Chongqing Rural Commercial Bank Co Ltd
SSE:601077
Net Margin
Chongqing Rural Commercial Bank Co Ltd
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| CN |
|
Chongqing Rural Commercial Bank Co Ltd
SSE:601077
|
82.3B CNY |
39%
|
|
| US |
|
PNC Financial Services Group Inc
NYSE:PNC
|
68.6B USD |
26%
|
|
| US |
|
Truist Financial Corp
NYSE:TFC
|
51B USD |
34%
|
|
| CN |
|
Bank of Jiangsu Co Ltd
SSE:600919
|
211B CNY |
36%
|
|
| US |
|
M&T Bank Corp
NYSE:MTB
|
28.9B USD |
27%
|
|
| US |
|
Fifth Third Bancorp
NASDAQ:FITB
|
25.3B USD |
25%
|
|
| CN |
|
Bank of Ningbo Co Ltd
SZSE:002142
|
175.7B CNY |
36%
|
|
| US |
|
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
|
24.4B USD |
26%
|
|
| US |
|
Huntington Bancshares Inc
NASDAQ:HBAN
|
22.6B USD |
25%
|
|
| JP |
|
Resona Holdings Inc
TSE:8308
|
3T JPY |
22%
|
|
| US |
|
Regions Financial Corp
NYSE:RF
|
19.3B USD |
27%
|
Chongqing Rural Commercial Bank Co Ltd
Glance View
Chongqing Rural Commercial Bank Co., Ltd. is a testament to the transformative power of banking within China's rural landscapes, underscoring how financial institutions can stimulate economic growth in less urbanized regions. Headquartered in Chongqing, a major city that straddles the Yangtze and Jialing Rivers, this bank has positioned itself as a vital cog in the local financial ecosystem. By focusing on small to medium enterprises and rural communities, it plays an essential role in the grassroots development of the region. Its operations revolve around traditional financial services, including deposit and loan products, tailored to meet the nuanced needs of the rural and agricultural segments. The bank's ability to innovate in risk management and adhere to prudent financial policies helps it maintain a steady growth trajectory amidst an ever-evolving economic landscape. Beyond conventional banking, Chongqing Rural Commercial Bank extends its influence through strategic investments and partnerships, leveraging its deep understanding of local markets. Its revenue streams emanate not just from the margins between deposit and lending rates but also from an increasing suite of financial products and services aimed at personal banking, corporate banking, and financial market operations. The bank is adept at embedding itself in the community, promoting financial literacy, and offering inclusive products that foster development. By harnessing technology and digital banking solutions, it continues to widen its customer base while ensuring operational efficiency. This dual focus on technology and community underscores its commitment to remaining a cornerstone of financial support in one of China's most dynamic regions.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Chongqing Rural Commercial Bank Co Ltd's most recent financial statements, the company has Net Margin of 38.6%.
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