China Merchants Bank made a net profit of CNY 25,372 mil under revenues of CNY 70,329 mil in the second quarter of 2019, up 14.9% and 6.94% respectively when compared to the same period last year.
Historically, the bank’s net profit reached an all time high of CNY 25,372 mil in 2Q2019 and an all time low of CNY 9,196 mil in 4Q2015. The average profit in the last six quarters amounted to CNY 21,862 mil.
On the other hand, bank’s revenues amounted to an all time high of CNY 70,329 mil in 2Q2019 and an all time low of CNY 35,401 mil in 4Q2015. The average revenues in the last six quarters reached CNY 63,099 mil.
When compared to bank's main peers, Industrial & Commercial Bank of China generated a quarterly net profit of CNY 85,926 mil with revenues of CNY 194,236 mil in 2Q2019, China Construction Bank netted CNY 77,274 mil (revenues of CNY 178,636 mil) and China CITIC Bank announced a net profit of CNY 15,091 mil (revenues of CNY 45,207 mil).
You can see all the bank’s data at China Merchants Bank Profile, or you can download a report on the bank in the report section.
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