JPM Expects Strong Income and NIM Inflection at ABC to Boost Share Price, TP HKD6.25

AASTOCKS News
2026.05.04 07:03
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JPMorgan's research report indicates that ABCexperienced a 1Q26 revenue growth of 11% YoY and a net profit growth of 5% YoY, driven by a rebound in net interest margin (NIM) and strong non-interest income. The broker anticipates that these factors will enhance the share price, assigning a Neutral rating with a target price of HKD6.25.