
Bank of Ningbo Co Ltd
SZSE:002142

Bank of Ningbo Co Ltd
Net Interest Income
Bank of Ningbo Co Ltd
Net Interest Income Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Net Interest Income | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Bank of Ningbo Co Ltd
SZSE:002142
|
Net Interest Income
ÂĄ46B
|
CAGR 3-Years
10%
|
CAGR 5-Years
18%
|
CAGR 10-Years
14%
|
|
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Chongqing Rural Commercial Bank Co Ltd
SSE:601077
|
Net Interest Income
ÂĄ23.5B
|
CAGR 3-Years
-1%
|
CAGR 5-Years
3%
|
CAGR 10-Years
N/A
|
|
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Bank of Nanjing Co Ltd
SSE:601009
|
Net Interest Income
ÂĄ25.2B
|
CAGR 3-Years
-2%
|
CAGR 5-Years
3%
|
CAGR 10-Years
8%
|
|
B
|
Bank of Hangzhou Co Ltd
SSE:600926
|
Net Interest Income
ÂĄ24.1B
|
CAGR 3-Years
5%
|
CAGR 5-Years
10%
|
CAGR 10-Years
N/A
|
|
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Bank of Jiangsu Co Ltd
SSE:600919
|
Net Interest Income
ÂĄ53.3B
|
CAGR 3-Years
5%
|
CAGR 5-Years
17%
|
CAGR 10-Years
N/A
|
|
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Bank of Chengdu Co Ltd
SSE:601838
|
Net Interest Income
ÂĄ17.9B
|
CAGR 3-Years
9%
|
CAGR 5-Years
12%
|
CAGR 10-Years
N/A
|
Bank of Ningbo Co Ltd
Glance View
Nestled in the bustling economic hub of China's eastern coast, Bank of Ningbo Co Ltd has emerged as a formidable player in the banking sector. Its establishment in the picturesque city of Ningbo set the stage for swift growth driven by an agile business model adept at capturing the nuances of China's ever-evolving financial landscape. Primarily, the bank serves small and medium-sized enterprises (SMEs), tapping into the entrepreneurial spirit that defines much of the region's economic vigor. Through a network of strategically located branches and an innovative digital platform, Bank of Ningbo stands out by offering tailored financial solutions that cater specifically to the unique needs of local businesses, positioning itself as an indispensable partner in their growth trajectories. The bank's strategy hinges on a diversified revenue stream, deftly balancing traditional banking services—such as deposits and loans—with more progressive offerings, including asset management, wealth management, and investment banking. Regular revenue from interest spread on loans ensures a steady income, while fee-based services provide a cushion against volatile interest rates. This dual approach not only bolsters its financial stability but also underscores its adaptability in meeting market demands. By integrating cutting-edge technology with personalized customer service, Bank of Ningbo not only enhances operational efficiency but also enriches client relationships, reinforcing its solid reputation in both local and national markets.

See Also
What is Bank of Ningbo Co Ltd's Net Interest Income?
Net Interest Income
46B
CNY
Based on the financial report for Sep 30, 2024, Bank of Ningbo Co Ltd's Net Interest Income amounts to 46B CNY.
What is Bank of Ningbo Co Ltd's Net Interest Income growth rate?
Net Interest Income CAGR 10Y
14%
Over the last year, the Net Interest Income growth was 14%. The average annual Net Interest Income growth rates for Bank of Ningbo Co Ltd have been 10% over the past three years , 18% over the past five years , and 14% over the past ten years .