Industrial and Commercial Bank of China (1398)
5.01 HKD -0.03 (-0.60%) Volume: 689.42M
Industrial and Commercial Bank of China’s stock price stands at 5.01 HKD, experiencing a slight dip of -0.60% in today’s trading session with a substantial trading volume of 689.42M, reflecting a year-to-date decrease of -3.84%, further highlighting the bank’s stock performance in the current financial market.
Latest developments on Industrial and Commercial Bank of China
Today, ICBC (H) stock price experienced a significant movement following a legal battle with a driver over a bumper repair. Despite suing the driver for $4,300, ICBC (H) only managed to secure $150 in compensation. This unexpected outcome may have led to uncertainty among investors, causing fluctuations in the company’s stock price. Investors will be closely monitoring how ICBC (H) navigates this situation and its potential impact on future financial performance.
Industrial and Commercial Bank of China on Smartkarma
Analysts on Smartkarma are closely monitoring ICBC (H) as the company prepares to report its 2024 financial results on 28 March 2025. Gaudenz Schneider‘s research suggests that the expected price movement post-earnings release is similar to a typical trading day, advising investors to make decisions after the announcement. ICBC (H) has transitioned to semi-annual dividends, offering current yields of 6.0% for H shares and 4.5% for A shares, with a history of dividend increases.
On the other hand, John Ley’s analysis reveals a bearish sentiment on ICBC (H) due to the rise in single stock put volumes, pushing the put call ratio over 1 for the first time since November. Heavy put trading in the financial sector, particularly with ICBC, indicates a cautious approach among investors. Despite this, trading volumes in single stocks have been dominated by call volumes, with the Put/Call ratio at its 3rd lowest level since early November, suggesting mixed sentiments among analysts on the future performance of ICBC (H).
A look at Industrial and Commercial Bank of China Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, ICBC (H) has a positive long-term outlook. With high scores in Dividend and Momentum, the company is showing strong performance in terms of returning value to shareholders and maintaining market momentum. Additionally, its solid scores in Value and Growth indicate a promising future for the company’s financial health and potential for expansion. While Resilience scored lower, the overall outlook for ICBC (H) remains optimistic.
Industrial and Commercial Bank of China Limited, the parent company of ICBC (H), provides a range of banking services including deposits, loans, and fund underwriting. Serving individuals, enterprises, and other clients, the company plays a vital role in the financial sector. With its strong Smart Scores in Dividend, Growth, and Momentum, ICBC (H) is well-positioned for continued success in the banking industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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