在牛市中被毒打，银行走出了“股灾”行情...

Group 1 - The banking sector is experiencing a significant downturn, with the China Securities Banking Index dropping 15% from its peak, leading to a sense of despair among banking professionals [2][4] - The banking industry has shown minimal growth in recent years, with expectations for continued stagnation in the near future, primarily generating returns through dividends of around 5% [10][11] - The current price-to-earnings (PE) ratio for the banking sector is approximately 6.2, which is close to historical lows, indicating that valuations may have adjusted adequately, although further declines cannot be ruled out [8][12] Group 2 - The projected operating income for the banking sector shows a slight decline from 2022 to 2023, with a forecasted revenue of 56,467.22 billion yuan in 2023, down from 58,529.45 billion yuan in 2022 [11] - The net profit for the banking sector is expected to grow modestly, with a forecasted increase from 20,645.36 billion yuan in 2022 to 20,948.67 billion yuan in 2023, reflecting a growth rate of 1.44% [11] - The maximum historical drawdown for the banking index is noted to be around 20%, with the current maximum drawdown at 12.48%, suggesting that the index may have completed about 60% of its potential drawdown [12][14] Group 3 - The banking index is anticipated to reach a valuation bottom if it declines by approximately 5%, while a further drop of around 9% would indicate a complete bear market adjustment [15] - Historical comparisons suggest that the current market behavior resembles that of early 2015, where significant fluctuations occurred before a new upward trend began [21][24] - The overall sentiment in the banking sector remains cautious, with no clear signs of a bottoming out, despite potential attractiveness of dividends for long-term investors [17][30]