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 and are trading at ¥5.72 , down-from-52-week-high.
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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