China Construction Bank (OTCMKTS:CICHY) Issues Earnings Results, Misses Expectations By $0.04 EPS

China Construction Bank (OTCMKTS:CICHY) posted its earnings results on Wednesday. The company reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.04), Zacks reports. The company had revenue of $30.21 billion during the quarter, compared to analysts’ expectations of $29.64 billion. China Construction Bank had a net margin of 26.72% and a return on equity of 9.70%.

China Construction Bank Stock Up 0.2%

Shares of OTCMKTS:CICHY traded up $0.05 during trading on Friday, reaching $22.63. The stock had a trading volume of 25,494 shares, compared to its average volume of 81,852. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $295.94 billion, a P/E ratio of 6.18 and a beta of 0.08. The firm’s 50-day simple moving average is $21.15 and its 200 day simple moving average is $20.52. China Construction Bank has a one year low of $16.30 and a one year high of $22.89.

China Construction Bank Company Profile

China Construction Bank Corporation (OTCMKTS:CICHY) is one of the largest commercial banks in China, headquartered in Beijing. The bank provides a broad range of banking and financial services to corporate, institutional and individual customers. It is widely recognized as one of the major state-owned banks in China and has played a significant role in financing infrastructure, real estate and corporate development across the country.

CCB’s core business activities include corporate banking, personal banking and treasury operations.