Bank of Ningbo Co Ltd
SZSE:002142

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Bank of Ningbo Co Ltd
SZSE:002142
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Price: 23.98 CNY -2.91% Market Closed
Market Cap: 158.4B CNY
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Bank of Ningbo Co Ltd
Net Income (Common)

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Bank of Ningbo Co Ltd
Net Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
Bank of Ningbo Co Ltd
SZSE:002142
Net Income (Common)
ÂĄ25.8B
CAGR 3-Years
14%
CAGR 5-Years
15%
CAGR 10-Years
17%
Chongqing Rural Commercial Bank Co Ltd
SSE:601077
Net Income (Common)
ÂĄ10.7B
CAGR 3-Years
8%
CAGR 5-Years
3%
CAGR 10-Years
N/A
Bank of Nanjing Co Ltd
SSE:601009
Net Income (Common)
ÂĄ18.8B
CAGR 3-Years
8%
CAGR 5-Years
9%
CAGR 10-Years
14%
B
Bank of Hangzhou Co Ltd
SSE:600926
Net Income (Common)
ÂĄ15.4B
CAGR 3-Years
28%
CAGR 5-Years
23%
CAGR 10-Years
N/A
Bank of Jiangsu Co Ltd
SSE:600919
Net Income (Common)
ÂĄ25.6B
CAGR 3-Years
15%
CAGR 5-Years
13%
CAGR 10-Years
N/A
Bank of Chengdu Co Ltd
SSE:601838
Net Income (Common)
ÂĄ12.2B
CAGR 3-Years
21%
CAGR 5-Years
18%
CAGR 10-Years
N/A
No Stocks Found

Bank of Ningbo Co Ltd
Glance View

Market Cap
158.4B CNY
Industry
Banking

Bank of Ningbo Co Ltd, established in 1997, has emerged as a formidable player in China's rapidly expanding banking sector. With its roots firmly planted in Ningbo, a city known for its vibrant economy and strategic position as a trade hub, the bank has effectively leveraged local strengths to grow its customer base and expand its reach. As of October 2023, Bank of Ningbo boasts a robust asset portfolio and a wide range of financial products and services, including personal banking, corporate financing, and wealth management. Investors are particularly drawn to the bank's commitment to innovation and digital transformation, which has positioned it well to compete in an increasingly tech-driven financial landscape. What makes Bank of Ningbo especially appealing to potential investors is its consistent financial performance and prudent management strategy. The bank has shown resilience in navigating market fluctuations, displaying a solid track record of profitability and capital adequacy. With a focus on strategic expansion and customer-centric services, it has cultivated strong relationships with small and medium-sized enterprises, contributing significantly to its loan portfolio. As China continues to shift towards a more service-oriented economy, the Bank of Ningbo is poised to capitalize on growing demand for banking services. For investors looking for a stable yet dynamic investment in the Chinese financial sector, Bank of Ningbo presents an intriguing opportunity grounded in sound fundamentals and innovative growth strategies.

Intrinsic Value
72.06 CNY
Undervaluation 67%
Intrinsic Value
Price

See Also

What is Bank of Ningbo Co Ltd's Net Income (Common)?
Net Income (Common)
25.8B CNY

Based on the financial report for Sep 30, 2024, Bank of Ningbo Co Ltd's Net Income (Common) amounts to 25.8B CNY.

What is Bank of Ningbo Co Ltd's Net Income (Common) growth rate?
Net Income (Common) CAGR 10Y
17%

Over the last year, the Net Income (Common) growth was 5%. The average annual Net Income (Common) growth rates for Bank of Ningbo Co Ltd have been 14% over the past three years , 15% over the past five years , and 17% over the past ten years .

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