Glonghui, March 14 | J.P. Morgan Chase released a report saying that the Bank of China will start announcing results on March 14. It is expected that various banks will show different profit growth trends, and the market will focus more on this year's prospects than on the fourth quarter of last year's performance. After entering the performance period, the bank preferred CMB and the four major domestic banks because the profits of the four major domestic banks were more visible. According to the bank, data from the China Financial Supervisory Administration shows that net interest spreads contracted by 10 basis points in the fourth quarter of last year, and banking insurance processing rates were lowered, so the market's expectations for revenue growth are low. However, banks, especially CMB, CCB, and Securities and Communications Bank, may benefit from low-base transaction revenue, and revenue growth in the fourth quarter is expected to be slightly higher than in the third quarter. Motong predicts that the asset quality of the Bank of China remained stable in the fourth quarter of last year. According to data from the State Financial Supervision and Administration, the average bank's non-performing loan ratio fell by 2 basis points quarterly in the fourth quarter of last year. The non-performing loan coverage rate showed a slight downward trend, but it was still higher than 200%. Therefore, provision management is a key influencing factor in banks' profit growth. The report also mentioned that based on increased profit visibility, the bank proposed buying CMB and the four major state-owned banks from now until the end of March.