Bank Of Ningbo Co (SZSE:002142) 3-Year Revenue Growth Rate : 10.80% (As of Mar. 2024)

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What is Bank Of Ningbo Co 3-Year Revenue Growth Rate?

Bank Of Ningbo Co's Revenue per Share for the three months ended in Mar. 2024 was ¥2.65.

During the past 12 months, Bank Of Ningbo Co's average Revenue per Share Growth Rate was 6.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 10.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 12.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was 12.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Bank Of Ningbo Co was 31.70% per year. The lowest was -25.60% per year. And the median was 18.80% per year.

Competitive Comparison of Bank Of Ningbo Co's 3-Year Revenue Growth Rate

For the Banks - Regional subindustry, Bank Of Ningbo Co's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bank Of Ningbo Co's 3-Year Revenue Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank Of Ningbo Co's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Bank Of Ningbo Co's 3-Year Revenue Growth Rate falls into.

Bank Of Ningbo Co 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Bank Of Ningbo Co (SZSE:002142) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Bank Of Ningbo Co 3-Year Revenue Growth Rate Related Terms

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Bank Of Ningbo Co (SZSE:002142) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Of Ningbo Co Ltd (SZSE:002142) » Definitions » 3-Year Revenue Growth Rate

Traded in Other Exchanges

N/A

Address

No. 345, Ningdong Road, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315100

Website

http://www.nbcb.com.cn

Bank of Ningbo is the fifth largest city commercial bank in China by total assets. Established in 1997 and listed on the Shenzhen Exchange in 2007, the bank is headquartered in Ningbo, a vice provincial city in Zhejiang province. It has a differentiated positioning in SME and nonmortgage retail loan business. The bank has established 16 branches in Zhejiang Province, Jiangsu Province, Shanghai, Beijing, and Guangdong Province. These regions contributed about 29%, 23%, 5%, 4%, and 4%, respectively, to revenue in 2022. It has a diversified shareholding structure, with SASAC of Ningbo Municipal Government, Singapore's OCBC Bank, and Youngor Group holding 19%, 18%, and 8% of the shares, respectively, as of end-March 2023.

Bank Of Ningbo Co (SZSE:002142) Headlines

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