OTCMKTS:IDCBY Industrial and Commercial Bank of China (IDCBY) Stock Price, News & Analysis → Are You Positioned For The New Energy Goldrush? (From Wealthpin Pro) (Ad) Free IDCBY Stock Alerts $11.36 -0.13 (-1.13%) (As of 05/31/2024 ET) Add Compare Share Share Today's Range$11.24▼$11.3650-Day Range$9.99▼$12.0752-Week Range$8.50▼$12.13Volume221,882 shsAverage Volume69,030 shsMarket Capitalization$202.44 billionP/E Ratio4.15Dividend Yield6.25%Price TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendEarningsFinancialsHeadlinesSEC FilingsShort InterestStock AnalysisAnalyst ForecastsChartDividendEarningsFinancialsHeadlinesSEC FilingsShort Interest Get Industrial and Commercial Bank of China alerts: Email Address Ad Wealthpin ProAre You Positioned For The New Energy Goldrush?Open AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has already inked deals with the Department of Energy.Click here to get all the information about it. 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 HeadlinesMay 28 at 12:16 AM | 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 earningsApril 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)February 8, 2024 | finance.yahoo.comThis Little-Known Chinese Billionaire Went From Working In The Coal Mines To Being One Of The Most Powerful Bankers In The World, Commanding $3.5 Trillion In AssetsFebruary 1, 2024 | money.usnews.comCentral Bank Digital Currency (CBDC) DefinitionJanuary 19, 2024 | finance.yahoo.comICBC Fined $32 Million by New York’s Financial Regulator and Fed for Compliance FailuresJanuary 19, 2024 | finance.yahoo.comICBC to pay $32.4 million to US regulators over AML lapses, supervisory information disclosureJanuary 9, 2024 | finance.yahoo.comChina Orders Banks, Insurers to Review Cyber and Data SecurityJanuary 4, 2024 | finance.yahoo.comTrump’s Businesses Got Millions From Foreign Governments While He Was PresidentJanuary 4, 2024 | finance.yahoo.comChina, Saudi Arabia Top List of Foreign Governments That Spent Millions at Trump Properties During His PresidencyDecember 21, 2023 | finance.yahoo.comChina’s Big Banks Cut Deposit Rates as Growth PlateausNovember 26, 2023 | finance.yahoo.comICBC’s Entree Onto Wall Street Looked Like a Bargain—Until Hackers Crippled Its U.S. UnitNovember 20, 2023 | finance.yahoo.com20 Most Valuable Asian Companies Heading into 2024November 19, 2023 | finance.yahoo.comHow a Hack Shook Wall Street’s Multitrillion-Dollar FoundationsSee 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 Earnings4/29/2024Today5/31/2024Fiscal 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 Ratio4.15 Forward P/E RatioN/A P/E GrowthN/ANet Income$53.57 billion Net Margins23.98% Pretax MarginN/A Return on Equity9.96% Return on Assets0.84% Debt Debt-to-Equity Ratio1.26 Current Ratio0.91 Quick Ratio0.91 Sales & Book Value Annual Sales$209.49 billion Price / Sales0.96 Cash Flow$3.23 per share Price / Cash Flow3.51 Book Value$29.30 per share Price / Book0.39Miscellaneous Outstanding Shares17,820,310,000Free FloatN/AMarket Cap$201.73 billion OptionableNot Optionable Beta0.15 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. 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:CDBS GroupOTCMKTS:DBSDYView 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 has a strong presence in both the domestic and international banking sectors, providing diversification opportunities for investors. The company offers a wide range of financial products and services, including corporate banking, personal banking, and treasury operations, catering to various customer segments. Recent institutional trading activities have shown increased interest from large investors, indicating confidence in the company's future performance. Industrial and Commercial Bank of China Limited's stock price has shown resilience in recent market conditions, reflecting stability and potential growth. The company's focus on e-banking services and investment banking presents opportunities for technological advancements and revenue growth. Cons Investors should be bearish about investing in Industrial and Commercial Bank of China Limited for these reasons: The banking industry is subject to regulatory changes and economic fluctuations, which can impact the company's profitability and operations. Intense competition within the banking sector may pressure margins and limit growth prospects for Industrial and Commercial Bank of China Limited. Global economic uncertainties and geopolitical tensions could affect the company's international operations and financial performance. Interest rate fluctuations and credit risks are inherent in the banking business, potentially impacting the company's earnings and stability. Investors should carefully monitor the company's exposure to non-performing loans and credit quality to assess potential risks to their investment. 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 Wednesday, May 29, 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 Should I buy or sell Industrial and Commercial Bank of China stock right now? 2 Wall Street 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 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 2024? Industrial and Commercial Bank of China's stock was trading at $9.72 at the beginning of the year. Since then, IDCBY stock has increased by 16.5% and is now trading at $11.32. View the best growth stocks for 2024 here. Are investors shorting Industrial and Commercial Bank of China? Industrial and Commercial Bank of China saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 47,000 shares, a decrease of 8.7% from the April 30th total of 51,500 shares. Based on an average daily volume of 48,500 shares, the short-interest ratio is currently 1.0 days. View Industrial and Commercial Bank of China's Short Interest. How were Industrial and Commercial Bank of China's earnings last quarter? Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) announced its earnings results on Monday, April, 29th. The company reported $0.67 earnings per share for the quarter. The firm had revenue of $29.35 billion for the quarter. Industrial and Commercial Bank of China had a trailing twelve-month return on equity of 9.96% and a net margin of 23.98%. 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 6.12%. IDCBY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (OTCMKTS:IDCBY) was last updated on 5/31/2024 by MarketBeat.com Staff From Our PartnersExposed: 10 CENT Crypto to Explode May 20th?True Market Insiders41 banks launch ‘crypto dollar’Stansberry ResearchShocking $16T Elon Musk Crypto LeakCrypto 101 MediaThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarUrgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!American AlternativeBill Clinton Backing Biden Replacement???The Freeport SocietyGold Set to EXPLODE!Gold Safe ExchangeDo This Before July 30 2024 To Claim Trump’s Gift Wealthpin Pro Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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