Xiamen Bank Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 05:53 am EDT
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Xiamen Bank Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported net interest income was CNY 1,118.91 million compared to CNY 1,012.52 million a year ago. Net income was CNY 627.11 million compared to CNY 538.21 million a year ago. Basic earnings per share from continuing operations was CNY 0.21 compared to CNY 0.2 a year ago. Diluted earnings per share from continuing operations was CNY 0.21 compared to CNY 0.2 a year ago.
Xiamen Bank Co Ltd is a China-based company principally engaged in commercial banking business. The Company's businesses mainly include corporate banking, personal banking and treasury business. The Company's corporate banking products mainly include corporate loans, bill discounting, corporate deposits, trade financing, agency services, cash management services, financial advisory and consulting services, remittance and settlement services. The Company provides retail banking products and services to individual customers, including personal loans, personal deposits, debit cards, credit cards, intermediary services and electronic banking products. The Company's treasury business mainly includes treasury trading business, bond investment trading business, derivatives trading business, inter-bank business, bill business and asset management business.