OTCMKTS:IDCBY

Industrial and Commercial Bank of China Stock Forecast, Price & News

$13.25

+0.23 (+1.77 %)

(As of 01/15/2021 08:27 PM ET)

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Today's Range

$13.21

Now: $13.25▼

$13.50

50-Day Range

$11.51

MA: $12.40▼

$13.08

52-Week Range

$10.16

Now: $13.25▼

$15.22

Volume509,700 shs

Average Volume156,570 shs

Market Capitalization$236.12 billion

P/E Ratio5.86

Dividend Yield4.68%

Beta0.51

Industrial and Commercial Bank of China Limited provides various banking products and services in China and internationally. It 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. This segment's products and services include corporate loans, trade financing, deposit-taking activities, corporate wealth management services, custody activities, various corporate intermediary services, etc. The Personal Banking segment provides personal loans and cards, deposits, personal wealth management, and personal intermediary services to individual customers. The Treasury Operations segment is involved in the money market transactions, investment securities, and foreign exchange transactions, as well as holding of derivative positions. The company also offers e-banking services, including Internet, telephone, and mobile banking services; and fund and asset management, trust, financial leasing, broker dealer, insurance, and other financial services. It operates approximately 16,177 domestic institutions and 428 overseas institutions. Industrial and Commercial Bank of China Limited was founded in 1984 and is headquartered in Beijing, the People's Republic of China.

MarketRank^™

Overall MarketRank^™

1.17 out of 5 stars

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Industrial and Commercial Bank of China.

2.3 Community Rank

Outperform Votes
Industrial and Commercial Bank of China has received 297 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Industrial and Commercial Bank of China has received 358 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Industrial and Commercial Bank of China has received 54.66% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Industrial and Commercial Bank of China and other stocks. Vote “Outperform” if you believe IDCBY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IDCBY will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Industrial and Commercial Bank of China is a leading dividend payer. It pays a dividend yield of 4.68%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Industrial and Commercial Bank of China does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Industrial and Commercial Bank of China insiders have not sold or bought any company stock.

1.9 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Industrial and Commercial Bank of China is 5.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of Industrial and Commercial Bank of China is 5.86, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.50.
Price to Book Value per Share Ratio
Industrial and Commercial Bank of China has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange OTCMKTS

Industry National commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolOTCMKTS:IDCBY

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.icbc-ltd.com

Phone86-10-6610-6114

Employees445,106

Debt

Debt-to-Equity Ratio1.24

Current Ratio0.90

Quick Ratio0.90

Price-To-Earnings

Trailing P/E Ratio5.86

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$171.73 billion

Price / Sales1.37

Cash Flow$2.78 per share

Price / Cash Flow4.77

Book Value$21.86 per share

Price / Book0.61

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$45.18 billion

Net Margins23.57%

Return on Equity10.44%

Return on Assets0.89%

Miscellaneous

Outstanding Shares17,820,314,000

Market Cap$236.12 billion

Next Earnings Date4/23/2021 (Estimated)

OptionableNot Optionable

$13.25

+0.23 (+1.77 %)

(As of 01/15/2021 08:27 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Industrial and Commercial Bank of China (OTCMKTS:IDCBY) Frequently Asked Questions

How has Industrial and Commercial Bank of China's stock been impacted by COVID-19?

Industrial and Commercial Bank of China's stock was trading at $13.68 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, IDCBY stock has decreased by 3.1% and is now trading at $13.25.
View which stocks have been most impacted by COVID-19.

Is Industrial and Commercial Bank of China a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Industrial and Commercial Bank of China in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Industrial and Commercial Bank of China stock. 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 analyst ratings for Industrial and Commercial Bank of China or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Industrial and Commercial Bank of China?

Wall Street analysts have given Industrial and Commercial Bank of China a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Industrial and Commercial Bank of China wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Industrial and Commercial Bank of China's next earnings date?

Industrial and Commercial Bank of China is scheduled to release its next quarterly earnings announcement on Friday, April 23rd 2021.
View our earnings forecast for Industrial and Commercial Bank of China.

