China Merchants Bank (OTCMKTS:CIHKY - Get Free Report) released its earnings results on Tuesday. The company reported $0.87 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $11.68 billion for the quarter. China Merchants Bank had a return on equity of 13.27% and a net margin of 30.16%.
China Merchants Bank Stock Down 1.6 %
CIHKY traded down $0.48 during trading on Friday, reaching $29.17. 19,013 shares of the stock were exchanged, compared to its average volume of 34,905. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.84 and a current ratio of 0.84. The stock's 50 day moving average price is $29.01 and its two-hundred day moving average price is $25.86. China Merchants Bank has a twelve month low of $18.20 and a twelve month high of $33.17. The stock has a market cap of $147.13 billion, a P/E ratio of 7.50 and a beta of 0.30.
About China Merchants Bank
(
Get Free Report)
China Merchants Bank Co, Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts. Its loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels.
See Also
Before you consider China Merchants Bank, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and China Merchants Bank wasn't on the list.
While China Merchants Bank currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
