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Bank of Hangzhou earnings conference: The adjustment of existing home loan interest rates has a roughly 2-3 basis points impact on net interest margin, with continued downward pressure on net interest margin next year.
①Considering the downward spread of LPR, the adjustment of existing housing loan interest rates will have a certain impact on the revenue in 2025, with a roughly 2-3 basis points impact on the interest margin, but limited impact on 2024. ②The newly occurring non-performing loans mainly come from three aspects: the risk classification downgrade of individual real estate clients, the increasing pressure on micro and small online loan risks exposure, and the growing scale of online credit risks.
Here's What We Like About Bank of Hangzhou's (SHSE:600926) Upcoming Dividend
Baida Group Co.,Ltd (600865.SH): Cumulative sales of bank of Hangzhou stocks this year reached 4.0691 million shares
Baida Group Co.,Ltd (600865.SH) announced that from October 1, 2024 to October 31, 2024, the company sold 2,077,000 shares of Bank of Hangzhou through the Shanghai Stock Exchange stock trading system in a centralized auction manner, with a transaction amount of 29,950,636.00 yuan. The company has sold a total of 4,069,100 shares of Bank of Hangzhou this year, with a total transaction amount of 56,533,977.00 yuan, accounting for 2.47% of the company's most recent audited net assets; cumulatively impacting the net income attributable to the shareholders of the listed company 13,61.
Bank of Hangzhou Report for the Third Quarter of 2024
Bank of Hangzhou (600926.SH): 63.4573 million shares of restricted shares will be lifted on October 28th.
On October 21, Gelonghui announced that the total number of shares listed on the Bank of Hangzhou (600926.SH) this time is 63.4573 million shares. The listing date for the stocks is October 28, 2024.
Bank of Hangzhou (600926.SH): It is planned to distribute a cash dividend of 3.7 yuan per 10 shares to all shareholders as a mid-term dividend.
Grain News October 21st | bank of hangzhou (600926.SH) announced that the company's profit distribution plan for the first half of 2024 is as follows: based on the total share capital of ordinary shares on the record date of the equity distribution, a cash dividend of 3.7 RMB per 10 shares will be distributed to all registered ordinary shareholders. Calculated based on the total share capital of ordinary shares as of June 30, 2024, which is 5,930,286,542 shares, a total of 2,194,206,020.54 RMB in cash dividends is proposed to be distributed (tax included), accounting for the company's attributable portion in the 2024 half-year consolidated financial statements.
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