Bank of China (OTCMKTS:BACHY – Get Free Report) posted its quarterly earnings data on Friday. The bank reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.01), Zacks reports. Bank of China had a net margin of 20.44% and a return on equity of 7.88%.
Bank of China Trading Down 0.1%
OTCMKTS BACHY traded down $0.01 on Friday, reaching $19.57. 34,257 shares of the stock were exchanged, compared to its average volume of 50,477. Bank of China has a one year low of $13.80 and a one year high of $20.01. The firm has a market capitalization of $252.23 billion, a PE ratio of 7.50 and a beta of 0.07. The company’s 50-day simple moving average is $18.94 and its two-hundred day simple moving average is $16.64.
Bank of China Company Profile
Bank of China Limited is a major Chinese commercial bank headquartered in Beijing. Established in 1912, it is one of the country’s oldest banks and is among China’s large state-owned commercial banking institutions. The bank provides financial services to individuals, businesses, government entities and institutional clients.
Its principal activities include corporate banking, personal banking, financial markets, wealth management and investment banking. Products and services include deposits, loans, payment and settlement services, trade finance, foreign-exchange services, credit cards, mortgages and other consumer financial products.
Featured Articles
- Five stocks we like better than Bank of China
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Receive News & Ratings for Bank of China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of China and related companies with MarketBeat.com's FREE daily email newsletter.
