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<Research>G Sachs: CM BANK (03968.HK) 2025 Results in Line; TP Added to $53.44
Recommend 5 Positive 9 Negative 2 |
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CM BANK (03968.HK) has announced 2025 preliminary results, with revenue and net profit at RMB338/ 150 billion, implying RMB86/ 36 billion for 4Q25, respectively, Goldman Sachs released a research report saying. This corresponds to a 2025/ 4Q25 net profit growth of 1%/ 3%, largely in line with the broker's forecasts for the big 4 banks. Goldman Sachs believed that CM BANK offers a high dividend yield and better DPS growth. Therefore, the broker kept rating at Buy, and added its target prices for CM BANK's H-/ A-shares from $53.41/ RMB54.68 to $53.44/ RMB54.71. AASTOCKS Financial News Website: www.aastocks.com |
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