OTCMKTS:IDCBY Industrial and Commercial Bank of China (IDCBY) Stock Price, News & Analysis → Top Project Outperforms BTC in 2023… (From Crypto 101 Media) (Ad) Free IDCBY Stock Alerts $10.05 -0.10 (-0.99%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$9.78▼$10.1550-Day Range$9.03▼$10.5352-Week Range$8.50▼$11.90Volume26,929 shsAverage Volume64,470 shsMarket Capitalization$179.09 billionP/E Ratio3.62Dividend Yield7.06%Price TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendEarningsFinancialsHeadlinesSEC FilingsShort InterestStock AnalysisAnalyst ForecastsChartDividendEarningsFinancialsHeadlinesSEC FilingsShort Interest Get Industrial and Commercial Bank of China alerts: Email Address Ad Crypto 101 MediaTop Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.Just click here for instant access to the #1 Coin for 2024. 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 HeadlinesMarch 22, 2024 | fool.comIndustrial And Commercial Bank Of China (OTC: IDCBF)March 15, 2024 | reuters.comExclusive: India cenbank widens scrutiny of credit 'exuberance', sources sayMarch 28, 2024 | Crypto 101 Media (Ad)Top Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.February 24, 2024 | msn.comIndustrial and Commercial Bank of China Limited - Depositary Receipt () (IDCBY) Price Target Increased by 14.13% to 10.54February 21, 2024 | uk.investing.comIndustrial Commercial Bank of China (IDCBY)February 8, 2024 | finance.yahoo.comThis Little-Known Chinese Billionaire Went From Working In The Coal Mines To Being One Of The Most Powerful Bankers In The World, Commanding $3.5 Trillion In AssetsFebruary 1, 2024 | money.usnews.comCentral Bank Digital Currency (CBDC) DefinitionJanuary 19, 2024 | finance.yahoo.comICBC Fined $32 Million by New York’s Financial Regulator and Fed for Compliance FailuresMarch 28, 2024 | Crypto 101 Media (Ad)Top Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.January 19, 2024 | finance.yahoo.comICBC to pay $32.4 million to US regulators over AML lapses, supervisory information disclosureJanuary 9, 2024 | finance.yahoo.comChina Orders Banks, Insurers to Review Cyber and Data SecurityJanuary 4, 2024 | finance.yahoo.comTrump’s Businesses Got Millions From Foreign Governments While He Was PresidentJanuary 4, 2024 | finance.yahoo.comChina, Saudi Arabia Top List of Foreign Governments That Spent Millions at Trump Properties During His PresidencyDecember 21, 2023 | finance.yahoo.comChina’s Big Banks Cut Deposit Rates as Growth PlateausNovember 26, 2023 | finance.yahoo.comICBC’s Entree Onto Wall Street Looked Like a Bargain—Until Hackers Crippled Its U.S. UnitNovember 20, 2023 | finance.yahoo.com20 Most Valuable Asian Companies Heading into 2024November 19, 2023 | finance.yahoo.comHow a Hack Shook Wall Street’s Multitrillion-Dollar FoundationsNovember 15, 2023 | finance.yahoo.comBarclays flags Treasuries central clearing cybersecurity risks after ICBC hackNovember 15, 2023 | finance.yahoo.comCyber attack shines light on role of China’s largest lender in US Treasury marketNovember 14, 2023 | msn.comWorld's Largest Bank Industrial and Commercial Bank of China's Ransomware Attack: US Authorities Flagged Hacker Methods In MarchNovember 13, 2023 | finance.yahoo.comICBC paid ransom after hack that disrupted markets, cybercriminals sayNovember 13, 2023 | finance.yahoo.comUPDATE 1-ICBC paid ransom after hack that disrupted markets, cybercriminals sayNovember 13, 2023 | finance.yahoo.comIn the Market: Inside Wall Street's scramble after ICBC hackNovember 10, 2023 | finance.yahoo.comWall Street and Beijing fight fallout of ransomware attack on China’s biggest bankNovember 10, 2023 | finance.yahoo.comTreasury Settlement Delays Continue in Wake of ICBC HackNovember 10, 2023 | finance.yahoo.comUS Treasury Secretary Yellen Will Visit China Again in 2024November 10, 2023 | msn.comBNY Mellon disconnects ICBC from settlement platform after hack - reportSee 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 Today3/28/2024Fiscal 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)$2.78 Trailing P/E Ratio3.62 Forward P/E RatioN/A P/E GrowthN/ANet Income$53.57 billion Net Margins23.98% Pretax MarginN/A Return on Equity9.96% Return on Assets0.84% Debt Debt-to-Equity Ratio1.26 Current Ratio0.91 Quick Ratio0.91 Sales & Book Value Annual Sales$209.49 billion Price / Sales0.85 Cash Flow$3.25 per share Price / Cash Flow3.09 Book Value$29.30 per share Price / Book0.34Miscellaneous Outstanding Shares17,820,310,000Free FloatN/AMarket Cap$179.09 billion OptionableNot Optionable Beta0.18 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Lin Liao (Age 58)President & Executive Chairman Comp: $120.61kMr. Wenwu Zhang (Age 51)Senior Executive Vice President Comp: $110.52kMr. Jingwu Wang (Age 58)Senior Executive VP, Chief Risk Officer & Executive Director Comp: $110.52kMs. Yan Xiong (Age 60)Chief Business Officer Comp: $181.07kMr. Jianhua Song (Age 59)Chief Business Officer Comp: $180.24kMr. Weiwu Zhang (Age 49)Senior Executive Vice President Comp: $110.52kDr. Xueqing Guan (Age 61)Board Secretary & Company Secretary Comp: $189.8kMr. 