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Industrial and Commercial Bank of China Q2 2023 Earnings Report

Industrial and Commercial Bank of China logo
$12.55 +0.23 (+1.87%)
(As of 12/20/2024 05:55 PM ET)

Industrial and Commercial Bank of China EPS Results

Actual EPS
$0.66
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Industrial and Commercial Bank of China Revenue Results

Actual Revenue
$28.77 billion
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Industrial and Commercial Bank of China Announcement Details

Quarter
Q2 2023
Time
N/A

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Industrial and Commercial Bank of China Earnings Headlines

Industrial and Commercial Bank of China Updates Board Roles
Industrial and Commercial Bank of China Announces Interim Dividend
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
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About Industrial and Commercial Bank of China

Industrial and Commercial Bank of China (OTCMKTS:IDCBY), 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.

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