Bank of Communications made a net profit of CNY 21,678 mil in the second quarter of 2019, up 4.83% when compared to the same period of last year. This implies a return on equity of 12.0%.
Historically, the bank’s net profit reached an all time high of CNY 21,678 mil in 2Q2019 and an all time low of CNY 9,180 mil in 3Q2010. The average profit in the last six quarters amounted to CNY 19,397 mil.
The bank generated its shareholders an average return on equity of 11.8% in the last five years with maximum at 15.7% and minimum at 9.35%.
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 Bank of Communications profile, or you can download a report on the bank in the report section.
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