OTCMKTS:IDCBY Industrial and Commercial Bank of China (IDCBY) Stock Price, News & Analysis $11.74 -0.23 (-1.92%) (As of 07/8/2024 ET) Add Compare Share Share Today's Range$11.66▼$11.9550-Day Range$10.65▼$12.1552-Week Range$8.50▼$12.15Volume75,665 shsAverage Volume44,068 shsMarket Capitalization$209.21 billionP/E Ratio4.31Dividend Yield6.05%Price TargetN/A Stock AnalysisStock AnalysisChartDividendEarningsFinancialsHeadlinesSEC FilingsShort InterestStock AnalysisChartDividendEarningsFinancialsHeadlinesSEC FilingsShort Interest Get Industrial and Commercial Bank of China alerts: Email Address Ad The Freeport SocietyBiden Nomination CANCELED?And I believe when they do take the oath of office, their fingers will be crossed… and America will descend into chaos.Click here now to see my urgent election warning. About Industrial and Commercial Bank of China Stock (OTCMKTS:IDCBY)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.Read More IDCBY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IDCBY Stock News HeadlinesJuly 7 at 7:18 AM | americanbankingnews.comIndustrial and Commercial Bank of China Limited (IDCBY) to Issue Dividend of $0.69 on September 3rdJuly 3, 2024 | americanbankingnews.comIndustrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) Short Interest UpdateJuly 9, 2024 | Porter & Company (Ad)Obama wins Presidential debate When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.” May 28, 2024 | msn.comChina’s Industrial Profits Surge on Back of Rising Foreign DemandMay 12, 2024 | msn.comChina's ICBC to kick off TLAC bond sales with issuance of $4.15 billionApril 30, 2024 | investing.comIndustrial Commercial Bank of China (IDCBY) Earnings Dates & ReportsApril 28, 2024 | markets.businessinsider.comIndustrial Commercial Bank of China earnings: here's what Wall Street expectsApril 28, 2024 | markets.businessinsider.comHere's what Wall Street expects from Industrial and Commercial Bank of China's earningsJuly 9, 2024 | Porter & Company (Ad)Obama wins Presidential debate When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.” April 23, 2024 | finance.yahoo.comUBS Dials Back China Fund Plans on High Costs, Grim OutlookApril 16, 2024 | finance.yahoo.comFitch Ratings Downgrades Outlook for Chinese State-Owned BanksApril 14, 2024 | msn.comChina’s banks withdraw some long-term fixed-income products, cut deposit rates to boost marginsApril 9, 2024 | finance.yahoo.comChina’s ICBC Plans $5.5 Billion Sale of Loss-Absorbing BondsMarch 28, 2024 | msn.comIndustrial and Commercial Bank of China reports FY resultsMarch 22, 2024 | fool.comIndustrial And Commercial Bank Of China (OTC: IDCBF)March 15, 2024 | reuters.comExclusive: India cenbank widens scrutiny of credit 'exuberance', sources sayFebruary 24, 2024 | msn.comIndustrial and Commercial Bank of China Limited - Depositary Receipt () (IDCBY) Price Target Increased by 14.13% to 10.54February 21, 2024 | uk.investing.comIndustrial Commercial Bank of China (IDCBY)See More Headlines Receive IDCBY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Industrial and Commercial Bank of China and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/29/2024Today7/08/2024Ex-Dividend for 9/3 Dividend7/09/2024Dividend Payable9/03/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS SectorFinance Industry National commercial banks Sub-IndustryN/A Current SymbolOTCMKTS:IDCBY CUSIPN/A CIK1445468 Webwww.icbc-ltd.com Phone86-10-6610-6114FaxN/AEmployees427,587Year Founded1984Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio4.31 Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$209.49 billion Price / Sales1.00 Cash Flow$3.23 per share Price / Cash Flow3.64 Book Value$29.30 per share Price / Book0.40Miscellaneous Outstanding Shares17,820,310,000Free FloatN/AMarket Cap$209.21 billion OptionableNot Optionable Beta0.13 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for July 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Lin Liao (Age 58)President & Executive Chairman Comp: $126.57kMr. Jingwu Wang (Age 58)Senior Executive VP, Chief Risk Officer & Executive Director Comp: $116.09kMs. Yan Xiong (Age 60)Chief Business Officer Comp: $188.29kMr. Jianhua Song (Age 59)Chief Business Officer Comp: $188kMr. Weiwu Zhang (Age 49)Senior Executive Vice President Comp: $116.09kDr. Xueqing Guan (Age 61)Board Secretary & Company Secretary Comp: $195.51kMr. Zou XinGeneral Manager of Corporate Strategy & Investor RelationsMr. Li Huang (Age 60)Head of Beijing Branch & Employee Supervisor Mr. Hongtao Duan (Age 55)Senior Executive Vice President Comp: $116.09kMr. Fenglin Tian (Age 57)Chief Business Officer More ExecutivesKey CompetitorsJPMorgan Chase & Co.NYSE:JPMBank of AmericaNYSE:BACWells Fargo & CompanyNYSE:WFCCitigroupNYSE:CUBS GroupNYSE:UBSView All Competitors Should I Buy Industrial and Commercial Bank of China Stock? IDCBY Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Industrial and Commercial Bank of China Limited: Industrial and Commercial Bank of China Limited's stock price hit a new 52-week high at $12.15, indicating positive momentum and potential for further growth. The company reported a return on equity of 9.96% and a net margin of 23.98%, showcasing strong financial performance. Industrial and Commercial Bank of China has a market capitalization of $196.38 billion, indicating stability and size in the market. The company provides banking products and services both domestically and internationally, diversifying its revenue streams. With a price-to-earnings ratio of 4.03, the stock may be considered undervalued compared to industry peers, presenting a potential value opportunity for investors. Cons Investors should be bearish about investing in Industrial and Commercial Bank of China Limited for these reasons: The company recently announced a dividend cut, which may signal financial challenges or a need to conserve cash flow. Industrial and Commercial Bank of China's debt-to-equity ratio of 1.26 may indicate higher leverage, potentially increasing financial risk. Despite positive financial performance, the stock's quick ratio of 0.91 suggests potential liquidity concerns in the short term. While the stock has shown growth, the beta of 0.15 indicates lower volatility compared to the market, potentially limiting short-term trading opportunities. Investors should consider the impact of global economic conditions on the company's international operations, which may introduce additional risks. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Industrial and Commercial Bank of China pros and cons to contact@marketbeat.com. IDCBY Stock Analysis - Frequently Asked Questions How have IDCBY shares performed this year? Industrial and Commercial Bank of China's stock was trading at $9.72 on January 1st, 2024. Since then, IDCBY shares have increased by 20.8% and is now trading at $11.74. View the best growth stocks for 2024 here. How were Industrial and Commercial Bank of China's earnings last quarter? Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) issued its earnings results on Monday, April, 29th. The company reported $0.67 EPS for the quarter. The firm earned $29.35 billion during the quarter. How do I buy shares of Industrial and Commercial Bank of China? Shares of IDCBY stock can be purchased through any online brokerage account. 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