China Minsheng (OTCMKTS:CMAKY) Announces Quarterly Earnings Results
by Sarita Garza · The Markets DailyChina Minsheng (OTCMKTS:CMAKY – Get Free Report) announced its quarterly earnings data on Monday. The company reported $0.06 earnings per share for the quarter, Zacks reports. The business had revenue of $4.03 billion for the quarter. China Minsheng had a return on equity of 4.49% and a net margin of 11.27%.
China Minsheng Stock Performance
Shares of CMAKY remained flat at $4.85 during mid-day trading on Wednesday. 31 shares of the company traded hands, compared to its average volume of 287. The firm’s fifty day simple moving average is $4.87 and its 200 day simple moving average is $5.08. The stock has a market cap of $21.23 billion, a PE ratio of 5.51 and a beta of 0.25. China Minsheng has a 52-week low of $3.73 and a 52-week high of $6.72.
China Minsheng Company Profile
China Minsheng Banking Corp., Ltd. (OTCMKTS: CMAKY) is a commercial bank that provides a broad range of banking and financial services to corporate and individual customers in the People’s Republic of China. The bank’s product suite encompasses corporate lending, small- and medium-sized enterprise (SME) finance, retail banking products such as deposits and consumer loans, as well as trade finance and cash-management services for businesses.
In addition to traditional lending and deposit-taking, China Minsheng offers treasury and capital markets services, wealth management and private banking solutions, and asset-management products.