Bank of China (OTCMKTS:BACHY – Get Free Report) is projected to issue its results after the market closes on Friday, August 28th. Analysts expect the company to announce earnings of $0.7370 per share and revenue of $24.6292 billion for the quarter.
Bank of China Stock Performance
BACHY opened at $17.62 on Thursday. The firm has a market cap of $227.10 billion, a P/E ratio of 6.86 and a beta of 0.07. The business has a 50 day moving average price of $16.62 and a 200 day moving average price of $16.10. Bank of China has a twelve month low of $12.95 and a twelve month high of $18.00.
Bank of China Company Profile
Bank of China (OTCMKTS: BACHY) is a major state-owned commercial bank headquartered in Beijing that provides a broad range of banking and financial services to corporate, institutional and retail clients. Founded in 1912, the bank has grown into one of China’s largest and longest-established banking institutions and is commonly grouped with the nation’s “Big Four” banks. Its core activities include deposit-taking, corporate and retail lending, trade finance, foreign exchange and treasury services, as well as cash management and payment services for domestic and cross-border clients.
In addition to traditional commercial banking, Bank of China offers investment banking and capital markets services, structured finance, asset management and wealth management solutions.
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