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: 6.7 CNY 2.6% Market Closed
Market Cap: 2.4T CNY
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Industrial and Commercial Bank of China Ltd
Loan Loss Provision

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
Loan Loss Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Loan Loss Provision CAGR 3Y CAGR 5Y CAGR 10Y
Industrial and Commercial Bank of China Ltd
SSE:601398
Loan Loss Provision
-ÂĄ131.9B
CAGR 3-Years
13%
CAGR 5-Years
6%
CAGR 10-Years
-12%
Agricultural Bank of China Ltd
SSE:601288
Loan Loss Provision
-ÂĄ137.2B
CAGR 3-Years
6%
CAGR 5-Years
0%
CAGR 10-Years
-8%
Bank of Communications Co Ltd
SSE:601328
Loan Loss Provision
-ÂĄ53.3B
CAGR 3-Years
5%
CAGR 5-Years
-1%
CAGR 10-Years
-8%
Bank of China Ltd
SSE:601988
Loan Loss Provision
-ÂĄ101.2B
CAGR 3-Years
1%
CAGR 5-Years
1%
CAGR 10-Years
-9%
China Merchants Bank Co Ltd
SSE:600036
Loan Loss Provision
-ÂĄ37.9B
CAGR 3-Years
18%
CAGR 5-Years
9%
CAGR 10-Years
-5%
China Construction Bank Corp
SSE:601939
Loan Loss Provision
-ÂĄ121.9B
CAGR 3-Years
11%
CAGR 5-Years
5%
CAGR 10-Years
-8%
No Stocks Found

Industrial and Commercial Bank of China Ltd
Glance View

Market Cap
2.4T CNY
Industry
Banking

In the bustling financial heart of Beijing, the Industrial and Commercial Bank of China Ltd. (ICBC) stands as a towering symbol of economic prowess and stability. Born in 1984, ICBC quickly ascended the global banking stage, driven by a mission to serve both individuals and enterprises with unwavering dedication. As one of the largest banks in the world by total assets, ICBC is not merely an institution but a financial juggernaut that influences not only China's economic landscape but also the international markets. Its sprawling network encompasses thousands of branches in China and a presence in over 40 countries, cementing its reputation as a global player. Through these channels, ICBC provides traditional banking services, such as deposits and loans, alongside sophisticated financial instruments and investment banking offerings, all tailored to meet the ever-evolving needs of its diverse clientele. ICBC's revenue streams are emblematic of a well-oiled financial machine. Interest income, the cornerstone of any bank's financial heart, flows largely from its extensive loan portfolio, which ranges from individual mortgages to colossal infrastructure project finance. This is complemented by its non-interest income, which is derived from various fees and commissions. Such income is generated through services like wealth management, insurance, and cross-border financial transactions. Moreover, this banking behemoth strategically embraces technology, ensuring efficient service delivery and customer engagement through digital banking platforms. The amalgamation of these elements enables ICBC not just to thrive financially but also to maintain a symbiotic relationship with its customers, shareholders, and the broader economic ecosystem in which it operates.

Intrinsic Value
17.81 CNY
Undervaluation 62%
Intrinsic Value
Price

See Also

What is Industrial and Commercial Bank of China Ltd's Loan Loss Provision?
Loan Loss Provision
-131.9B CNY

Based on the financial report for Sep 30, 2024, Industrial and Commercial Bank of China Ltd's Loan Loss Provision amounts to -131.9B CNY.

What is Industrial and Commercial Bank of China Ltd's Loan Loss Provision growth rate?
Loan Loss Provision CAGR 10Y
-12%

Over the last year, the Loan Loss Provision growth was 18%. The average annual Loan Loss Provision growth rates for Industrial and Commercial Bank of China Ltd have been 13% over the past three years , 6% over the past five years , and -12% over the past ten years .

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