Bank of Communications Co., Ltd. (BCMXY) Stock

About Bank of Communications Co., Ltd.

Bank of Communications Co., Ltd. (BCMXY) operates as a comprehensive commercial bank, providing a wide array of financial solutions. Its operations are organized into four core divisions: Corporate Banking, Personal Banking, Treasury Businesses, and Other Businesses. For individual customers, the bank offers diverse deposit products, including savings accounts, personal certificates of deposit, foreign currency accounts, and salary financing options. It also facilitates mortgage and unsecured loans, issues bank cards, and delivers personal wealth management advisory services, even extending to airport locations. Furthermore, clients can access physical precious metals, structured deposits, and other wealth management products, alongside engaging in precious metal and commodity trading. Corporate clients benefit from structured deposits, corporate certificates of deposit, syndicated loans, and overdraft facilities. The institution provides extensive wealth management, investment banking, and offshore banking services. Specific corporate solutions include cash management, industrial chain financing, structured products, precious metal leasing, and precious metal and commodity trading services. The bank's international services encompass corporate forex wealth management, document settlement, remittance and bill processing, and trade finance, complemented by interbank financing. Beyond these core banking functions, Bank of Communications also engages in a broad spectrum of financial activities, such as financial leasing, trust investments, fund management, life insurance, general insurance, and reinsurance. Additional offerings include securities dealing and brokerage, debt-to-equity swaps, and financial product issuance and consulting. As of December 31, 2021, the bank maintained a substantial presence with 248 branches across Mainland China. Its global reach extended to 69 operating outlets, comprising 23 overseas branches and representative offices situated in 18 different countries and regions. Founded in 1908, the company's headquarters are located in Shanghai, People's Republic of China.

Bank of Communications Co., Ltd. is headquartered in CN.

Bank of Communications Co., Ltd. (BCMXY) stock trades at $20.60 with a market capitalization of $70.18B. The stock is valued at a price-to-earnings (P/E) ratio of 6.10, price-to-book of 0.51, price-to-sales of 1.45. Over the past 52 weeks the stock has ranged between $19.85 and $25.80, and currently trades 20.2% below its 52-week high. It pays a dividend yielding 6.02%.

On profitability, Bank of Communications Co., Ltd. generates a return on equity (ROE) of 7.92%, return on capital employed of 0.67%, an operating margin of 24.88%, a net profit margin of 22.72%.

In its most recent fiscal year, Bank of Communications Co., Ltd. reported annual revenue of $498.1B, net profit of $93.0B. Over the last 5 fiscal years, revenue grew at an average annual rate of 22.0%, and net profit grew at an average annual rate of 3.5%.

The balance sheet shows a debt-to-equity ratio of 2.95 (debt more than twice shareholders' equity), a current ratio of 1.45, total assets of $15.56T, $702.3B in cash and equivalents. For banks and other lenders, borrowing and deposits are part of the business model, so debt-to-equity and the current ratio read differently than for other companies.

BCMXY has an average daily trading volume of 138 shares, a beta of 0.11 (historically less volatile than the overall market).

Official website: www.bankcomm.com