《大行報告》野村:招行(03968.HK)去年盈利大致符合預期
野村發表報告指,招商銀行(03968.HK)預告2023財年純利按年升6.2%至1,470億元人民幣,大致上符合該行預期,意味著上季純利按年升5%,營運收入按年跌1.6%,高於預期,淨利息收入按年跌2%,略高於預期,意味著即使總貸款按年擴大8%增長,淨息差收窄較預期高。
基於淨利息收入按年跌25個基點,該行預料全年淨息差達2.16%,上季淨息差或按季收窄5個基點。該行給予其目標價為45.13元,其評級為「買入」。(ca/w)
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