研報掘金|中信證券:紅利空間驅動銀行板塊估值繼續修復
中信證券研報指出,近期銀行板塊延續向好行情,資金持續青睞國有大行,行業指數上週創下年內新高;週五出現回調,市場高度關注後續行情走勢。我們預計,二季度銀行經營景氣度穩定,擴表策略審慎,息差走勢符合預期,信用風險格局穩定。銀行股正在經歷金融產品風險收益比變化邏輯下的增配過程,紅利框架下的估值修復邏輯仍在延續,建議投資者繼續增配。
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