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A-shares of bank stocks have rebounded, with Wuxi Rural Commercial Bank rising more than 3%.
On April 25, according to Gelonghui, A-share bank stocks dipped in the afternoon but rebounded, with Wuxi Rural Commercial Bank rising over 3%, followed by Xiamen Bank Co., Ltd., Shanghai Rural Commercial Bank, Jiangsu Zijin Rural Commercial Bank, Bank of Qingdao, and others with notable gains.
Wuxi Rural Commercial Bank (600908): Interest margin remains stable, pay attention to decline.
Wuxi Rural Commercial Bank disclosed its Q1 2025 report, showing year-on-year growth rates for revenue, PPOP, and net profit attributable to shareholders of 3.53%, 5.48%, and 3.13%, which represent changes of -0.62 percentage points and - from 2024.
Bank of Wuxi: First Quarter Report 2025
First Quarter Report of 2025.
Wuxi Rural Commercial Bank (600908): Revenue steadily increases, provisions remain high.
Event: On March 28, Wuxi Rural Commercial Bank released the 2024 annual report, achieving an annual revenue of 4.73 billion, a year-on-year increase of 4.15%, and a net income attributable to shareholders of 2.25 billion, a year-on-year increase of 2.35%. Weighted average return on net assets.
2024 ANNUAL REPORT