Investing.com - Bank of Shanghai reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Bank of Shanghai announced earnings per share of ¥0.29 on revenue of ¥27.41. Analysts polled by Investing.com anticipated EPS of ¥0.52 on revenue of ¥14.56B.
Bank of Shanghai shares are down 16.97% from the beginning of the year, still down 23.83% from its 52 week high of ¥7.51 set on October 27, 2021.
Bank of Shanghai follows other major Financial sector earnings this month
Bank of Shanghai's report follows an earnings missed by East Money Information on Wednesday, who reported EPS of ¥0.16 on revenue of ¥3.25B, compared to forecasts EPS of ¥0.1843 on revenue of ¥3.8B.
Ping An Bank A had beat expectations on Tuesday with third quarter EPS of ¥0.75 on revenue of ¥72.79B, compared to forecast for EPS of ¥0.5498 on revenue of ¥49.54B.
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