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Listed lenders & insurers' Q1 Reports
Last Updated(Beijing Time):2012-04-28 09:55

Lenders:

CCB Q1 net profit up 9.26 pct

China Construction Bank Corp., the country's second-largest lender by market value, said Friday its net profit for the first quarter of the year rose 9.26 percent year on year to 51.6 billion yuan (8.23 billion U.S. dollars).

ICBC Q1 net profit rises 14 pct

Industrial and Commercial Bank of China (ICBC), the nation's largest lender by market value, said Friday its net profit rose 14 percent year on year to 61.34 billion yuan (9.77 billion U.S. dollars) in the first quarter of 2012.

Agricultural Bank reaps strong Q1 profits

The Agricultural Bank of China, one of China's leading state-owned commercial banks, announced Friday its net profit hit 43.5 billion yuan (6.9 billion U.S. dollars) in the first quarter of 2012, up 27.6 percent year on year.

BOC Q1 profit up 9.8%

Bank of China (BOC), the country's third-largest lender by assets, said Thursday it reaped 38.45 billion yuan ($6.11) in after-tax profit in the first quarter of 2012, up 9.82 percent year on year.

China Merchants Bank Q1 net profit up 32.16 pct

China Merchants Bank Co., Ltd., the country's sixth-largest lender by assets, said Friday that its net profit during the first quarter of this year surged 32.16 percent year on year to reach 11.64 billion yuan (1.86 billion U.S. dollars).

BoCom Q1 net profit up 19.58 pct

Bank of Communications, China's fifth-largest lender by assets, said Friday that its net profit in the first quarter rose 19.58 percent year on year on widening interest margins and growing revenue from fee-based businesses.

Minsheng Bank profit surges 47.7% in Q1

China Minsheng Banking Corp Ltd announced Thursday that its net profit surged 47.7 percent to 9.17 billion yuan ($1.46 billion) in the first quarter of this year.

China Everbright Bank profit up 41% in Q1

China Everbright Bank's profit jumped 41 percent year on year to reach 6.86 billion yuan ($1.07 billion) for the first quarter of the year, the mid-sized lender said in a statement filed to the Shanghai Stock Exchange.

Insurers:

Ping An net profit rises 4.3 pct

Ping An Insurance Group, one of China's major insurers, said Friday that its net profits in the first quarter rose 4.3 percent from a year earlier to 6.06 billion yuan (966 million U.S. dollars).

China Life Q1 net profit drops 29.4 pct

China Life Insurance Co., the country's biggest life insurer, said Wednesday its net profit for the first quarter of this year plunged 29.4 percent year-on-year to 5.63 billion yuan (894 million U.S. dollars).

Source:CE.cn 
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