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AMD   156.13 (+1.37%)
NIO   4.05 (+3.58%)
BABA   69.42 (+0.87%)
T   16.20 (+0.50%)
F   12.14 (+0.83%)
MU   115.33 (-0.86%)
GE   156.85 (+0.76%)
CGC   7.56 (+16.49%)
DIS   113.92 (+0.87%)
AMC   2.90 (-2.68%)
PFE   25.41 (-0.04%)
PYPL   63.00 (-0.41%)
XOM   118.98 (+0.30%)
OTCMKTS:CIHKY

China Merchants Bank (CIHKY) Stock Price, News & Analysis

$20.18
+0.26 (+1.31%)
(As of 04/17/2024 ET)
Today's Range
$20.05
$20.44
50-Day Range
$18.33
$20.35
52-Week Range
$15.57
$26.70
Volume
32,242 shs
Average Volume
49,379 shs
Market Capitalization
$101.79 billion
P/E Ratio
5.06
Dividend Yield
5.15%
Price Target
N/A
CIHKY stock logo

About China Merchants Bank Stock (OTCMKTS:CIHKY)

China Merchants Bank Co., Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts. Its loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels. The company also offers credit cards; insurance products; open-ended funds; discount and guarantees for commercial bills, redemption of commercial bills, and guaranteed discount for commercial acceptance bills; and financial consultation, debt financing underwriting, merger and acquisition financing, and equity financing and enterprise listing services. In addition, it provides forfeiting and risk participation, escrow, cross-border RMB clearing, and interbank services; and risk and financial management, cross-border RMB and oversea financing, international factoring and settlement, and trade finance services. Further, the company offers financial leasing and guarantee, investment and wealth management, forex option and gold trading, forex express trading, international, offshore and private banking, custody, pension, and electronic banking services. The company also operates in Hong Kong, New York, London, Singapore, Luxembourg, Sydney, and Taipei. China Merchants Bank Co., Ltd. was founded in 1987 and is headquartered in Shenzhen, China.

CIHKY Stock Price History

CIHKY Stock News Headlines

China Merchants Bank Co Ltd ADR
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China Merchants Bank Co., Ltd. (3968.HK)
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China Merchants Bank Co Ltd ADR CIHKY
China Merchants Bank Co Ltd Class A
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China Merchants Bank
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Company Calendar

Today
4/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
OTCMKTS:CIHKY
Employees
112,999
Year Founded
N/A

Profitability

Net Income
$20.51 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$70.40 billion
Cash Flow
$4.46 per share
Book Value
$27.30 per share

Miscellaneous

Outstanding Shares
5,043,970,000
Free Float
N/A
Market Cap
$101.79 billion
Optionable
Not Optionable
Beta
0.39
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Key Executives

  • Mr. Liang Wang (Age 59)
    President, CEO & Executive Director
    Comp: $502.1k
  • Mr. Chaoyang Jiang (Age 57)
    Chief Information Officer
  • Mr. Wang Yungui (Age 61)
    Executive Vice President
  • Mr. Jiangtao Zhu Msc (Age 52)
    Chief Risk Officer, Executive VP & Executive Director
  • Ms. Ying Wang (Age 52)
    Executive Assistant President
  • Ms. Li Li
    General Manager of Finance & Accounting Department
  • Mr. Weirong Hou
    President of Corporate Finance Department
  • Wenjing Jiang
    Investor relation officer
  • Ms. Wing Tsz Ho CGP (Age 54)
    FCIS, FCS, M.B.A., P.E., Joint Company Secretary
  • Mr. Ming Dong Li
    General Manager of Wealth Platform Department

Should I Buy China Merchants Bank Stock? CIHKY Pros and Cons Explained

Pros

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

  • China Merchants Bank Co., Ltd. offers a diverse range of banking products and services, catering to various financial needs of customers, which can lead to stable revenue streams.
  • The company has a strong presence in multiple international locations, indicating global expansion and potential for increased market share.
  • Recent reports show that China Merchants Bank Co., Ltd. is actively involved in international finance services like cross-border RMB clearing and trade finance, showcasing a commitment to diversification and risk management.
  • With the current stock price being favorable, investors may find an entry point that offers potential for capital appreciation.
  • China Merchants Bank Co., Ltd. has a history of providing a wide range of loan products, including mortgage loans, credit cards, and micro-business loans, which can attract a diverse customer base and contribute to revenue growth.

Cons

Investors should be bearish about investing in China Merchants Bank Co., Ltd. for these reasons:

  • China Merchants Bank Co., Ltd. reported increasing bad loans in the first half of the year, indicating potential risks associated with the current economic environment and property market crisis in China.
  • The growing number of non-performing loans (NPLs) on the company's books may raise concerns about asset quality and financial stability, impacting investor confidence.
  • Similar reports from other major Chinese banks like Bank of Communications highlight a broader trend of rising NPLs in the industry, signaling systemic challenges that could affect China Merchants Bank Co., Ltd. as well.
  • Investors need to consider the impact of the property-market crisis on the banking sector, as it puts increasing strain on lenders like China Merchants Bank Co., Ltd., potentially affecting profitability and growth prospects.
  • Uncertainties in the global economic landscape and regulatory environment could pose challenges for China Merchants Bank Co., Ltd.'s international operations and expansion plans, impacting long-term sustainability.
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 Thursday, April 11, 2024. Please send any questions or comments about these China Merchants Bank pros and cons to contact@marketbeat.com.

CIHKY Stock Analysis - Frequently Asked Questions

How have CIHKY shares performed in 2024?

China Merchants Bank's stock was trading at $17.37 at the beginning of the year. Since then, CIHKY stock has increased by 16.2% and is now trading at $20.18.
View the best growth stocks for 2024 here
.

Are investors shorting China Merchants Bank?

China Merchants Bank saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 21,200 shares, an increase of 4,140.0% from the March 15th total of 500 shares. Based on an average trading volume of 74,100 shares, the days-to-cover ratio is currently 0.3 days.
View China Merchants Bank's Short Interest
.

How often does China Merchants Bank pay dividends? What is the dividend yield for China Merchants Bank?

China Merchants Bank announced a dividend on Monday, July 3rd. Shareholders of record on Wednesday, July 5th will be paid a dividend of $1.0495 per share on Wednesday, August 23rd. The ex-dividend date of this dividend is Monday, July 3rd. This is a positive change from the stock's previous dividend of $0.98.
Read our dividend analysis for CIHKY
.

Is China Merchants Bank a good dividend stock?

China Merchants Bank (OTCMKTS:CIHKY) pays an annual dividend of $1.04 per share and currently has a dividend yield of 5.20%. CIHKY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 26.07%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CIHKY.

How do I buy shares of China Merchants Bank?

Shares of CIHKY 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:CIHKY) was last updated on 4/18/2024 by MarketBeat.com Staff

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