China's 16 Listed Banks Profited ¥700b in Q1-Q3

China's 16 publicly traded banks posted a combined ¥1.66 trillion in revenues in the first three quarters of this year, eclipsing the six western province's combined gross domestic product. Their net earnings rose over 30% from a year earlier to almost ¥700 billion, or ¥2.5 billion per day.

Top 10 listed banks by revenue, Q1-Q3 2011

Revenue and net profit in ¥ billions
EPS: Earnings per share
D/L ratio: Deposit/loan ratio

Bank    Revenue   Net Profit (Growth)    EPS   D/L Ratio
ICBC      351.73     163.84 (28.79%)   0.47    62.57%
CCB       296.15     139.01 (25.80%)   0.56    65.14%
AgriB      279.18     100.76 (43.64%)   0.31    56.55%
BoC        245.28      96.30 (21.52%)   0.35    78.39%
BoCom     94.20      38.42 (30.06%)   0.62    79.27%
CMB         70.29      28.39 (37.91%)   1.32    76.46%
Minsheng  60.22      21.39 (40.91%)   0.57    74.04%
Citic          55.46      24.23 (64.42%)   0.80    75.54%
SPD          49.31      19.91 (34.19%)   1.07    72.40%
Industrial  41.09      18.79 (38.20%)   1.74    75.65%

ICBC: Industrial & Commercial Bank of China Ltd (SHA: 601398, HKG: 1398)
CCB: China Construction Bank Corp (SHA: 601939, HKG: 0939)
AgriB: Agricultural Bank of China Co (SHA: 601288, HKG: 1288)
BoC: Bank of China Ltd (SHA: 601988, HKG: 3988)
BoCom: Bank of Communications Co (SHA: 601328, HKG: 3328)
CMB: China Merchants Bank Co (SHA: 600036, HKG: 3968)
Minsheng: China Minsheng Banking Corp (SHA: 600016, HKG: 1988)
Citic: China Citic Bank Corp (SHA: 601998, HKG: 0998)
SPD: Shanghai Pudong Development Bank Co (SHA: 600000)
Industrial: Industrial Bank Co (SHA: 601166)

$1 = ¥6.33