Industrial and Commercial Bank of China Limited (IDCBF)

OTCMKTS · Delayed Price · Currency is USD
0.610
0.00 (0.00%)
Nov 20, 2024, 4:00 PM EST
19.61%
Market Cap 280.40B
Revenue (ttm) 92.83B
Net Income (ttm) 49.81B
Shares Out n/a
EPS (ttm) 0.14
PE Ratio n/a
Forward PE n/a
Dividend 0.04 (7.16%)
Ex-Dividend Date Jul 8, 2024
Volume 2,000
Open 0.610
Previous Close 0.610
Day's Range 0.610 - 0.610
52-Week Range 0.430 - 0.640
Beta 0.27
Analysts n/a
Price Target n/a
Earnings Date Oct 28, 2024

About IDCBF

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 OTCMKTS
Ticker Symbol IDCBF
Full Company Profile

Financial Performance

In 2023, IDCBF'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...

4 weeks 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.

2 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.

7 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