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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
OTCMKTS:ACGBY

Agricultural Bank of China (ACGBY) Stock Price, News & Analysis

$10.23
-0.22 (-2.10%)
(As of 03/27/2024 ET)
Today's Range
$10.23
$10.53
50-Day Range
$9.06
$10.49
52-Week Range
$7.93
$10.84
Volume
107,836 shs
Average Volume
31,634 shs
Market Capitalization
$143.26 billion
P/E Ratio
4.06
Dividend Yield
6.25%
Price Target
N/A
ACGBY stock logo

About Agricultural Bank of China Stock (OTCMKTS:ACGBY)

Agricultural Bank of China Limited provides banking products and services. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. It offers demand, personal call, foreign currency call, time or demand optional, foreign exchange call, foreign exchange time, savings, agreed term, and negotiated deposit accounts, as well as certificates of deposit; and loans, including housing, consumer, business, fixed asset, working capital, real estate, and entrusted syndicated loans, as well as trade finances, guarantees and commitments, and loans with custody of export rebates accounts. The company also provides credit card, debit card, payment and settlement, private banking, cash management, investment banking, custody, financial market, and financial institution services, as well as trading and wealth management services; and personal fund collection and automatic transfer services. In addition, it offers agro-related personal and corporate banking products and services; telephone, mobile, self-service, television, and SMS banking services; financial leasing services; fund management services; asset custodian services; and insurance and reinsurance related products and services. The company operates domestic branches, including specialized institutions, training institutes, tier-1 branches, tier-2 branches, tier-1 sub-branches, foundation-level branch outlets and other establishments; overseas branches in Hong Kong, Singapore, Seoul, New York, Dubai International Financial Centre, Tokyo, Frankfurt, Sydney, Luxemburg, Dubai, London, Macao, and Hanoi; and overseas representative offices in Vancouver, Taipei, Sao Paulo, and Dushanbe. Agricultural Bank of China Limited was founded in 1951 and is based in Beijing, the People's Republic of China.

ACGBY Stock Price History

ACGBY Stock News Headlines

[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
Agricultural Bank of China Ltd (EK7.SG)
[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
Agricultural Bank of China Ltd (EK7A.BE)
China's AgBank posts 3.48% rise in first-half profit
1288.HK - Agricultural Bank of China Limited
Agricultural Bank of China Ltd Class H
ACGBY Agricultural Bank of China Limited
Agricultural Bank of China Limited (1288.HK)
See More Headlines
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Company Calendar

Today
3/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Private households
Sub-Industry
N/A
Current Symbol
OTCMKTS:ACGBY
Employees
452,258
Year Founded
1951

Profitability

Net Income
$38.51 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$178.94 billion
Cash Flow
$2.93 per share
Book Value
$28.39 per share

Miscellaneous

Outstanding Shares
13,999,320,000
Free Float
N/A
Market Cap
$143.26 billion
Optionable
Not Optionable
Beta
0.15

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Key Executives

  • Mr. Shu Gu (Age 57)
    Executive Chairman
    Comp: $120.76k
  • Mr. Han Xu (Age 59)
    Chief Information Officer
    Comp: $112.06k
  • Mr. Xuguang Zhang (Age 60)
    Executive VP & Executive Director
    Comp: $110.7k
  • Dr. Li Lin (Age 56)
    Executive VP & Executive Director
    Comp: $110.7k
  • Mr. Jiawang Liu (Age 49)
    Executive Vice President
    Comp: $30.68k
  • Mr. Mingde Yao (Age 54)
    General Manager of the Finance & Accounting Department
  • Mr. Hong Liu (Age 56)
    Executive Vice President
  • Dr. Gang Wu (Age 59)
    Chief Risk Officer & Employee Representative Supervisor

Should I Buy Agricultural Bank of China Stock? ACGBY Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Agricultural Bank of China was last updated on Monday, March 25, 2024 at 11:23 PM.

Pros

Here are some ways that investors could benefit from investing in Agricultural Bank of China Limited:

  • Agricultural Bank of China issued a profitability warning but still posted a higher-than-expected interim gain, indicating resilience in challenging economic conditions.
  • The bank offers a wide range of banking products and services, including personal and corporate banking, credit cards, investment banking, and wealth management services, providing diversified revenue streams.
  • With a presence in various international locations such as Hong Kong, Singapore, New York, and London, Agricultural Bank of China has a global footprint, potentially reducing geographical risk.
  • The bank's focus on agro-related banking products and services aligns with China's emphasis on agricultural development, presenting growth opportunities in a key sector of the economy.
  • Considering the current stock price and the bank's financial performance, there may be potential for capital appreciation and dividend income for investors.

Cons

Investors should be bearish about investing in Agricultural Bank of China Limited for these reasons:

  • The warning about slimmer net interest margins amidst slowing economic growth and a property crisis could impact the bank's profitability and shareholder returns.
  • Challenges in the Chinese economy, including regulatory changes and market volatility, may pose risks to the bank's operations and financial performance.
  • Intense competition in the banking sector in China could pressure margins and limit the bank's ability to attract and retain customers.
  • Global economic uncertainties and geopolitical tensions may affect the bank's international operations and expose it to external risks beyond its control.
  • Investors should carefully monitor market conditions, regulatory developments, and the bank's strategic responses to navigate potential risks associated with investing in Agricultural Bank of China Limited.

ACGBY Stock Analysis - Frequently Asked Questions

How have ACGBY shares performed in 2024?

Agricultural Bank of China's stock was trading at $9.60 at the beginning of 2024. Since then, ACGBY shares have increased by 6.6% and is now trading at $10.2332.
View the best growth stocks for 2024 here
.

Are investors shorting Agricultural Bank of China?

Agricultural Bank of China saw a increase in short interest in March. As of March 15th, there was short interest totaling 50,200 shares, an increase of 97.6% from the February 29th total of 25,400 shares. Based on an average daily volume of 60,800 shares, the days-to-cover ratio is currently 0.8 days.
View Agricultural Bank of China's Short Interest
.

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

Agricultural Bank of China declared a dividend on Monday, June 26th. Shareholders of record on Monday, July 10th will be paid a dividend of $0.6772 per share on Wednesday, August 23rd. The ex-dividend date is Friday, July 7th.
Read our dividend analysis for ACGBY
.

Is Agricultural Bank of China a good dividend stock?

Agricultural Bank of China (OTCMKTS:ACGBY) pays an annual dividend of $0.64 per share and currently has a dividend yield of 6.19%. ACGBY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 25.40%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ACGBY.

How do I buy shares of Agricultural Bank of China?

Shares of ACGBY 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:ACGBY) was last updated on 3/28/2024 by MarketBeat.com Staff

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