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OTCMKTS:BCMXY

Bank of Communications (BCMXY) Stock Price, News & Analysis

$16.50
0.00 (0.00%)
(As of 09/13/2024 ET)
Today's Range
$16.50
$16.50
50-Day Range
$15.39
$20.05
52-Week Range
$14.01
$20.31
Volume
N/A
Average Volume
66 shs
Market Capitalization
$49.01 billion
P/E Ratio
3.76
Dividend Yield
6.73%
Price Target
N/A
BCMXY stock logo

About Bank of Communications Stock (OTCMKTS:BCMXY)

Bank of Communications Co., Ltd. provides commercial banking products and services. It offers personal deposit products including savings, and personal certificate and structured deposits; personal loan, consumption, housing, mortgage loan, commercial housing, and business loans; and debit and credit card services. The company also provides investment services, which includes funds, insurance, financial products, trust, asset management, and precious metals and commodities trading services, as well as operates banking securities and future business; exclusive services, such as ward fortune, salary payment, community finance, value-added, and junior finance. In addition, it offers foreign exchange services comprising personal foreign exchange settlement and sale, exchange trading, and international money transfer services, as well as cross-border study abroad finance, and business travel services. Further, the company provides business banking services, which includes deposit wealth and cash management, industry chain and government, auto, and shipping finance, as well as investment banking, asset custody, and enterprise annuity account management services; and basic, online and international trade finance, and billing services. It also offers international business services, such as cross-border, exchange rate management, foreign exchange wealth management, international settlement, trade finance, letter of credit, and correspondent banking, as well as operates domestic and overseas linkage, and electronic business. Additionally, it provides bond underwriting, and equity financing and supporting M&A advisory and financing services; offshore and trust business services; leasing services; consignment financial management services; and operates bank-securities, insurance, non-banking financial institution, financial market, money and bond market, forex, and derivatives. The company was founded in 1908 and is headquartered in Shanghai, the People's Republic of China.

BCMXY Stock Price History

BCMXY Stock News Headlines

What Wall Street expects from Bank of Communications's earnings
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War on Elon Escalates…
Elon Musk just built a supercomputer in Memphis, Tennessee. It took him only 122 days. Dubbed “Colossus,” this supercomputer aims to become the most powerful AI training system in the world. Housed in a 785,000 sq. ft facility in Memphis, Colossus will soon require 150 megawatts of electricity per day. That’s about equal to the amount of energy needed to power 100,000 homes per year.
China's Bank of Communications Q1 profit rises 1.44%
Here's what to expect from Bank of Communications's earnings
See More Headlines
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Company Calendar

Ex-Dividend for 8/15 Dividend
7/03/2024
Dividend Payable
8/15/2024
Last Earnings
8/28/2024
Today
9/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Private households
Sub-Industry
N/A
Current Symbol
OTCMKTS:BCMXY
Employees
91,823
Year Founded
1908

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$77.53 billion
Cash Flow
$5.81 per share
Book Value
$49.56 per share

Miscellaneous

Outstanding Shares
2,970,510,000
Free Float
N/A
Market Cap
$49.01 billion
Optionable
Not Optionable
Beta
0.04

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Key Executives

  • Mr. Deqi Ren (Age 61)
    Executive Chairman
    Comp: $124.99k
  • Mr. Jun Liu (Age 52)
    Vice Chairman & President
    Comp: $123.11k
  • Mr. Bin Qian (Age 51)
    Executive VP & Chief Information Officer
    Comp: $115.92k
  • Mr. Sheng Gu (Age 61)
    GM of HR Department
    Comp: $167.8k
  • Mr. Hong Tu (Age 58)
    Chief Business Officer of Inter-bank & Market Business Sector and President of Shanghai Branch
    Comp: $172.52k
  • Mr. Wanfu Zhou (Age 59)
    Executive Director
    Comp: $114.04k
  • Mr. Cheng Hao (Age 52)
    Executive Vice President
    Comp: $114.04k
  • Mr. Hua Lin (Age 56)
    Chief Business Officer of Retail & Private Business Sector
    Comp: $172.52k
  • Mr. Huang Hongyuan (Age 59)
    Executive Vice President
    Comp: $29.34k
  • Mr. Eric Pan
    Senior Manager, IR Division

Should I Buy Bank of Communications Stock? BCMXY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Bank of Communications Co., Ltd.:

  • Bank of Communications Co., Ltd. has a market cap of $45.72 billion, indicating its size and stability in the market.
  • The bank reported $0.76 earnings per share (EPS) for the last quarter, showing profitability.
  • Bank of Communications Co., Ltd. provides commercial banking products and services, catering to a wide range of financial needs.
  • The stock price of Bank of Communications Co., Ltd. is currently at $15.39, potentially offering a buying opportunity.
  • The firm's 50-day moving average is $18.62, suggesting a potential upward trend in the short term.

Cons

Investors should be bearish about investing in Bank of Communications Co., Ltd. for these reasons:

  • Bank of Communications Co., Ltd. shares were down 15.9% during mid-day trading on a recent date, indicating a recent decline in stock value.
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, September 8, 2024. Please send any questions or comments about these Bank of Communications pros and cons to contact@marketbeat.com.

BCMXY Stock Analysis - Frequently Asked Questions

How have BCMXY shares performed this year?

Bank of Communications' stock was trading at $15.39 at the start of the year. Since then, BCMXY stock has increased by 7.2% and is now trading at $16.50.
View the best growth stocks for 2024 here
.

How were Bank of Communications' earnings last quarter?

Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) announced its earnings results on Wednesday, August, 28th. The bank reported $0.76 EPS for the quarter. The bank earned $9.03 billion during the quarter.

How do I buy shares of Bank of Communications?

Shares of BCMXY 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:BCMXY) was last updated on 9/13/2024 by MarketBeat.com Staff

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