China Minsheng (OTCMKTS:CMAKY) Posts Quarterly Earnings Results

China Minsheng (OTCMKTS:CMAKY) released its quarterly earnings results on Monday. The company reported $0.06 earnings per share for the quarter, Zacks reports. China Minsheng had a net margin of 11.27% and a return on equity of 4.49%. The business had revenue of $4.03 billion during the quarter.

China Minsheng Stock Performance

OTCMKTS:CMAKY remained flat at $4.85 on Wednesday. 31 shares of the company’s stock were exchanged, compared to its average volume of 287. The stock’s 50-day moving average price is $4.87 and its 200-day moving average price is $5.08. The company has a market cap of $21.23 billion, a PE ratio of 5.51 and a beta of 0.25. China Minsheng has a one year low of $3.73 and a one year 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.