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<Research>Citi: BANKCOMM (03328.HK) 1Q Profit Growth Outperforms Peers; Positive Mkt Reaction Estimated
Recommend 2 Positive 3 Negative 3 |
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BANKCOMM (03328.HK)'s 1Q25 earnings grew 1.5% YoY, outperforming its peers, which may help offset some of the dilution and DPS concerns, according to a research report issued by Citi Research. After taking dilution into account, BANKCOMM's H-shares still offer a respectable dividend yield of 5%, which is still attractive to yield-seeking investors. Hence, the broker expected the market to react positively to BANKCOMM's solid 1Q25 results. Citi Research rated BANKCOMM at Buy, with a target price of $6.81. AAStocks Financial News |
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