Bank of Communications made a net profit of CNY 21,678 mil under revenues of CNY 56,651 mil in the second quarter of 2019, up 4.83% and 9.07% respectively when compared to the same period last year.
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.
On the other hand, bank’s revenues amounted to an all time high of CNY 102,241 mil in 4Q2015 and an all time low of CNY 24,597 mil in 1Q2010. The average revenues in the last six quarters reached CNY 55,688 mil.
When compared to bank's main peers, Home Credit China generated a quarterly net profit of CNY 439 mil with revenues of CNY 5,024 mil in 2Q2019, Qudian netted CNY 1,143 mil (revenues of CNY 1,935 mil) and Lexin FinTech announced a net profit of CNY 628 mil (revenues of CNY 1,447 mil).
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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