Postal Savings Bank of China made a net profit of CNY 18,861 mil in the second quarter of 2019, up 17.7% when compared to the same period of last year. This implies a return on equity of 15.3%.
Historically, the bank’s net profit reached an all time high of CNY 18,861 mil in 2Q2019 and an all time low of CNY 5,186 mil in 4Q2016. The average profit in the last six quarters amounted to CNY 14,949 mil.
The bank generated its shareholders an average return on equity of 13.0% in the last five years with maximum at 15.3% and minimum at 4.74%.
When compared to bank's main peers, Home Credit China generated a net profit of CNY 439 mil with ROE of 15.3% in 2Q2019, Qudian netted CNY 1,143 mil(ROE of 38.1%) and Lexin FinTech announced a net profit of CNY 628 mil implying ROE of 50.4%.
You can see all the bank’s data at Postal Savings Bank of China profile, or you can download a report on the bank in the report section.
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