CMB’s First Quarter Saw Healthy NIM Rebound
China Merchants Bank’s first quarter outperformed with 1.8% year-on-year growth in net interest income and 8.9% growth in net profits. CMB led the industry's rebound in net interest margin, or NIM, which increased by 4 basis points in the previous quarter to 2.43%. We expect CMB is likely to face less NIM pressure than peers in 2017 thanks to its robust loan growth at 17% and reduced exposure to interbank assets and financial assets investment. Furthermore, a strong NIM was attributable to its p...
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.