Gelonghui November 1st | JPMorgan issued a research report stating that the third-quarter profit of Postal Savings Bank of China is slightly lower than JPMorgan's forecast, but may be higher than market expectations. During the period, Postal Savings Bank of China's profit increased by 3% year-on-year, which is 3 percentage points lower than the bank's expectations. However, JPMorgan pointed out that the third-quarter fee growth of Postal Savings Bank of China turned positive for the first time since the first quarter of 2023. Pre-provision operating profit increased by 9% year-on-year, also turning into positive growth. The bank maintains a 'shareholding' rating for Postal Savings Bank of China.
大行评级|摩根大通:维持邮储银行“增持”评级 第三季手续费增长转为正数
Major Banks Rating | JPMorgan: Maintains 'Shareholding' Rating for Postal Savings Bank of China, Third Quarter Fee Growth Turns Positive
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.