Industrial and Commercial Bank of China Limited (HKG: 1398)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
4.840
+0.020 (0.41%)
Dec 20, 2024, 4:08 PM HKT
31.88%
Market Cap 2.30T
Revenue (ttm) 721.24B
Net Income (ttm) 386.98B
Shares Out 356.41B
EPS (ttm) 1.08
PE Ratio 4.46
Forward PE 4.55
Dividend 0.31 (6.31%)
Ex-Dividend Date Jan 2, 2025
Volume 400,764,653
Open 4.820
Previous Close 4.820
Day's Range 4.810 - 4.900
52-Week Range 3.510 - 4.970
Beta 0.27
Analysts n/a
Price Target n/a
Earnings Date Mar 28, 2025

About Industrial and Commercial Bank of China

Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers financial products and services, such as deposits, trade financing, corporate wealth management, custody, and various corporate intermediary services, as well as corporate loans to corporations, government agencies, and financial institut... [Read more]

Sector Financials
Founded 1984
Employees 419,252
Stock Exchange Hong Kong Stock Exchange
Ticker Symbol 1398
Full Company Profile

Financial Performance

In 2023, Industrial and Commercial Bank of China's revenue was 656.94 billion, a decrease of -0.94% compared to the previous year's 663.15 billion. Earnings were 349.03 billion, an increase of 0.78%.

Financial numbers in CNY Financial Statements

News

Many Chinese banks have cut mortgage rates today (cuts were announced earlier this month)

Chinese media outlet Global Times with a summary of cuts that came into effect today: many Chinese banks, including Industrial and Commercial Bank of China and Agricultural Bank of China, have cut som...

2 months ago - Forexlive

ICBC's Profit Slips as Low Rates Weigh

Industrial & Commercial Bank of China, said first-half net profit dipped on lower earnings from lending amid declining interest rates in the world’s second-largest economy.

4 months ago - The Wall Street Journal

Fitch Ratings Downgrades Outlook for Chinese State-Owned Banks

Fitch Ratings has downgraded the outlook for six Chinese state-owned banks amid concerns about the government's ability to support the sector in the event of stress.

8 months ago - WSJ

Industrial & Commercial Bank of China Ltd. (IDCBY) Q3 2023 Earnings Call Transcript

Industrial & Commercial Bank of China Ltd. (OTCPK:IDCBY) Q3 2023 Earnings Call Transcript October 27, 2023 5:00 AM ET Company Participants Wang Liancheng - GM, Corporate Strategy and Investor Relation...

1 year ago - Seeking Alpha

Industrial & Commercial Bank of China Ltd. (IDCBY) H1 2023 Earnings Call Transcript

Industrial & Commercial Bank of China Ltd. (OTCPK:IDCBY) H1 2023 Earnings Conference Call August 30, 2023 6:30 AM ET Company Participants Wang Liancheng - GM, Corporate Strategy and Investor Relations...

1 year ago - Seeking Alpha

Industrial and Commercial Bank of China: Trading At A Deep Discount With An 8% Yield

Industrial and Commercial Bank of China: Trading At A Deep Discount With An 8% Yield.

1 year ago - Seeking Alpha

Industrial & Commercial Bank of China Ltd. (IDCBY) H1 2022 Earnings Call Transcript

Industrial & Commercial Bank of China Ltd. (OTCPK:IDCBY) H1 2022 Results Earnings Conference Call August 30, 2022 6:30 AM ET Company Participants Guan Xueqing - Board Secretary Liao Lin - President Zh...

2 years ago - Seeking Alpha

China approves ICBC-Goldman JV to start offering wealth services

Industrial and Commercial Bank of China (ICBC) said on Friday its wealth management joint venture with Goldman Sachs Group Inc had received the country's banking regulator's approval to begin operatio...

2 years ago - Reuters

Industrial and Commercial Bank of China Limited (IDCBY) 2021 Annual Results - Call Transcript

Industrial and Commercial Bank of China Limited (IDCBY) 2021 Annual Results - Call Transcript

2 years ago - Seeking Alpha

Industrial and Commercial Bank of China Limited (IDCBY) Q2 2021 Results - Earnings Call Transcript

Industrial and Commercial Bank of China Limited (IDCBY) Q2 2021 Results - Earnings Call Transcript

3 years ago - Seeking Alpha