China Merchants Bank made a net profit of CNY 25,372 mil in the second quarter of 2019, up 14.9% when compared to the same period of last year. This implies a return on equity of 17.7%.
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.
The bank generated its shareholders an average return on equity of 16.6% in the last five years with maximum at 18.1% and minimum at 17.7%.
When compared to bank's main peers, Industrial & Commercial Bank of China generated a net profit of CNY 85,926 mil with ROE of 14.2% in 2Q2019, China Construction Bank netted CNY 77,274 mil(ROE of 14.9%) and China CITIC Bank announced a net profit of CNY 15,091 mil implying ROE of 12.8%.
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.