China Merchants Bank (OTCMKTS:CIHKY) Posts Quarterly Earnings Results

China Merchants Bank (OTCMKTS:CIHKY) posted its quarterly earnings data on Tuesday. The company reported $0.87 earnings per share (EPS) for the quarter, Zacks reports. China Merchants Bank had a net margin of 30.16% and a return on equity of 13.27%.

China Merchants Bank Stock Performance

CIHKY traded down $0.06 during trading hours on Tuesday, hitting $31.00. The stock had a trading volume of 24,157 shares, compared to its average volume of 35,716. The stock has a market cap of $156.36 billion, a PE ratio of 7.97 and a beta of 0.30. China Merchants Bank has a 1 year low of $18.20 and a 1 year high of $33.17. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.21. The company’s fifty day simple moving average is $28.72 and its 200 day simple moving average is $25.65.

About China Merchants Bank

China Merchants Bank Co, Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts. Its loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels.