Bank of Communications (BCMXY) Set to Release Earnings on Friday

Bank of Communications (OTCMKTS:BCMXY) is anticipated to release its results after the market closes on Friday, October 30th. Analysts expect the company to announce earnings of $0.9340 per share and revenue of $8.99 billion for the quarter.

Bank of Communications (OTCMKTS:BCMXY) last issued its quarterly earnings results on Friday, August 28th. The bank reported $0.81 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.81. The business had revenue of $10.32 billion for the quarter, compared to the consensus estimate of $10.32 billion. On average, analysts expect Bank of Communications to post $4.22 EPS for the current fiscal year and $4.40 EPS for the next fiscal year.

Bank of Communications Stock Performance

OTCMKTS BCMXY opened at $25.40 on Wednesday. The stock’s 50-day simple moving average is $25.34 and its two-hundred day simple moving average is $22.59. Bank of Communications has a twelve month low of $19.89 and a twelve month high of $27.35.

Bank of Communications Company Profile

Bank of Communications Co, Ltd. is a Chinese commercial bank headquartered in Shanghai. Established in 1908, it is one of China’s oldest banking institutions and has developed into a large, diversified financial services group serving individuals, businesses, government-related organizations and institutional clients.

The bank provides personal and corporate banking services, including deposits, loans, payments, settlement, credit cards and wealth management. Its broader offerings include investment banking, asset management, financial markets and treasury services, as well as financing and advisory solutions for corporate and institutional customers.

Bank of Communications serves customers through a nationwide branch and digital banking network in mainland China and maintains an international presence through operations and subsidiaries in markets that include Hong Kong and other overseas financial centers.