OTCMKTS:IDCBY Industrial and Commercial Bank of China (IDCBY) Stock Price, News & Analysis $10.62 -0.09 (-0.84%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$10.62▼$10.7250-Day Range$10.63▼$12.1652-Week Range$8.98▼$12.54Volume225,330 shsAverage Volume58,959 shsMarket Capitalization$189.25 billionP/E Ratio4.23Dividend Yield6.59%Price TargetN/A Stock AnalysisStock AnalysisChartDividendEarningsFinancialsHeadlinesSEC FilingsShort InterestStock AnalysisChartDividendEarningsFinancialsHeadlinesSEC FilingsShort Interest Get Industrial and Commercial Bank of China alerts: Email Address Ad Porter & CompanyThe death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.So go here now to read my new report The Big AI Die-Up… while you still can. 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 HeadlinesSeptember 5 at 8:05 AM | markets.businessinsider.comJ.P. Morgan downgrades Industrial and Commercial Bank of China (IDCBF) to a HoldAugust 31, 2024 | marketwatch.comIndustrial & Commercial Bank of China 1H Net CNY166.805B Vs. Net CNY170.11B >1398.HKSeptember 7, 2024 | Timothy Sykes (Ad)Tim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…August 30, 2024 | bloomberg.comChina Charges Ex-ICBC Banker Lee Zhang Over Alleged BriberyAugust 30, 2024 | bloomberg.comChina’s ICBC Plans First Interim Dividend as Profit FallsAugust 30, 2024 | seekingalpha.comIndustrial and Commercial Bank of China Limited (IDCBY) Q2 2024 Earnings Call TranscriptAugust 29, 2024 | markets.businessinsider.comIndustrial Commercial Bank of China is about to announce earnings — here's what Wall Street expectsAugust 29, 2024 | markets.businessinsider.comHere's what to expect from Industrial and Commercial Bank of China's earnings reportSeptember 7, 2024 | Timothy Sykes (Ad)Tim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…August 12, 2024 | bloomberg.comChina Regulators Tell Some Rural Banks to Renege on Bond TradesJuly 25, 2024 | msn.comRussian Business Faces China Trade CrisisMay 28, 2024 | 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 BanksSee 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 Ex-Dividend for 9/3 Dividend7/09/2024Last Earnings8/30/2024Dividend Payable9/03/2024Today9/07/2024Fiscal 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 Ratio4.23 Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$209.49 billion Price / Sales0.90 Cash Flow$3.08 per share Price / Cash Flow3.45 Book Value$29.30 per share Price / Book0.36Miscellaneous Outstanding Shares17,820,314,000Free FloatN/AMarket Cap$189.25 billion OptionableNot Optionable Beta0.12 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for September 2024. Learn which stocks have the most short interest and how to trade them. 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:CUBS GroupNYSE:UBSView 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 has a market cap of $203.69 billion, indicating its significant size and stability in the market. The company offers a diverse range of banking products and services, catering to both corporate and individual customers, which can provide multiple revenue streams. Recent short interest in the stock has surged by 884.7% in July, potentially indicating increased investor interest and momentum in the stock. With a PE ratio of 3.98, the stock may be considered undervalued compared to industry peers, presenting a potential value investment opportunity. Industrial and Commercial Bank of China operates internationally, providing exposure to different markets and potentially reducing geographic risk. Cons Investors should be bearish about investing in Industrial and Commercial Bank of China Limited for these reasons: The stock's one year high of $12.15 may indicate limited potential for significant short-term capital appreciation. While the company has a diverse range of services, heavy reliance on the banking sector can expose it to regulatory changes and economic fluctuations. Dividend cuts by the company, as seen recently, may deter income-focused investors looking for stable dividend payouts. The stock's beta of 0.13 suggests low volatility compared to the market, potentially limiting short-term trading opportunities for more aggressive investors. Investors should be cautious of the days-to-cover ratio of 0.8 days, which may indicate potential volatility in the stock due to short interest. 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, August 18, 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 How have IDCBY shares performed this year? Industrial and Commercial Bank of China's stock was trading at $9.72 at the beginning of 2024. Since then, IDCBY shares have increased by 9.3% and is now trading at $10.62. View the best growth stocks for 2024 here. How were Industrial and Commercial Bank of China's earnings last quarter? Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) posted its quarterly earnings data on Friday, August, 30th. The company reported $0.64 earnings per share (EPS) for the quarter. The firm earned $26.49 billion during the quarter. 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 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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