OTCMKTS:IDCBY

Industrial and Commercial Bank of China (IDCBY) Stock Forecast, Price & News

$8.98

-0.17 (-1.86%)

(As of 08/11/2023 08:49 PM ET)

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Today's Range: $8.97
▼
$9.03
50-Day Range: $8.98
▼
$11.04
52-Week Range: $8.48
▼
$11.90

Volume: 166,200 shs
Average Volume: 84,267 shs
Market Capitalization: $160.03 billion

P/E Ratio: 3.17
Dividend Yield: 7.91%
Price Target: N/A

About Industrial and Commercial Bank of China (OTCMKTS:IDCBY) Stock

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 to corporations, government agencies, and financial institutions. Its products and services include trade financing, deposit, corporate wealth management, custody, and various corporate intermediary services, as well as corporate loans. Its Personal Banking segment provides financial products and services to individual customers. This segment's products and services comprise personal loans and cards, deposits, and personal wealth management and intermediary services. The Treasury Business segment is involved in the money market transactions, investment securities, and proprietary and foreign exchange transactions businesses. It also offers e-banking services, investment banking, financial leasing, and insurance services. Industrial and Commercial Bank of China Limited was incorporated in 1984 and is based in Beijing, the People's Republic of China.

IDCBY Price History

30 days | 90 days | 365 days | Advanced Chart

IDCBY Stock News Headlines

August 3, 2023 | msn.com

Industrial & Commercial Bank of China - ADR (IDCBY) Price Target Decreased by 8.34% to 9.99

July 12, 2023 | fool.com

Industrial And Commercial Bank Of China (OTC: IDCBY)

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July 5, 2023 | msn.com

Industrial and Commercial Bank of China goes ex-dividend tomorrow

June 14, 2023 | msn.com

China central bank cuts key interest rate to boost economy

June 14, 2023 | wsj.com

China’s Big Banks Cut Deposit Rates. Lending Rates Could be Next.

May 23, 2023 | money.usnews.com

China Plans for 'Jing-Jin-Ji' World-Class Industrial Cluster

May 11, 2023 | msn.com

Slump in China bank loans, prices raise more worries about recovery, adds pressure on central bank

August 14, 2023 | Behind the Markets (Ad)

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April 25, 2023 | ca.finance.yahoo.com

Industrial and Commercial Bank of China Limited (IDCBY)

April 10, 2023 | forbes.com

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April 2, 2023 | seekingalpha.com

Industrial and Commercial Bank of China Limited GAAP EPS of RMB0.97

March 2, 2023 | finance.yahoo.com

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February 22, 2023 | morningstar.com

Industrial And Commercial Bank Of China Ltd ADR

February 15, 2023 | finance.yahoo.com

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February 15, 2023 | finance.yahoo.com

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February 10, 2023 | marketwatch.com

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November 29, 2022 | msn.com

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November 24, 2022 | finance.yahoo.com

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October 7, 2022 | msn.com

Commercial Bank International to launch metaverse location

September 25, 2022 | reuters.com

Industrial and Commercial Bank of China Ltd

September 17, 2022 | wsj.com

Industrial & Commercial Bank of China Ltd.

September 9, 2022 | sg.finance.yahoo.com

Industrial & Commercial Bank of China Ltd. (601398.SS)

September 9, 2022 | investing.com

Industrial and Commercial Bank of China (1398)

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IDCBY Company Calendar

Ex-Dividend for 9/1 Dividend: 7/06/2023
Today: 8/13/2023
Dividend Payable: 9/01/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: National commercial banks
Sub-Industry: N/A
Sector: Finance
Current Symbol: OTCMKTS:IDCBY
CUSIP: N/A
CIK: 1445468
Web: www.icbc-ltd.com
Phone: 86-10-6610-6114
Fax: N/A
Employees: 427,587
Year Founded: 1984

Profitability

EPS (Most Recent Fiscal Year): $2.83
Trailing P/E Ratio: 3.17
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $53.57 billion
Net Margins: 24.83%
Pretax Margin: 29.50%
Return on Equity: 10.23%
Return on Assets: 0.89%

