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Industrial and Commercial Bank of China Class H (IDCBF)
:IDCBF
Holding IDCBF?
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Earnings Data
Report Date
Mar 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.04Last Year’s EPS
0.04Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2018
|% Change Since: 17.54%
|Next Earnings Date:Aug 30, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted steady asset growth and improvements in non-interest income, despite challenges in operating income and pressures on net interest margins. Inclusive finance showed strong growth, but real estate and personal loans presented some quality concerns.Company Guidance
During the Q3 2024 earnings call for ICBC, several key metrics were discussed, reflecting the company's financial health and strategic direction. The bank reported a net income exceeding CNY 270 billion, marking a 0.2% increase, while operating income reached CNY 599.1 billion. The non-performing loan (NPL) ratio improved slightly to 1.35%, and the capital adequacy ratio was a robust 19.25%. Provision coverage remained strong, maintaining above 200%. Total assets expanded to CNY 48.3 trillion, with loans increasing by CNY 2 trillion and investments by CNY 1.4 trillion. Liabilities also rose to CNY 44.4 trillion. Personal customers grew to 755 million, and corporate customers to 13.15 million. The bank's strategies focused on enhancing non-interest income, optimizing asset and liability management, and maintaining a stable net interest margin despite downward pressures. The call highlighted ICBC's commitment to supporting the real economy, managing risks, and leveraging fintech innovations to sustain growth.Positive Net Income Growth
Net income was over CNY 270 billion, up by 0.2%, indicating a positive increase despite challenging conditions.
Expansion of Total Assets
Total assets increased by CNY 3.7 trillion to CNY 48.3 trillion, and loans grew by CNY 2 trillion.
Strong Non-Interest Income Performance
Non-interest income showed robust momentum, contributing significantly to operating income due to better capital market performance and effective trading strategies.
Stable NPL Ratio
The NPL ratio was 1.35%, down by 1 basis point, indicating stability in asset quality.
Growth in Inclusive Finance
Inclusive finance loans increased by 23% to CNY 2.81 trillion, with a customer base growing by 40%.
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Industrial and Commercial Bank of China (IDCBF) Earnings, Revenues Date & History
IDCBF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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IDCBF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $0.57 | $0.57 | 0.00% |
| Aug 30, 2024 | $0.57 | $0.55 | -3.51% |
| Apr 29, 2024 | $0.46 | $0.49 | +6.52% |
| Mar 28, 2024 | $0.46 | $0.46 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Industrial and Commercial Bank of China Class H (IDCBF) report earnings?
Industrial and Commercial Bank of China Class H (IDCBF) is schdueled to report earning on Mar 27, 2025, TBA Not Confirmed.
What is Industrial and Commercial Bank of China Class H (IDCBF) earnings time?
Industrial and Commercial Bank of China Class H (IDCBF) earnings time is at Mar 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IDCBF EPS forecast?
IDCBF EPS forecast for the fiscal quarter 2024 (Q4) is 0.04.
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