China Construction Bank (OTCMKTS:CICHY) Announces Quarterly Earnings Results

China Construction Bank (OTCMKTS:CICHY) released its quarterly earnings data on Wednesday. The company reported $0.95 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.02), Zacks reports. China Construction Bank had a return on equity of 9.73% and a net margin of 25.79%.

China Construction Bank Stock Down 1.2%

Shares of CICHY stock traded down $0.27 on Wednesday, hitting $22.48. The stock had a trading volume of 182,923 shares, compared to its average volume of 81,532. The business has a 50 day moving average of $21.07 and a 200 day moving average of $20.49. The stock has a market cap of $293.97 billion, a price-to-earnings ratio of 6.21 and a beta of 0.08. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.87 and a quick ratio of 0.87. China Construction Bank has a 12-month low of $16.30 and a 12-month high of $22.89.

China Construction Bank Company Profile

China Construction Bank Corporation (OTCMKTS:CICHY) is one of the largest commercial banks in China, headquartered in Beijing. The bank provides a broad range of banking and financial services to corporate, institutional and individual customers. It is widely recognized as one of the major state-owned banks in China and has played a significant role in financing infrastructure, real estate and corporate development across the country.

CCB’s core business activities include corporate banking, personal banking and treasury operations.