Bank Of China Ltd (BACHF, Financial) experienced a significant stock movement on the OTC market, with its price rising by 5.89%. The stock is currently priced at $0.477 per share, with a trading volume of 775 shares. Despite the price surge, the turnover rate and amplitude remain unchanged at 0.00%.
Recent financial reports reveal that Bank Of China achieved a revenue of $44.718 billion and a net profit of $7.975 billion, translating to an earnings per share (EPS) of $0.03. The stock's price-to-earnings (P/E) ratio stands at 4.52. Currently, there are no institutional ratings available for this stock.
In the banking sector of the OTC market, where Bank Of China Ltd operates, the overall decline was 0.42%. Notable performers in the sector include United Bank, Summit State Bank, and Grupo Supervielle S.A., which saw significant gains. Active stocks in this sector include North California National Bank, Grupo Supervielle S.A., and Rocket Companies, Inc., with turnover rates of 4.78%, 1.72%, and 1.17%, respectively. Stocks with notable amplitude include Grupo Supervielle S.A., Pineapple Financial Inc., and Patriot National Bancorp, with amplitudes of 13.18%, 10.39%, and 10.29%, respectively.
Established in 1912 and headquartered in Beijing, Bank Of China Ltd has evolved into a state-owned bank specializing in central banking, international foreign exchange, and foreign trade. It was listed on the Hong Kong and Shanghai Stock Exchanges in 2006, offering comprehensive financial services to clients in Greater China and internationally. Central Huijin Investment Ltd, a Chinese state-owned investment company, is the largest shareholder, holding 64% of the shares. The bank operates in 64 countries and regions globally.
