
Bank of Ningbo Co Ltd
SZSE:002142

Bank of Ningbo Co Ltd
Revenue
Bank of Ningbo Co Ltd
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Bank of Ningbo Co Ltd
SZSE:002142
|
Revenue
ÂĄ68.4B
|
CAGR 3-Years
7%
|
CAGR 5-Years
12%
|
CAGR 10-Years
15%
|
|
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Chongqing Rural Commercial Bank Co Ltd
SSE:601077
|
Revenue
ÂĄ28.4B
|
CAGR 3-Years
0%
|
CAGR 5-Years
2%
|
CAGR 10-Years
N/A
|
|
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Bank of Nanjing Co Ltd
SSE:601009
|
Revenue
ÂĄ50B
|
CAGR 3-Years
6%
|
CAGR 5-Years
8%
|
CAGR 10-Years
13%
|
|
B
|
Bank of Hangzhou Co Ltd
SSE:600926
|
Revenue
ÂĄ37.5B
|
CAGR 3-Years
9%
|
CAGR 5-Years
11%
|
CAGR 10-Years
N/A
|
|
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Bank of Jiangsu Co Ltd
SSE:600919
|
Revenue
ÂĄ80.5B
|
CAGR 3-Years
9%
|
CAGR 5-Years
13%
|
CAGR 10-Years
N/A
|
|
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Bank of Chengdu Co Ltd
SSE:601838
|
Revenue
ÂĄ23B
|
CAGR 3-Years
10%
|
CAGR 5-Years
13%
|
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 Revenue?
Revenue
68.4B
CNY
Based on the financial report for Sep 30, 2024, Bank of Ningbo Co Ltd's Revenue amounts to 68.4B CNY.
What is Bank of Ningbo Co Ltd's Revenue growth rate?
Revenue CAGR 10Y
15%
Over the last year, the Revenue growth was 6%. The average annual Revenue growth rates for Bank of Ningbo Co Ltd have been 7% over the past three years , 12% over the past five years , and 15% over the past ten years .