Galaxy Securities: Positive factors of bank fundamentals continue to accumulate, turning point in performance can be expected.

According to the research report of Galaxy Securities, by the end of the second quarter of 2025, the total market value of bank positions held by active funds was 63.51 billion yuan, an increase of 27.12% compared to the previous quarter; the holding ratio was 4.85%, reaching the highest level since the second quarter of 2021. Low valuation commercial banks and high-quality regional banks are favored by active funds. As banks are weighted stocks in broad-based indexes, they benefit from the expansion of ETFs; medium to long-term funds continue to grow, and in a low interest rate environment, the dividend value of the banking sector still exists. At the same time, positive fundamental factors in the banking sector continue to accumulate, and a turning point in performance can be expected.