Industrial and Commercial Bank of China Net Income 2024

Industrial and Commercial Bank of China Net Income

274.8 B CNY

Industrial and Commercial Bank of China Dividend yield

5.47 %

Ticker

601398.SS

ISIN

CNE000001P37

WKN

A0M4YB

In 2024, Industrial and Commercial Bank of China's profit amounted to 274.8 B CNY, a -21.27% increase from the 349.03 B CNY profit recorded in the previous year.

The Industrial and Commercial Bank of China Net Income history

YEARNET INCOME (undefined CNY)
2026e292.52
2025e285.61
2024e274.8
2023349.03
2022346.32
2021338.73
2020307.07
2019307.7
2018293.17
2017281.61
2016278.25
2015277.13
2014275.81
2013262.65
2012238.53
2011208.27
2010165.16
2009128.6
2008110.77
200781.26
200648.82
200537.41
200430.76

Industrial and Commercial Bank of China Aktienanalyse

What does Industrial and Commercial Bank of China do?

The Industrial and Commercial Bank of China Ltd. (ICBC) is the largest bank in the world by market capitalization and assets. The bank was founded in 1984 and is one of the four state-owned major banks in China. Its headquarters is located in Beijing, and it is present in more than 40 countries. The business model of ICBC mainly focuses on providing financial products and services to small, medium, and large businesses. ICBC is a universal bank that offers financial, insurance, venture capital, and investment products. ICBC is divided into various divisions, including corporate banking, retail banking, asset management, investment banking, and international operations. In corporate banking, ICBC offers a wide range of services, including deposits, loans, foreign exchange transactions, financing, and other financial services. ICBC is also involved in advising companies and supporting mergers and acquisitions. In retail banking, ICBC offers deposits, loans, insurance, investment products, and other financial services. ICBC is also one of China's largest credit card providers. ICBC's asset management division offers a wide range of investment products to its customers, including individual and group investments, as well as fund solutions. ICBC is also involved in asset management for institutional and private clients. In investment banking, ICBC offers a wide range of services, including corporate financing, capital market transactions, mergers and acquisitions, and consulting services. ICBC is also one of the largest stockbrokers in China. ICBC's international operations mainly focus on trade and investment between China and other countries. ICBC has a strong global network of subsidiaries and branches worldwide. ICBC also offers a range of innovative financial products, including mobile payment solutions, e-commerce solutions, and other digital financial services. Overall, ICBC is a universal bank that offers a wide range of financial products and services. It is a leader in the Chinese market and has become one of the most important banks in the world. Industrial and Commercial Bank of China ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Industrial and Commercial Bank of China's Profit Margins

The profit margins of Industrial and Commercial Bank of China represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Industrial and Commercial Bank of China's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Industrial and Commercial Bank of China's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Industrial and Commercial Bank of China's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Industrial and Commercial Bank of China’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Industrial and Commercial Bank of China Stock

How much profit has Industrial and Commercial Bank of China made this year?

Industrial and Commercial Bank of China has made 274.8 B CNY this year.

How has the profit developed compared to last year?

The profit has increased by -21.27% compared to last year fallen

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Industrial and Commercial Bank of China publish its earnings?

Industrial and Commercial Bank of China publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Industrial and Commercial Bank of China?

The profits of Industrial and Commercial Bank of China are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Industrial and Commercial Bank of China?

You can learn more about the earnings of Industrial and Commercial Bank of China by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Industrial and Commercial Bank of China pay?

Over the past 12 months, Industrial and Commercial Bank of China paid a dividend of 0.3 CNY . This corresponds to a dividend yield of about 5.47 %. For the coming 12 months, Industrial and Commercial Bank of China is expected to pay a dividend of 0.32 CNY.

What is the dividend yield of Industrial and Commercial Bank of China?

The current dividend yield of Industrial and Commercial Bank of China is 5.47 %.

When does Industrial and Commercial Bank of China pay dividends?

Industrial and Commercial Bank of China pays a quarterly dividend. This is distributed in the months of July, August, August, August.

How secure is the dividend of Industrial and Commercial Bank of China?

Industrial and Commercial Bank of China paid dividends every year for the past 20 years.

What is the dividend of Industrial and Commercial Bank of China?

For the upcoming 12 months, dividends amounting to 0.32 CNY are expected. This corresponds to a dividend yield of 5.85 %.

In which sector is Industrial and Commercial Bank of China located?

Industrial and Commercial Bank of China is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Industrial and Commercial Bank of China kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Industrial and Commercial Bank of China from 7/17/2023 amounting to 0.304 CNY, you needed to have the stock in your portfolio before the ex-date on 7/17/2023.

When did Industrial and Commercial Bank of China pay the last dividend?

The last dividend was paid out on 7/17/2023.

What was the dividend of Industrial and Commercial Bank of China in the year 2023?

In the year 2023, Industrial and Commercial Bank of China distributed 0.293 CNY as dividends.

In which currency does Industrial and Commercial Bank of China pay out the dividend?

The dividends of Industrial and Commercial Bank of China are distributed in CNY.

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Andere Kennzahlen von Industrial and Commercial Bank of China

Our stock analysis for Industrial and Commercial Bank of China Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Industrial and Commercial Bank of China Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.