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OTCMKTS:BACHY

Bank of China (BACHY) Stock Price, News & Analysis

$11.13
+0.07 (+0.63%)
(As of 09/20/2024 ET)

About Bank of China Stock (OTCMKTS:BACHY)

Key Stats

Today's Range
$11.11
$11.18
50-Day Range
$10.54
$11.70
52-Week Range
$8.40
$13.02
Volume
14,088 shs
Average Volume
43,359 shs
Market Capitalization
$131.01 billion
P/E Ratio
4.13
Dividend Yield
6.20%
Price Target
N/A
Consensus Rating
Buy

Company Overview

Bank of China Limited, together with its subsidiaries, provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally. It operates through six segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other. The Corporate Banking segment provides current accounts, deposits, overdrafts, loans, payments and settlements, trade-related products, and other credit facilities, as well as foreign currency, derivative, and wealth management products for corporate customers, government authorities, and financial institutions. The Personal Banking segment offers savings deposits, personal loans, credit cards and debit cards, payments and settlements, wealth management, and funds and insurance agency services to retail customers. The Treasury Operations segment offers foreign exchange transactions, customer-based interest rate, and foreign exchange derivative transactions, as well as money market transactions, proprietary trading, and asset and liability management. The Investment Banking segment provides debt and equity underwriting and financial advisory, sale and trading of securities, stock brokerage, investment research, asset management services, and private equity investment services. The Insurance segment provides underwriting services for general and life insurance business, and insurance agency services. In addition, the company operates debt-to-equity swaps and other supporting, and aircraft and financial leasing business. The company was founded in 1912 and is headquartered in Beijing, China.

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BACHY Stock News Headlines

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BACHY Stock Analysis - Frequently Asked Questions

Bank of China's stock was trading at $9.4625 on January 1st, 2024. Since then, BACHY shares have increased by 17.6% and is now trading at $11.1260.
View the best growth stocks for 2024 here
.

Bank of China Limited (OTCMKTS:BACHY) announced its earnings results on Thursday, August, 29th. The bank reported $0.62 earnings per share (EPS) for the quarter. The bank earned $21.67 billion during the quarter.

The following companies are subsidiaries of Bank of China: Banco Da China Brasil S.A., Bank of China (Australia) Limited, Bank of China (Canada), Bank of China (Central and Eastern Europe) Limited, Bank of China Consumer Finance Co. Ltd., Bank of China Group Insurance Company Limited, Bank of China Group Investment Limited, and others.

Shares of BACHY 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.

Company Calendar

Ex-Dividend for 8/20 Dividend
7/09/2024
Dividend Payable
8/20/2024
Last Earnings
8/29/2024
Today
9/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Private households
Sub-Industry
N/A
Current Symbol
OTCMKTS:BACHY
Employees
306,182
Year Founded
1912

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$154.67 billion
Cash Flow
$3.42 per share
Book Value
$32.40 per share

Miscellaneous

Outstanding Shares
11,775,512,000
Free Float
N/A
Market Cap
$131.01 billion
Optionable
Not Optionable
Beta
0.21

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Should I Buy Bank of China Stock? BACHY Pros and Cons Explained

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, September 4, 2024. Please send any questions or comments about these Bank of China pros and cons to contact@marketbeat.com.

Bank of China
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Bank of China Limited:

  • Bank of China Limited has shown a consistent track record of providing various banking and financial services across different regions, indicating a diversified revenue stream.
  • With a market cap of $127.29 billion, Bank of China Limited is a significant player in the financial industry, offering stability and potential growth opportunities.
  • Bank of China Limited's current stock price of $10.81 presents a potentially attractive entry point for investors looking to capitalize on future price appreciation.
  • The company's dividend payout history, such as the recent dividend of $0.683 per share, can be appealing to income-oriented investors seeking regular returns.
  • Bank of China Limited's presence in international markets provides exposure to diverse economies and potential for global expansion, reducing dependency on any single market.

Bank of China
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Bank of China Limited for these reasons:

  • Bank of China Limited operates in a highly regulated industry, subject to changes in government policies and regulations that could impact its operations and profitability.
  • The company's stock performance, with a 52-week low of $8.16, indicates potential volatility in share price, which may not be suitable for all investors.
  • Given the beta of 0.21, Bank of China Limited's stock may exhibit lower volatility compared to the market, potentially limiting short-term trading opportunities for some investors.
  • The recent decline in short interest by 42.0% could suggest reduced market sentiment or interest in the company, signaling caution for potential investors.
  • Bank of China Limited's exposure to global economic conditions and geopolitical risks may introduce uncertainties that could impact its financial performance and stock price.

This page (OTCMKTS:BACHY) was last updated on 9/20/2024 by MarketBeat.com Staff
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