花旗：予重庆农村商业银行纳入90日正面催化剂观察名单 评级“买入”

Core Viewpoint - Citigroup has set a target price of HKD 7.53 for Chongqing Rural Commercial Bank (03618) and maintains a "Buy" rating, placing the bank on a 90-day positive catalyst watchlist, anticipating that its upcoming Q4 2025 earnings report (expected on March 25) will likely exceed market forecasts [1] Financial Performance Expectations - The bank is expected to achieve a year-on-year profit growth of 16% for the quarter, which implies a 5% growth for the entire previous year, surpassing market consensus by approximately 1% [1] - Citigroup forecasts that Chongqing Rural Commercial Bank's revenue and profit growth will accelerate to 5% and 10% year-on-year, respectively, driven by strong corporate loan growth, stable net interest margins, and increased income from bank insurance, wealth management, and precious metals-related fees, which are expected to double year-on-year [1]