2018年银行业策略报告：基本面改善带来的估值反转

《2018年银行业策略报告：基本面改善带来的估值反转》由会员上传分享，免费在线阅读，更多相关内容在行业资料-天天文库。

1、行业投资策略报告目录12017年银行股投资逻辑..........................................................................................-4-1.1银行何时能够获得超额收益.................................................................................-5-1.22018年银行股走势的推演.........................................

2、............................................-5-2稳健的业绩增长仍是银行股的基调...................................................................-7-2.1银行股业绩驱动图谱...............................................................................................-7-2.2关于生息资产规模的判定...............

3、.......................................................................-7-2.3关于净息差走势的判定...........................................................................................-8-2.4关于手续费净收入的判定.............................................................................

4、.........-9-2.5关于投资净收益、汇兑净收益以及公允价值变动净收益的判定........-10-2.6关于营业税及附加的判定...................................................................................-11-2.7关于业务及管理费用的判定..............................................................................-11-2.8关于资产减值费用的判定......

5、.............................................................................-12-2.9关于所得税费用的判定........................................................................................-12-2.10关于2018年银行股业绩的最终判断...............................................................-1

6、2-3专题：关注不良与净息差的积极变化............................................................-14-3.1关注不良与净息差的积极变化..........................................................................-14-3.2IFRS9新金融工具准则整体实施方案对银行影响解析...........................-15-4重点关注公司.............................

7、.............................................................................-17-4.1工商银行....................................................................................................................-17-4.2农业银行.........................................................

8、...........................................................-17-4.3招商银行..........................