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OTCMKTS:CICHY

China Construction Bank (CICHY) Stock Price, News & Analysis

$13.53
-0.08 (-0.60%)
(As of 09/6/2024 08:50 PM ET)
Today's Range
$13.52
$13.63
50-Day Range
$13.53
$15.02
52-Week Range
$10.62
$15.29
Volume
70,000 shs
Average Volume
85,776 shs
Market Capitalization
$169.13 billion
P/E Ratio
3.66
Dividend Yield
6.95%
Price Target
N/A
CICHY stock logo

About China Construction Bank Stock (OTCMKTS:CICHY)

China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Finance Business, Personal Finance Business, Treasury and Asset Management Business, and Others segments. The company accepts various deposits, such as foreign currency, all in one accounts, RMB, corporate term and notification, and corporate demand deposits, as well corporate deposits by agreement. Its loan products include personal business, car, and housing loans; and SME, traditional credit, commercial draft, buyer credit, and RMB credit line loans. The company also offers credit cards; physical gold for personal investment and personal gold accounts; foreign exchange services; certificate treasury and savings bonds, securities deposit accounts, and securities services, as well as bank-securities transfer and book-entry treasury bond over the counter transaction services; and wealth management products. In addition, it provides collection, salaries payment, third-party collection and payment, insurance agency, and remittance services; international settlement and financing, and FI services; securities and fund settlement services; guarantee-based, consulting and advising, and factoring services; fund custody services; and e-banking services. Further, the company offers institutional services comprising services for government agencies, social security, banks cooperation, bank-securities cooperation, bank-insurance cooperation, and services for non-banking financial institutions. China Construction Bank Corporation was founded in 1954 and is headquartered in Beijing, the People's Republic of China.

CICHY Stock Price History

CICHY Stock News Headlines

China Construction Bank Corp Class H 00939
China Construction Bank Corp Class A 601939
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Company Calendar

Last Earnings
4/28/2021
Ex-Dividend for 8/19 Dividend
7/05/2024
Dividend Payable
8/19/2024
Today
9/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Private households
Sub-Industry
Personal Services
Current Symbol
OTCMKTS:CICHY
Previous Symbol
NASDAQ:CICHY
Employees
376,871
Year Founded
1954

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$190.97 billion

Miscellaneous

Outstanding Shares
12,500,549,000
Free Float
N/A
Market Cap
$169.13 billion
Optionable
Not Optionable
Beta
0.10

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Key Executives

  • Mr. Liurong Sheng (Age 59)
    Chief Financial Officer
    Comp: $249.86k
  • Mr. Panshi Jin (Age 59)
    Chief Information Officer
    Comp: $251.88k
  • Mr. Zhihong Ji (Age 55)
    Executive VP & Executive Director
    Comp: $114.1k
  • Mr. Yun Li (Age 50)
    Executive Vice President
    Comp: $114.06k
  • Mr. Bing Wang (Age 52)
    Executive Vice President
    Comp: $114.06k
  • Mr. Min Li (Age 53)
    Executive Vice President
    Comp: $28.72k
  • Mr. Changmiao Hu (Age 60)
    Secretary to the Board
    Comp: $251.84k
  • Mr. Walter Brandstaetter
    Chief Operating Officer of Zurich Branch
  • Weiyun Gong
    Head of Switzerland
  • Mr. Jianjiang Li (Age 51)
    Executive Vice President

Should I Buy China Construction Bank Stock? CICHY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in China Construction Bank Co.:

  • China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in China and internationally, offering a diverse range of financial products and services.
  • The company has shown strong financial performance in recent periods, with steady revenue growth and profitability.
  • China Construction Bank Co. has a solid reputation in the banking industry, known for its stability and reliability.
  • Recent developments indicate that the stock price of China Construction Bank Co. has been on an upward trend, presenting a potential opportunity for investors.
  • The company's focus on innovation and digital transformation in its banking services could lead to future growth and competitiveness in the market.

Cons

Investors should be bearish about investing in China Construction Bank Co. for these reasons:

  • While the company has shown strong financial performance, there may be risks associated with investing in the banking sector, such as regulatory changes and economic fluctuations.
  • China Construction Bank Co. faces competition from other major banks in the industry, which could impact its market share and profitability.
  • Investing in a specific company like China Construction Bank Co. may expose investors to concentrated risk, as the performance of the company is tied to the banking sector.
  • Market volatility and geopolitical factors could affect the stock price of China Construction Bank Co., leading to potential fluctuations in investment returns.
  • Investors should carefully consider their risk tolerance and investment goals before making decisions related to investing in China Construction Bank Co.
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 Tuesday, September 3, 2024. Please send any questions or comments about these China Construction Bank pros and cons to contact@marketbeat.com.

CICHY Stock Analysis - Frequently Asked Questions

How have CICHY shares performed this year?

China Construction Bank's stock was trading at $11.87 at the beginning of the year. Since then, CICHY stock has increased by 14.0% and is now trading at $13.53.
View the best growth stocks for 2024 here
.

How were China Construction Bank's earnings last quarter?

China Construction Bank Co. (OTCMKTS:CICHY) issued its earnings results on Wednesday, April, 28th. The company reported $1.02 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.01. The company earned $29.96 billion during the quarter.

How do I buy shares of China Construction Bank?

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

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