Industrial and Commercial Bank of China Ltd
SSE:601398

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Industrial and Commercial Bank of China Ltd
SSE:601398
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Price: 6.05 CNY -1.47% Market Closed
Market Cap: 2.2T CNY
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Industrial and Commercial Bank of China Ltd
Interest Expense

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Industrial and Commercial Bank of China Ltd
Interest Expense Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Interest Expense CAGR 3Y CAGR 5Y CAGR 10Y
Industrial and Commercial Bank of China Ltd
SSE:601398
Interest Expense
ÂĄ792.1B
CAGR 3-Years
20%
CAGR 5-Years
13%
CAGR 10-Years
9%
Agricultural Bank of China Ltd
SSE:601288
Interest Expense
ÂĄ694.5B
CAGR 3-Years
20%
CAGR 5-Years
15%
CAGR 10-Years
11%
Bank of Communications Co Ltd
SSE:601328
Interest Expense
ÂĄ288.2B
CAGR 3-Years
11%
CAGR 5-Years
5%
CAGR 10-Years
7%
Bank of China Ltd
SSE:601988
Interest Expense
ÂĄ625.5B
CAGR 3-Years
22%
CAGR 5-Years
12%
CAGR 10-Years
9%
China Merchants Bank Co Ltd
SSE:600036
Interest Expense
ÂĄ166.3B
CAGR 3-Years
11%
CAGR 5-Years
7%
CAGR 10-Years
5%
China Construction Bank Corp
SSE:601939
Interest Expense
ÂĄ656.5B
CAGR 3-Years
15%
CAGR 5-Years
13%
CAGR 10-Years
9%
No Stocks Found

Industrial and Commercial Bank of China Ltd
Glance View

Market Cap
2.2T CNY
Industry
Banking

Industrial and Commercial Bank of China Ltd. (ICBC) stands as a towering figure in the global banking landscape, not just as the largest bank in China but as a beacon of financial strength worldwide. Established in 1984 and headquartered in Beijing, ICBC has cultivated an expansive network that includes thousands of branches domestically and a significant international presence. The bank specializes in a wide array of financial services, encompassing personal and corporate banking, investment banking, and asset management, catering to a diverse clientele from individual savers to multinational corporations. Investors are drawn to ICBC due to its robust financial performance, consistently high profitability, and strong asset quality, positioning it as a stable investment option in the ever-evolving financial sector. As the Chinese economy continues to grow, ICBC plays a crucial role in financing infrastructure projects, supporting trade, and driving economic development, further solidifying its importance in global finance. The bank's strategic focus on digital banking innovations and expanding its international footprint demonstrates its adaptability in an increasingly competitive marketplace. With a commitment to sustainable development and financial inclusivity, ICBC is not only committed to maximizing shareholder value but also to contributing positively to the broader economy. For investors looking to tap into China’s economic growth narrative while also supporting a leading institution with a solid track record, ICBC offers a compelling narrative that blends tradition with modern financial practices.

Intrinsic Value
13.38 CNY
Undervaluation 55%
Intrinsic Value
Price

See Also

What is Industrial and Commercial Bank of China Ltd's Interest Expense?
Interest Expense
792.1B CNY

Based on the financial report for Sep 30, 2024, Industrial and Commercial Bank of China Ltd's Interest Expense amounts to 792.1B CNY.

What is Industrial and Commercial Bank of China Ltd's Interest Expense growth rate?
Interest Expense CAGR 10Y
9%

Over the last year, the Interest Expense growth was 10%. The average annual Interest Expense growth rates for Industrial and Commercial Bank of China Ltd have been 20% over the past three years , 13% over the past five years , and 9% over the past ten years .

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