How were Industrial and Commercial Bank of China's earnings last quarter?

Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) released its quarterly earnings data on Friday, October, 30th. The company reported $0.64 earnings per share for the quarter. The firm earned $28.45 billion during the quarter. Industrial and Commercial Bank of China had a return on equity of 10.44% and a net margin of 23.57%.
View Industrial and Commercial Bank of China's earnings history.

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 an annual dividend on Friday, June 12th. Shareholders of record on Monday, June 22nd will be paid a dividend of $0.62 per share on Wednesday, August 5th. This represents a dividend yield of 4.72%. The ex-dividend date is Friday, June 19th. This is a positive change from Industrial and Commercial Bank of China's previous annual dividend of $0.60.
View Industrial and Commercial Bank of China's dividend history.

Is Industrial and Commercial Bank of China a good dividend stock?

Industrial and Commercial Bank of China pays an annual dividend of $0.62 per share and currently has a dividend yield of 4.68%. IDCBY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Industrial and Commercial Bank of China's dividend history.

Are investors shorting Industrial and Commercial Bank of China?

Industrial and Commercial Bank of China saw a decline in short interest during the month of December. As of December 31st, there was short interest totaling 4,600 shares, a decline of 95.1% from the December 15th total of 94,200 shares. Based on an average trading volume of 123,400 shares, the short-interest ratio is currently 0.0 days.
View Industrial and Commercial Bank of China's Short Interest.

Who are some of Industrial and Commercial Bank of China's key competitors?

Some companies that are related to Industrial and Commercial Bank of China include JPMorgan Chase & Co. (JPM), Bank of America (BAC), Citigroup (C), Wells Fargo & Company (WFC), U.S. Bancorp (USB), Truist Financial (TFC), The PNC Financial Services Group (PNC), UBS Group (UBS), DBS Group (DBSDY), Capital One Financial (COF), National Australia Bank (NABZY), Intesa Sanpaolo (ISNPY), Mizuho Financial Group (MFG), China Minsheng Banking (CMAKY) and Standard Chartered (SCBFF).
View all of IDCBY's competitors.

Who are Industrial and Commercial Bank of China's key executives?

Industrial and Commercial Bank of China's management team includes the following people:

Mr. Siqing Chen, Pres & Exec. Chairman (Age 61)
Mr. Lin Liao, Sr. EVP, Chief Risk Officer & Exec. Director (Age 55)
Mr. Jingwu Wang, Sr. Exec. VP (Age 55)
Mr. Xueqing Guan, Board Sec. (Age 58)
Mr. Bresson Xu, Corp. Strategy & Investor Relations
Mr. Wenwu Zhang, Sr. Exec. VP (Age 48)
Mr. Li Huang, Chief Responsible Officer of Internal Audit Bureau & Employee Supervisor (Age 57)
Ms. Yan Xiong, Chief Bus. Officer (Age 57)
Mr. Jianhua Song, Chief Bus. Officer (Age 56)
Mr. Shouben Xu, Sr. Exec. VP (Age 52)

What is Industrial and Commercial Bank of China's stock symbol?

Industrial and Commercial Bank of China trades on the OTCMKTS under the ticker symbol "IDCBY."

How do I buy shares of Industrial and Commercial Bank of China?

Shares of IDCBY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Industrial and Commercial Bank of China's stock price today?

One share of IDCBY stock can currently be purchased for approximately $13.25.

How big of a company is Industrial and Commercial Bank of China?

Industrial and Commercial Bank of China has a market capitalization of $236.12 billion and generates $171.73 billion in revenue each year. Industrial and Commercial Bank of China employs 445,106 workers across the globe.

What is Industrial and Commercial Bank of China's official website?

The official website for Industrial and Commercial Bank of China is www.icbc-ltd.com.

How can I contact Industrial and Commercial Bank of China?

Industrial and Commercial Bank of China's mailing address is No.55 Fuxingmennei Avenue Xicheng District, Beijing F4, 100140. The company can be reached via phone at 86-10-6610-6114 or via email at [email protected]

This page was last updated on 1/18/2021 by MarketBeat.com Staff

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