China Merchants Bank Reports H1 Net Interest Income of RMB 112.022 Billion, Up 5.6% Year-on-Year

Deep News08-28 18:40

On August 28, financial frontline news revealed that China Merchants Bank Co.,Ltd. released its interim results today. The data shows that during the reporting period, the group achieved operating revenue of RMB 178.181 billion, representing a year-on-year increase of 4.83%. Net profit attributable to shareholders of the bank reached RMB 76.445 billion, up 2.02% year-on-year. Net interest income amounted to RMB 112.022 billion, growing 5.60% year-on-year, while non-interest net income stood at RMB 66.159 billion, up 3.56% year-on-year.

The annualized return on average total assets (ROAA) attributable to shareholders of the bank and the annualized return on average net assets (ROAE) attributable to ordinary shareholders of the bank were 1.14% and 13.42%, respectively, representing declines of 0.07 and 0.43 percentage points compared to the same period last year.

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