
Bank of China Ltd
SSE:601988

Bank of China Ltd
Net Income (Common)
Bank of China Ltd
Net Income (Common) Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Net Income (Common) | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Bank of China Ltd
SSE:601988
|
Net Income (Common)
ÂĄ216.6B
|
CAGR 3-Years
2%
|
CAGR 5-Years
4%
|
CAGR 10-Years
3%
|
|
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Agricultural Bank of China Ltd
SSE:601288
|
Net Income (Common)
ÂĄ256.8B
|
CAGR 3-Years
4%
|
CAGR 5-Years
4%
|
CAGR 10-Years
4%
|
|
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Bank of Communications Co Ltd
SSE:601328
|
Net Income (Common)
ÂĄ85.3B
|
CAGR 3-Years
0%
|
CAGR 5-Years
3%
|
CAGR 10-Years
3%
|
|
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China Merchants Bank Co Ltd
SSE:600036
|
Net Income (Common)
ÂĄ141.3B
|
CAGR 3-Years
9%
|
CAGR 5-Years
10%
|
CAGR 10-Years
9%
|
|
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China Construction Bank Corp
SSE:601939
|
Net Income (Common)
ÂĄ325B
|
CAGR 3-Years
4%
|
CAGR 5-Years
4%
|
CAGR 10-Years
4%
|
|
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Industrial and Commercial Bank of China Ltd
SSE:601398
|
Net Income (Common)
ÂĄ349B
|
CAGR 3-Years
2%
|
CAGR 5-Years
3%
|
CAGR 10-Years
2%
|
Bank of China Ltd
Glance View
Established in 1912, Bank of China Ltd. (BOC) has orchestrated a narrative of financial evolution that intertwines with the economic story of modern China. As one of the country's oldest banks, BOC has carved a prominent position in the global financial landscape through its comprehensive range of services. With its headquarters in Beijing and an expansive network spanning across multiple continents, the bank caters to both domestic and international clients. Bank of China operates under a universal banking model, which means it engages in a broad spectrum of financial services. This includes corporate banking, personal banking, investment banking, insurance services, as well as asset management. Its strategic focus on expanding its cross-border financial services, especially under China's Belt and Road Initiative, underscores its aspiration to reinforce its international engagement. The bank's revenue primarily stems from interest income generated from loans and advances, alongside a significant portion from non-interest income, including wealth management services and trading gains. By leveraging its extensive global presence, Bank of China taps into diverse economic dynamics, balancing risks with diversified revenue flows. As a financial institution deeply intertwined with state policies, it navigates the complex regulatory landscape, enabling it to both mitigate systemic risks and capitalize on state-backed initiatives. Thus, while its core remains grounded in traditional banking, BOC continuously explores innovative financial solutions to align with the evolving demands of a global economy, ensuring it remains a pivotal player in international finance.

See Also
What is Bank of China Ltd's Net Income (Common)?
Net Income (Common)
216.6B
CNY
Based on the financial report for Sep 30, 2024, Bank of China Ltd's Net Income (Common) amounts to 216.6B CNY.
What is Bank of China Ltd's Net Income (Common) growth rate?
Net Income (Common) CAGR 10Y
3%
Over the last year, the Net Income (Common) growth was 3%. The average annual Net Income (Common) growth rates for Bank of China Ltd have been 2% over the past three years , 4% over the past five years , and 3% over the past ten years .