研报掘金丨中金：预计明年内银股营收及纯利均增长净息差压力进一步收窄

格隆汇2025-12-16

格隆汇12月16日｜中金公司发表研究报告指，继续看好内银股的绝对收益与相对收益表现，预期其覆盖的上市银行，2026及27年营业收入将按年升2.5%及3.6%，归母净利润按年升1.9%及2.6%，因净息差压力进一步收窄，信贷投放减量提质，主要源自信贷需求较弱以及风险补偿不足，投放的区域、行业特征更加明显。另外，经过几年降费让利和高基数压力消化，手续费收入增速有望企稳回升。虽然小微企业和零售客户相关...

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研报掘金丨中金：预计明年内银股营收及纯利均增长 净息差压力进一步收窄

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研报掘金丨中金：预计明年内银股营收及纯利均增长净息差压力进一步收窄