Wuxi Rural Commercial Bank Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 08:49 am
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Wuxi Rural Commercial Bank Co.,Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported net interest income was CNY 2,587.98 million compared to CNY 2,417.54 million a year ago. Net income was CNY 1,195.26 million compared to CNY 1,001.73 million a year ago. Basic earnings per share from continuing operations was CNY 0.64 compared to CNY 0.54 a year ago. Diluted earnings per share from continuing operations was CNY 0.55 compared to CNY 0.47 a year ago.
Wuxi Rural Commercial Bank Co., Ltd. is a China-based regional commercial bank principally involved in banking and related financial business. The Bank operates three business segments. Corporate segment provides services to public clients, including public loans, open bills, trade finance, public deposits and remittances. Personal segment provides banking services to individual customers, including retail loan, savings deposit, credit card and remittance businesses. Treasury segment includes transactional financial instruments, bond investments, repurchase and resale bonds, as well as interbank lending. The Bank operates its businesses primarily in Wuxi and other regions of Jiangsu, China.