OTCMKTS:CICHY

China Construction Bank (CICHY) Stock Price, News & Analysis

$12.60
+0.15 (+1.20%)
(As of 04/22/2024 ET)
Today's Range
$12.45
$12.64
50-Day Range
$11.83
$12.68
52-Week Range
$10.01
$14.29
Volume
167,459 shs
Average Volume
89,030 shs
Market Capitalization
$157.51 billion
P/E Ratio
3.39
Dividend Yield
7.30%
Price Target
N/A
CICHY stock logo

About China Construction Bank Stock (OTCMKTS:CICHY)

China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Finance Business, Personal Finance Business, Treasury and Asset Management Business, and Others segments. The company accepts various deposits, such as foreign currency, all in one accounts, RMB, corporate term and notification, and corporate demand deposits, as well corporate deposits by agreement. Its loan products include personal business, car, and housing loans; and SME, traditional credit, commercial draft, buyer credit, and RMB credit line loans. The company also offers credit cards; physical gold for personal investment and personal gold accounts; foreign exchange services; certificate treasury and savings bonds, securities deposit accounts, and securities services, as well as bank-securities transfer and book-entry treasury bond over the counter transaction services; and wealth management products. In addition, it provides collection, salaries payment, third-party collection and payment, insurance agency, and remittance services; international settlement and financing, and FI services; securities and fund settlement services; guarantee-based, consulting and advising, and factoring services; fund custody services; and e-banking services. Further, the company offers institutional services comprising services for government agencies, social security, banks cooperation, bank-securities cooperation, bank-insurance cooperation, and services for non-banking financial institutions. China Construction Bank Corporation was founded in 1954 and is headquartered in Beijing, the People's Republic of China.

CICHY Stock Price History

CICHY Stock News Headlines

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China Construction Bank Corporation (CICHY)
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A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
China Construction Bank Corp (CICHY)
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CICHY Dividend Yield Grade
Bank China Construction Bank Indonesia
China Construction Bank Q3 profit up 2.63%
See More Headlines
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Company Calendar

Last Earnings
4/28/2021
Today
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Private households
Sub-Industry
N/A
Current Symbol
OTCMKTS:CICHY
Previous Symbol
NASDAQ:CICHY
Employees
376,682
Year Founded
1954

Profitability

Net Income
$48.13 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$190.97 billion

Miscellaneous

Outstanding Shares
12,500,550,000
Free Float
N/A
Market Cap
$157.51 billion
Optionable
Not Optionable
Beta
0.18

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Key Executives

  • Mr. Guoli Tian (Age 64)
    Executive Chairman of the Board
    Comp: $120.93k
  • Mr. Jinliang Zhang (Age 55)
    President & Vice Chairman of the Board
    Comp: $80.09k
  • Mr. Liurong Sheng (Age 59)
    Chief Financial Officer
    Comp: $19.75k
  • Mr. Panshi Jin (Age 59)
    Chief Information Officer
    Comp: $238.42k
  • Mr. Zhihong Ji (Age 55)
    Executive VP & Executive Director
    Comp: $110.82k
  • Mr. Yun Li (Age 50)
    Executive Vice President
    Comp: $110.82k
  • Mr. Changmiao Hu (Age 60)
    Secretary to the Board
    Comp: $239.11k
  • Mr. Bing Wang (Age 52)
    Executive Vice President
  • Mr. Walter Brandstaetter
    Chief Operating Officer of Zurich Branch
  • Weiyun Gong
    Head of Switzerland

Should I Buy China Construction Bank Stock? CICHY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in China Construction Bank Co.:

  • China Construction Bank is set to appoint Zhang Jinliang as the chairman, potentially bringing new leadership and strategic direction to the bank.
  • The bank provides a wide range of banking and financial services to individuals and corporate customers, offering diverse revenue streams.
  • China Construction Bank has a strong presence both in China and internationally, providing opportunities for global expansion and growth.
  • With a focus on wealth management products, the bank offers investment opportunities for clients looking to grow their assets.
  • Recent positive market sentiment towards China Construction Bank may indicate potential stock price growth, offering investors a chance for capital appreciation.

Cons

Investors should be bearish about investing in China Construction Bank Co. for these reasons:

  • Uncertainties in the global economic landscape could impact the bank's international operations and profitability.
  • Regulatory changes in China's banking sector may introduce challenges or restrictions that could affect the bank's business operations.
  • Increased competition in the banking industry could put pressure on China Construction Bank's market share and margins.
  • Fluctuations in interest rates or economic conditions could influence the bank's loan portfolio performance and overall financial stability.
  • Investors should carefully monitor the bank's financial reports and disclosures for any potential risks or vulnerabilities that could impact their investment decisions.
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 Saturday, April 13, 2024. Please send any questions or comments about these China Construction Bank pros and cons to contact@marketbeat.com.

CICHY Stock Analysis - Frequently Asked Questions

Should I buy or sell China Construction Bank stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for China Construction Bank in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CICHY shares.
View CICHY analyst ratings
or view top-rated stocks.

How have CICHY shares performed in 2024?

China Construction Bank's stock was trading at $11.87 at the start of the year. Since then, CICHY stock has increased by 6.1% and is now trading at $12.60.
View the best growth stocks for 2024 here
.

Are investors shorting China Construction Bank?

China Construction Bank saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 131,200 shares, a decline of 23.9% from the March 15th total of 172,300 shares. Based on an average trading volume of 214,700 shares, the short-interest ratio is presently 0.6 days.
View China Construction Bank's Short Interest
.

How were China Construction Bank's earnings last quarter?

China Construction Bank Co. (OTCMKTS:CICHY) issued its earnings results on Wednesday, April, 28th. The company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.01. The company earned $29.96 billion during the quarter.

How often does China Construction Bank pay dividends? What is the dividend yield for China Construction Bank?

China Construction Bank declared a dividend on Monday, June 26th. Shareholders of record on Friday, July 7th will be given a dividend of $0.9255 per share on Monday, August 21st. The ex-dividend date is Thursday, July 6th. This is an increase from the stock's previous dividend of $0.92.
Read our dividend analysis for CICHY
.

Is China Construction Bank a good dividend stock?

China Construction Bank (OTCMKTS:CICHY) pays an annual dividend of $0.92 per share and currently has a dividend yield of 7.41%. CICHY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 24.73%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CICHY.

What ETF holds China Construction Bank's stock?

ActivePassive International Equity ETF holds 444,251 shares of CICHY stock, representing 0.96% of its portfolio.

How do I buy shares of China Construction Bank?

Shares of CICHY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:CICHY) was last updated on 4/23/2024 by MarketBeat.com Staff

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