China Merchants Bank Co Ltd
SSE:600036
China Merchants Bank Co Ltd
Net Interest Income
China Merchants Bank Co Ltd
Net Interest Income Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Net Interest Income | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
China Merchants Bank Co Ltd
SSE:600036
|
Net Interest Income
ÂĄ209.7B
|
CAGR 3-Years
2%
|
CAGR 5-Years
4%
|
CAGR 10-Years
7%
|
||
Agricultural Bank of China Ltd
SSE:601288
|
Net Interest Income
ÂĄ575.9B
|
CAGR 3-Years
0%
|
CAGR 5-Years
4%
|
CAGR 10-Years
3%
|
||
Bank of Communications Co Ltd
SSE:601328
|
Net Interest Income
ÂĄ166.8B
|
CAGR 3-Years
2%
|
CAGR 5-Years
3%
|
CAGR 10-Years
2%
|
||
Bank of China Ltd
SSE:601988
|
Net Interest Income
ÂĄ449.6B
|
CAGR 3-Years
1%
|
CAGR 5-Years
4%
|
CAGR 10-Years
4%
|
||
China Construction Bank Corp
SSE:601939
|
Net Interest Income
ÂĄ589.6B
|
CAGR 3-Years
0%
|
CAGR 5-Years
3%
|
CAGR 10-Years
3%
|
||
Industrial and Commercial Bank of China Ltd
SSE:601398
|
Net Interest Income
ÂĄ630.2B
|
CAGR 3-Years
-2%
|
CAGR 5-Years
1%
|
CAGR 10-Years
3%
|
China Merchants Bank Co Ltd
Glance View
China Merchants Bank Co. Ltd., often abbreviated as CMB, has carved a unique niche in the financial landscape of China since its founding in 1987 in Shenzhen. Emerging as a beacon of modern banking practices, CMB distinguished itself by pioneering the integration of advanced technology with traditional banking services in China. This progressive approach allowed it to flourish in a rapidly transforming economic environment characterized by increased demand for efficient and customer-centric banking solutions. At the heart of the bank's operations lies a diverse array of financial products, including traditional deposit-taking and lending, wealth management services, and innovative digital banking solutions that cater to its extensive retail customer base, as well as small to medium-sized enterprises. CMB’s strategic mix of services, combined with a robust digital platform, ensures a seamless banking experience, thus solidifying its reputation as a leader in the sector. The driving force behind CMB's profitability is its ability to effectively leverage its large customer base and technology-driven infrastructure to generate significant interest income from loans and advances, fee and commission income from its wealth management services, and transaction fees from its digital banking operations. The bank's deft handling of credit risk and its commitment to maintaining a healthy balance sheet have bolstered its financial resilience, allowing it to navigate the ebbs and flows of economic cycles with notable poise. CMB’s innovative spirit is further highlighted by its investment in fintech and strategic collaborations, fostering a dynamic ecosystem that not only boosts its revenue streams but also enhances customer loyalty and satisfaction. As CMB continues to evolve, its emphasis on digital transformation and sustainability positions it well for continued success in the ever-evolving financial services industry.
See Also
What is China Merchants Bank Co Ltd's Net Interest Income?
Net Interest Income
209.7B
CNY
Based on the financial report for Sep 30, 2024, China Merchants Bank Co Ltd's Net Interest Income amounts to 209.7B CNY.
What is China Merchants Bank Co Ltd's Net Interest Income growth rate?
Net Interest Income CAGR 10Y
7%
Over the last year, the Net Interest Income growth was -4%. The average annual Net Interest Income growth rates for China Merchants Bank Co Ltd have been 2% over the past three years , 4% over the past five years , and 7% over the past ten years .