Morningstar Investor users sign in here.

Industrial And Commercial Bank Of China Ltd

01398

Company Profile

  • Business description

    ICBC is headquartered in Beijing and founded in 1984, the bank listed its shares in mainland China and Hong Kong in 2006. It is China's largest by asset scale and by share of lending and deposits. Central Huijin Investment (China's sovereign wealth fund manager) and China's Ministry of Finance are ICBC's two largest shareholders, each with a stake of around 35%. ICBC operates over 16,000 outlets. Among these outlets, 413 outlets are located in 49 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 47%, 40%, and 13% of total revenue, respectively; and 44%, 36%, and 18% of profit before tax in 2023. Overseas banking and other business contributed 12% of total revenue and 9% of profit before tax in 2023.

  • Contact

    3 Garden Road
    33rd Floor, ICBC Tower
    Central
    Hong Kong
    HKG

    T: +852 25881188

    E: ir@icbc.com.cn

    https://www.icbc-ltd.com

  • Sector

    Financial Services

    Stock type

    Cyclical

  • Industry

    Banks - Diversified

    Fiscal Year End

    31 December 2024

    Employees

    419,252

Stocks News & Analysis

stocks

One of the hottest shares on the ASX reports strong growth

Should investors chase this growth story or are they overvalued after the surge in the shares.  
stocks

Diverging value in Australia's real estate sector

One stock dominates Australia's A-REIT index and it has had an incredibly strong year. Our analysts see value elsewhere.
stocks

Going into earnings, is Amazon stock a buy, a sell, or fairly valued?

We will be watching what Amazon has to say on AWS, advertising, and generative AI in its upcoming earnings release. Here’s what we think of Amazon’s stock.

Markets

Index
Last price
Change
% Change
All Ordinaries 8,094.30 111.20 -1.36%
CAC 40 7,427.02 86.71 -1.15%
DAX 40 18,298.72 88.74 -0.48%
Dow JONES (US) 40,228.30 374.43 0.94%
FTSE 100 8,186.35 32.66 0.40%
HKSE 17,004.97 306.08 -1.77%
NASDAQ 17,397.84 55.42 0.32%
Nikkei 225 37,869.51 1,285.34 -3.28%
NZX 50 Index 12,396.27 134.72 -1.08%
S&P 500 5,457.50 30.37 0.56%
S&P/ASX 200 7,861.20 102.50 -1.29%
SSE Composite Index 2,886.74 15.21 -0.52%

Market Movers

Name
Last price
Change
% Change
Sayona Mining Ltd SYA 0.03 0.00 -3.13%
Argosy Minerals Ltd AGY 0.03 0.02 -30.61%
Pilbara Minerals Ltd PLS 2.87 0.02 -0.69%
Telstra Group Ltd TLS 3.84 0.06 -1.54%
Red 5 Ltd RED 0.40 0.02 -4.82%
South32 Ltd S32 2.91 0.05 -1.69%
Zip Co Ltd ZIP 1.81 0.02 -0.82%
Peninsula Energy Ltd PEN 0.10 0.01 -4.76%
Core Lithium Ltd CXO 0.09 0.00 -3.19%
Medibank Private Ltd MPL 3.83 0.00 0.00%