Bank of Communications Co Net Income 2024

Bank of Communications Co Net Income

47.71 B CNY

Bank of Communications Co Dividend yield

5.45 %

Ticker

601328.SS

ISIN

CNE1000000S2

WKN

A0M4W0

In 2024, Bank of Communications Co's profit amounted to 47.71 B CNY, a -44.04% increase from the 85.26 B CNY profit recorded in the previous year.

The Bank of Communications Co Net Income history

YEARNET INCOME (undefined CNY)
2027e-
2026e51.11
2025e49.49
2024e47.71
202385.26
202284.62
202181.97
202073.88
201974.61
201871.01
201767.53
201666.33
201566.53
201465.85
201362.3
201258.37
201150.74
201039.04
200930.08
200828.42
200720.51
200612.51
20059.51
20041.2

Bank of Communications Co Aktienanalyse

What does Bank of Communications Co do?

The Bank of Communications Co. Ltd. (BoCom) is one of the leading banking companies in China, with its headquarters in Shanghai. The bank's history dates back to 1908 when it was founded as the Bank of Communications (BoC). Over the decades, the bank has become a significant financial institution in China, primarily serving government mega projects such as railways, airports, and energy and infrastructure development. In the 1990s, the Bank of Communications began transitioning towards a modern universal banking model. In 2005, it became the first Chinese bank to be listed on the Hong Kong Stock Exchange, establishing itself as an important player in the global financial market. The bank's business model is diverse, offering both traditional banking services and modern digital solutions. It operates in various sectors, including corporate banking, retail banking, investment banking, asset management, and wealth management. In corporate banking, BoCom provides a range of products and services targeted at corporations, government agencies, and financial institutions. This includes lending, payment processing, foreign exchange trading, and risk management. In retail banking, the bank focuses on providing financial services to individual customers. This includes account and credit cards, mortgages, personal loans, as well as investment and insurance products. In investment banking, BoCom offers financial services to companies aiming to participate in initial public offerings (IPOs) or mergers and acquisitions. This includes corporate consulting, capital raising, and securities trading. The asset management division specializes in managing assets held by companies and institutional investors. BoCom offers various investment products such as mutual funds, bonds, stocks, as well as tailored investment solutions. Lastly, BoCom provides wealth management services aimed at protecting and preserving customers' assets. This includes wealth planning, tax and estate planning, as well as trust services. Overall, the Bank of Communications Co. Ltd. is a significant player in the Chinese banking sector. With its wide range of products and services, as well as extensive experience in corporate banking and government mega projects, it is well-positioned to continue playing an important role in the Chinese economy. Bank of Communications Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Bank of Communications Co's Profit Margins

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

Year-to-Year Comparison

Evaluating Bank of Communications Co'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

Bank of Communications Co'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 Bank of Communications Co’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 Bank of Communications Co Stock

How much profit has Bank of Communications Co made this year?

Bank of Communications Co has made 47.71 B CNY this year.

How has the profit developed compared to last year?

The profit has increased by -44.04% 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 Bank of Communications Co publish its earnings?

Bank of Communications Co 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 Bank of Communications Co?

The profits of Bank of Communications Co 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 Bank of Communications Co?

You can learn more about the earnings of Bank of Communications Co by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Bank of Communications Co pay?

Over the past 12 months, Bank of Communications Co paid a dividend of 0.37 CNY . This corresponds to a dividend yield of about 5.45 %. For the coming 12 months, Bank of Communications Co is expected to pay a dividend of 0.39 CNY.

What is the dividend yield of Bank of Communications Co?

The current dividend yield of Bank of Communications Co is 5.45 %.

When does Bank of Communications Co pay dividends?

Bank of Communications Co pays a quarterly dividend. This is distributed in the months of August, August, August, August.

How secure is the dividend of Bank of Communications Co?

Bank of Communications Co paid dividends every year for the past 0 years.

What is the dividend of Bank of Communications Co?

For the upcoming 12 months, dividends amounting to 0.39 CNY are expected. This corresponds to a dividend yield of 5.76 %.

In which sector is Bank of Communications Co located?

Bank of Communications Co is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Bank of Communications Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Bank of Communications Co from 7/12/2023 amounting to 0.373 CNY, you needed to have the stock in your portfolio before the ex-date on 7/12/2023.

When did Bank of Communications Co pay the last dividend?

The last dividend was paid out on 7/12/2023.

What was the dividend of Bank of Communications Co in the year 2023?

In the year 2023, Bank of Communications Co distributed 0.355 CNY as dividends.

In which currency does Bank of Communications Co pay out the dividend?

The dividends of Bank of Communications Co are distributed in CNY.

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Andere Kennzahlen von Bank of Communications Co

Our stock analysis for Bank of Communications Co 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 Bank of Communications Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.