Bank of Communications - Profitability

Net Profit (CNY mil) & ROE (%)
Banking | China | October 11, 2019
$2.99
Excel Sheet

Bank of Communications made a net profit of CNY 73,630 mil in 2018, up 4.85% compared to the previous year. This implies a return on equity of 10.7%.

Historically, the bank’s net profit reached an all time high of CNY 73,630 mil in 2018 and an all time low of CNY 1,604 mil in 2004. The average profit in the last five years amounted to CNY 68,688 mil.

The bank generated its shareholders an average return on equity of 12.1% in the last five years with maximum at 14.7% and minimum at 10.7%

Comparing Bank of Communications with its closest peers, Home Credit China generated a net profit of CNY 1,297 mil with ROE of 11.2% in 2018, Qudian netted CNY 2,491 mil (ROE of 24.5%) and Lexin FinTech announced a net profit of CNY 1,977 mil implying ROE of 68.1%.

Bank of Communications has been ranked 81th within the group of 146 banks we follow in terms of return on equity in 2018.

You can see all the bank’s data at Bank of Communications Profile, or you can download a report on the bank in the report section.