Lufax Holding (Lufax Holding) Net Interest Income (for Banks) : $1,637 Mil (As of Mar. 2024)

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What is Lufax Holding Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Lufax Holding's net interest income for the three months ended in Mar. 2024 was $387 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was $1,637 Mil.

Lufax Holding's quarterly net interest income declined from Sep. 2023 ($448 Mil) to Dec. 2023 ($352 Mil) but then increased from Dec. 2023 ($352 Mil) to Mar. 2024 ($387 Mil).

Lufax Holding's annual net interest income increased from Dec. 2021 ($2,157 Mil) to Dec. 2022 ($2,630 Mil) but then declined from Dec. 2022 ($2,630 Mil) to Dec. 2023 ($1,704 Mil).

Lufax Holding Net Interest Income (for Banks) Historical Data

The historical data trend for Lufax Holding's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lufax Holding Net Interest Income (for Banks) Chart

Lufax Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Interest Income (for Banks)

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368.43

1,000.84

2,157.46

2,629.85

1,704.26

Lufax Holding Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Interest Income (for Banks)	Get a 7-Day Free Trial															458.57	451.21	447.72	351.54	387.01

Lufax Holding Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,637 Mil.

Lufax Holding (Lufax Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Lufax Holding Ltd (NYSE:LU) » Definitions » Net Interest Income (for Banks)

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Traded in Other Exchanges

06623:Hong Kong 0VU1:Germany

Address

Jinxiu East Road, Lane 2777, Pudong New District, Shanghai, CHN

Website

https://www.lu.com

Lufax Holding Ltd is a technology-empowered personal financial services platform in China. The company address the large unmet demand for personal lending among small business owners as well as salaried workers in China and provides tailor-made wealth management solutions to China's middle class and affluent population. Its platform has two hubs namely Retail Credit Facilitation Hub and Wealth Management Hub.