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 More ExecutivesKey CompetitorsWells Fargo & CompanyNYSE:WFCCitigroupNYSE:CBank of AmericaNYSE:BACNational Australia BankOTCMKTS:NABZYDBS GroupOTCMKTS:DBSDYView All Competitors Should I Buy Industrial and Commercial Bank of China Stock? IDCBY 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 Industrial and Commercial Bank of China was last updated on Monday, March 25, 2024 at 11:40 AM. Pros Here are some ways that investors could benefit from investing in Industrial and Commercial Bank of China Limited: The recent partnership with a leading fintech company to enhance digital banking services, potentially increasing customer engagement and revenue streams. Expansion into international markets, providing diversification and growth opportunities beyond the domestic market. Strong financial performance with consistent revenue growth and healthy profit margins, indicating stability and potential for returns. The current stock price is undervalued compared to industry peers, presenting a potential buying opportunity for investors seeking value. Ongoing investments in technology and innovation to improve operational efficiency and customer experience, positioning the bank for long-term success in a digital era. Cons Investors should be bearish about investing in Industrial and Commercial Bank of China Limited for these reasons: Regulatory challenges in the banking sector in China could lead to increased compliance costs and operational restrictions, impacting profitability. Economic uncertainties in the global market may affect the bank's international expansion plans and expose it to foreign exchange risks. Intense competition in the banking industry both domestically and internationally, potentially putting pressure on market share and pricing power. Interest rate fluctuations could impact the bank's net interest margin, affecting its profitability and financial performance. Geopolitical tensions and trade disputes may create volatility in the financial markets, influencing the bank's investment portfolio and overall stability. IDCBY Stock Analysis - Frequently Asked Questions Should I buy or sell Industrial and Commercial Bank of China stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Industrial and Commercial Bank of China in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" IDCBY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IDCBY, but not buy additional shares or sell existing shares. View IDCBY analyst ratings or view top-rated stocks. How have IDCBY shares performed in 2024? Industrial and Commercial Bank of China's stock was trading at $9.72 at the start of the year. Since then, IDCBY stock has increased by 3.4% and is now trading at $10.05. View the best growth stocks for 2024 here. Are investors shorting Industrial and Commercial Bank of China? Industrial and Commercial Bank of China saw a decline in short interest in March. As of March 15th, there was short interest totaling 36,800 shares, a decline of 79.9% from the February 29th total of 183,100 shares. Based on an average trading volume of 116,900 shares, the days-to-cover ratio is presently 0.3 days. View Industrial and Commercial Bank of China's Short Interest. How often does Industrial and Commercial Bank of China pay dividends? What is the dividend yield for Industrial and Commercial Bank of China? Industrial and Commercial Bank of China announced a dividend on Monday, June 26th. Shareholders of record on Friday, July 7th will be given a dividend of $0.7104 per share on Friday, September 1st. The ex-dividend date of this dividend is Thursday, July 6th. Read our dividend analysis for IDCBY. Is Industrial and Commercial Bank of China a good dividend stock? Industrial and Commercial Bank of China (OTCMKTS:IDCBY) pays an annual dividend of $0.71 per share and currently has a dividend yield of 7.07%. IDCBY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 25.54%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for IDCBY. 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 3/28/2024 by MarketBeat.com Staff From Our PartnersTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin AnalyticsThe 3rd Revolution in WarfareWeiss RatingsDid You Get Your Free Bitcoin Yet?Crypto Swap Profits Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Industrial and Commercial Bank of China Limited Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.