受益於新一輪業績估值分化週期的招商銀行A/H(600036.SH)(03968.HK)、平安銀行(000001.SZ)和常熟銀行(601128.SH)。
中金提到,評論流動性溫和收斂,利好銀行貸款定價。去年以來各國採取積極的財政政策和寬鬆的貨幣政策以應對疫情,近幾個月通脹預期上行,該行預計政策和流動性可能出現拐點。另外。銀保監會主席郭樹清表示,隨著今年市場利率回升,預計貸款利率也會有所回升。
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