Last $4.81 HKD
Change Today +0.02 / 0.42%
Volume 149.2M
As of 4:01 AM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

ind & comm bk of china-h (1398) Snapshot

Open
$4.83
Previous Close
$4.79
Day High
$4.83
Day Low
$4.77
52 Week High
05/20/13 - $5.70
52 Week Low
03/20/14 - $4.33
Market Cap
1.6T
Average Volume 10 Days
290.0M
EPS TTM
$0.75
Shares Outstanding
86.8B
EX-Date
06/12/14
P/E TM
5.2x
Dividend
$0.26
Dividend Yield
6.30%
Current Stock Chart for IND & COMM BK OF CHINA-H (1398)

Related News

No related news articles were found.

ind & comm bk of china-h (1398) Details

Industrial and Commercial Bank of China Limited provides corporate and personal banking, treasury operations, investment banking, asset management, trust, financial leasing, insurance, and other financial services worldwide. Its Corporate Banking segment provides 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, and corporate intermediary services. The company’s Personal Banking segment offers financial products and services, including personal loans, deposit-taking activities, card business, personal wealth management services, and personal intermediary services to individual customers. Its Treasury Operations segment engages in treasury operations, such as money market transactions, investment securities, and foreign exchange transactions services, as well as holds derivative positions. The company also offers e-banking services comprising Internet, telephone, mobile banking services, and self-service banking. Its distribution network consists of approximately 17,125 domestic institutions and 383 overseas institutions, as well as approximately 1,771 correspondent banks. Industrial and Commercial Bank of China Limited, formerly known as Industrial and Commercial Bank of China, was founded in 1984 and is based in Beijing, China.

Founded in 1984

ind & comm bk of china-h (1398) Top Compensated Officers

Executive Chairman and Chairman of Strategy C...
Total Annual Compensation: CNY880.0K
Chairman of Board of Supervisors
Total Annual Compensation: CNY790.0K
Supervisor
Total Annual Compensation: CNY724.0K
Compensation as of Fiscal Year 2012.

ind & comm bk of china-h (1398) Key Developments

Industrial and Commercial Bank of China Limited Appoints Zhang Hongli as Executive Director

Industrial and Commercial Bank of China Limited announced that Mr. Zhang Hongli was appointed as executive director of the Bank at the EGM held on April 15, 2014. The qualification of Mr. Zhang Hongli as executive director the Bank is still subject to the approval of China Banking Regulatory Commission and his term of office shall commence on the date when the approval is obtained.

ICBC May Reportedly Bid For Pioneer

Industrial and Commercial Bank of China Limited (SEHK:1398) (ICBC) is is considering a bid to acquire Pioneer Global Asset Management S.p.A. from UniCredit S.p.A. (BIT:UCG), according to a person familiar with the matter. Unicredit declined to comment on ICBC's interest and an ICBC spokesman denied that it was in talks with Pioneer to Reuters.

ICBC Reportedly Mulls To Acquire Pioneer

Industrial and Commercial Bank of China Limited (SEHK:1398) (ICBC) is ready to outlay €2 billion to acquire Pioneer Global Asset Management S.p.A. from UniCredit S.p.A. (BIT:UCG), The Sunday Times reported. Although Unicredit has stated that Pioneer is a core part of its strategy for the next four years, its recent unveiling of losses amounting to €14 billion prompted speculation that Pioneer could be sold. Besides the idea of a sale, the Financial Times reported earlier In March 2014 that Unicredit could sell or float Pioneer as early as next year as part of a wider disposal program.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
1398:HK $4.81 HKD +0.02

1398 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Agricultural Bank of China Ltd CNY2.42 CNY -0.02
Bank of America Corp $16.15 USD +0.02
Citigroup Inc $48.22 USD +0.04
HSBC Holdings PLC 617.40 GBp +1.10
JPMorgan Chase & Co $55.22 USD -0.04
View Industry Companies
 

Industry Analysis

1398

Industry Average

Valuation 1398 Industry Range
Price/Earnings 4.6x
Price/Sales 2.2x
Price/Book 0.9x
Price/Cash Flow 3.4x
TEV/Sales NM Not Meaningful
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact IND & COMM BK OF CHINA-H, please visit www.icbc-ltd.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.