Debt

Debt-to-Equity Ratio: 1.23
Current Ratio: 0.91
Quick Ratio: 0.91

Sales & Book Value

Annual Sales: $209.49 billion
Price / Sales: 0.76
Cash Flow: $3.29 per share
Price / Cash Flow: 2.73
Book Value: $29.30 per share
Price / Book: 0.31

Miscellaneous

Outstanding Shares: 17,820,310,000
Free Float: N/A
Market Cap: $160.03 billion
Optionable: Not Optionable
Beta: 0.24

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Key Executives

Mr. Siqing Chen (Age 63)
Exec. Chairman
Comp: $121.82k

Mr. Lin Liao (Age 57)
Exec. Vice Chairman & Pres
Comp: $121.82k

Mr. Wenwu Zhang (Age 50)
Sr. Exec. VP
Comp: $111.63k

Mr. Jingwu Wang (Age 57)
Sr. Exec. VP, Chief Risk Officer & Exec. Director
Comp: $111.63k

Ms. Yan Xiong (Age 59)
Chief Bus. Officer
Comp: $182.89k

Mr. Jianhua Song (Age 58)
Chief Bus. Officer
Comp: $182.05k

Mr. Weiwu Zhang (Age 48)
Sr. Exec. VP
Comp: $111.63k

Dr. Xueqing Guan (Age 60)
Board Sec. & Company Sec.
Comp: $191.71k

Mr. Zou Xin
Gen. Mang. of Corp. Strategy & Investor Relations

Mr. Li Huang (Age 59)
Head of Beijing Branch & Employee Supervisor

Key Competitors

View All Competitors

IDCBY Stock - Frequently Asked Questions

Should I buy or sell Industrial and Commercial Bank of China stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Industrial and Commercial Bank of China in the last twelve months. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" IDCBY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IDCBY, but not buy additional shares or sell existing shares.
View IDCBY analyst ratings or view top-rated stocks.
How have IDCBY shares performed in 2023?: Industrial and Commercial Bank of China's stock was trading at $10.18 at the start of the year. Since then, IDCBY shares have decreased by 11.8% and is now trading at $8.98.
View the best growth stocks for 2023 here.
Are investors shorting Industrial and Commercial Bank of China?: Industrial and Commercial Bank of China saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,800 shares, an increase of 5.9% from the July 15th total of 1,700 shares. Based on an average trading volume of 282,400 shares, the short-interest ratio is currently 0.0 days.
View Industrial and Commercial Bank of China's Short Interest.
How often does Industrial and Commercial Bank of China pay dividends? What is the dividend yield for Industrial and Commercial Bank of China?: Industrial and Commercial Bank of China announced a dividend on Monday, June 26th. Investors of record on Friday, July 7th will be paid a dividend of $0.7104 per share on Friday, September 1st. The ex-dividend date of this dividend is Thursday, July 6th.
Read our dividend analysis for IDCBY.
Is Industrial and Commercial Bank of China a good dividend stock?: Industrial and Commercial Bank of China (OTCMKTS:IDCBY) pays an annual dividend of $0.71 per share and currently has a dividend yield of 7.91%. IDCBY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 25.09%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for IDCBY.

What is Industrial and Commercial Bank of China's stock symbol?: Industrial and Commercial Bank of China trades on the OTCMKTS under the ticker symbol "IDCBY."
How do I buy shares of Industrial and Commercial Bank of China?: Shares of IDCBY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Industrial and Commercial Bank of China's stock price today?: One share of IDCBY stock can currently be purchased for approximately $8.98.
How much money does Industrial and Commercial Bank of China make?: Industrial and Commercial Bank of China (OTCMKTS:IDCBY) has a market capitalization of $160.03 billion and generates $209.49 billion in revenue each year. The company earns $53.57 billion in net income (profit) each year or $2.83 on an earnings per share basis.
How many employees does Industrial and Commercial Bank of China have?: The company employs 427,587 workers across the globe.
How can I contact Industrial and Commercial Bank of China?: Industrial and Commercial Bank of China's mailing address is No.55 Fuxingmennei Avenue Xicheng District, Beijing F4, 100140. The official website for the company is www.icbc-ltd.com. The company can be reached via phone at 86-10-6610-6114 or via email at ir@icbc.com.

This page (OTCMKTS:IDCBY) was last updated on 8/14/2023 by MarketBeat.com Staff

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