Bank of Communications Co., Ltd. Class A
0.96
EUR
+0.00
(+0.08%)
ISIN
CNE100000205
Return %
Stock
S&P 500
1Y
27.52
14.20
3Y
66.33
81.12
5Y
83.92
68.34
Capital Structure
CNY
•
in mil. unless spec.Working Capital
CNY
•
in mil. unless spec.Growth Rates
CNY
•
in mil. unless spec.Quarterly Revenue
CNY
•
in mil. unless spec.Quarterly Earnings Per Share
CNY
•
in mil. unless spec.Quarterly Dividends Per Share
CNY
•
in mil. unless spec.Company Description
- CEO
- Deqi Ren
- Full Time Employees
- 97,932
- Sector
- Finance
- Industry
- Major banks
- Address
- No. 188, Yincheng Middle Road Shanghai SH China 200120
- IPO Date
- Jun 23, 2005
- Website
- bankcomm.com
- Similar Companies
- Business
- Bank of Communications Co., Ltd. (BoCom) operates as one of China's largest state-controlled joint-stock commercial banks, providing a comprehensive range of commercial banking products and services to corporate and retail customers in China and internationally; core offerings include savings and time deposits, demand and structured deposits, corporate loans, personal housing and unsecured loans, credit and debit cards, wealth management products and advisory services, cash management solutions such as accounts receivable/payable financing and liquidity management, supply chain and industrial chain finance, syndicated loans, investment banking services encompassing debt and equity capital markets, mergers and acquisitions advisory, asset securitization, trade financing, international settlement, asset custody, private banking, treasury products, precious metals trading, and bank cards; through wholly-owned or controlling subsidiaries, the Group engages in financial leasing, funds, trust, insurance, overseas securities, and debt-to-equity swap businesses. Founded in 1908 as one of China's earliest note-issuing banks and reorganized in 1987 as the nation's first nationwide joint-stock commercial bank, BoCom maintains its headquarters in Shanghai and operates over 2,800 domestic outlets, 23 overseas branches and subsidiaries, and representative offices, serving approximately 2.62 million corporate customers and 192 million retail customers via digital channels like mobile and online banking. In recent developments, BoCom expanded its global footprint by opening a branch in the Dubai International Financial Centre in late 2024, marking it as the fifth Chinese bank in the DIFC and enhancing Middle East operations; the bank reported flat 2024 net profit with warnings of margin pressure amid investments in digital transformation, including RMB 20 billion allocated in 2023 for big data, AI, and blockchain initiatives that drove a 25% rise in digital transactions to 1.2 billion; governance updates in 2025 included board changes such as the appointment of Liu Ruixia as independent non-executive director effective September 25 and a leadership transition at its Hong Kong branch with Shan Jidong succeeding Zhu Bin as Deputy Chief Executive effective September 18, alongside revisions to committee rules for improved management and an announced Annual General Meeting on June 27, 2025, in Shanghai.
Company News
Bank of Communications (OTCMKTS:BCMXY) Shares Gap Down – Time to Sell?
MainStreet Bank (NASDAQ:MNSB) and Bank of Communications (OTCMKTS:BCMXY) Head-To-Head Contrast
Head to Head Contrast: Oversea-Chinese Banking (OTCMKTS:OVCHY) & Bank of Communications (OTCMKTS:BCMXY)
Bank of Communications (BCMXY) Expected to Announce Earnings on Friday
Reviewing Mizuho Financial Group (NYSE:MFG) & Bank of Communications (OTCMKTS:BCMXY)