BOC's 3Q Revenue Growth Remained Weaker than Peers'
Despite a modest growth improvement in revenue and net profits to 3.3% and 5.3%, respectively, for the first three quarters, narrow-moat Bank of China's, or BOC's, third-quarter results remained weaker than peers'. Growth in preprovision operating profits, or PPOP, picked up to 4.3% while it remained lower than the 8% to 10% range of large peers including CCB and BOCOM. BOC’s accelerated growth was primarily attributable to surge in investment returns while net interest income and fee income gro...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.