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研報掘金丨東方證券:南京銀行經營拐點已現,維持“買入”評級
格隆匯 07-03 15:56

東方證券研報指出,南京銀行(601009.SH)大股東增持空間打開,新管理層注入發展活力,經營拐點已現。2022年以來法巴、市國資委、江蘇交控多次增持,對公司認可度高。銀行保險機構的外資股份比例限制取消後,法巴增持空間進一步打開。新董事長已於年初就任,年輕有為,具備監管系統多年工作經驗,有望帶領公司戰略規劃和經營能力再上台階。在2024Q1營收、利潤增速雙回升,可轉債轉股意願有望進一步驅動業績釋放;年化ROE 較2023 年末提升1.85pct 至13.21%,後續有望繼續修復。參考近三年均值給予24年0.82倍PB,對應目標價12.04元 /股,維持“買入”評級。

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