Bank of Communications Co., Ltd.
BCMXY
Other OTC21.60
USD
-3.10
- -
ISIN
US0616051019
CUSIP
061605101
Return %
Stock
S&P500
1Y
7.20
26.53
3Y
23.43
76.60
5Y
28.72
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Deqi Ren
- Full Time Employees
- 95,746
- Sector
- Financial Services
- Industry
- Banks - Diversified
- Address
- 188 Yin Cheng Zhong Lu Shanghai People's Republic of China 200120
- IPO Date
- Jan 8, 2021
- Website
- bankcomm.com
- Similar Companies
- Business
- Bank of Communications Co., Ltd. (BOCOM) is one of China's leading commercial banks and a major provider of comprehensive financial services, offering corporate banking products including deposits, loans, supply chain finance, cash management, international settlement, trade financing, investment banking, asset custody, wealth management, private banking, treasury services, bank cards, syndicated loans, mergers and acquisitions advisory, debt capital markets, structured financing, and market risk hedging instruments; personal banking services such as savings deposits, mortgages, remittances, foreign exchange, credit cards, and insurance; as well as securities, trust, financial leasing, fund management, and offshore financial services through wholly owned affiliates including Bank of Communications International, Bank of Communications Insurance, Bank of Communications Financial Leasing, Bank of Communications Schroder Fund, Bank of Communications International Trustees, and Bank of Communications Kangren Life Insurance. Headquartered in Shanghai and founded in 1908 as one of modern China's original note-issuing banks, the company operates over 3,500 domestic branches across more than 230 cities in China, serving 2.84 million corporate customers and 199 million retail customers, with an extensive international network encompassing branches in Hong Kong, New York, San Francisco, Tokyo, Singapore, Seoul, Frankfurt, Macau, Sydney, Ho Chi Minh City, and representative offices in London and Taipei. BOCOM maintains significant ownership stakes including 26.53% by China's Ministry of Finance and 19.05% by HSBC Holdings plc, positioning it as a systemically important global bank ranked among the top 5 in China by Tier 1 capital and 53rd on the 2023 Forbes Global 2000. Recent developments include the redemption of $2.8 billion in US dollar-denominated perpetual capital bonds in late 2024 to manage its capital structure; expansion of its Hong Kong operations with new branches such as Causeway Bay Branch opened in January 2025 and West Kowloon Station Wealth Management Centre in September 2024, alongside launches of an enhanced mobile banking app in 2024 and a new corporate internet banking platform in September 2025; and participation in China's 2025 initiative to cut rates on 16 trillion yuan of existing first-home loans, enabling household interest savings of up to 109 billion yuan. The bank continues to emphasize cross-border services, including FPS x PromptPay QR payments launched in late 2023 for seamless Hong Kong-Thailand transactions, and strategic growth in international RMB business as China's first initiator in this domain.
Head to Head Contrast: Oversea-Chinese Banking (OTCMKTS:OVCHY) & Bank of Communications (OTCMKTS:BCMXY)
Bank of Communications (BCMXY) Expected to Announce Earnings on Friday
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