天风证券：阶段性调整不改银行股估值修复的长期逻辑

Group 1 - The downward pressure on banks' net interest margins is easing, which will support performance stabilization [1] - The banking sector remains attractive to funds due to its solid fundamentals, stable dividends, and low valuations, especially after recent regulatory changes benefiting public funds and long-term capital entering the market [1] - After a short-term correction, the investment cost-effectiveness of the banking sector has further highlighted, and the valuation repair logic driven by dividend value may continue [1]