Agricultural Bank of China Limited (ACGBY)
| Previous Close | 12.45 |
| Open | 12.45 |
| Bid | 12.45 x 40000 |
| Ask | 12.53 x 317700 |
| Day's Range | 12.45 - 12.45 |
| 52 Week Range | 8.89 - 13.30 |
| Volume | |
| Avg. Volume | 75,076 |
| Market Cap | 228.065B |
| Beta (5Y Monthly) | 0.25 |
| PE Ratio (TTM) | 4.95 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.81 (6.49%) |
| Ex-Dividend Date | May 31, 2024 |
| 1y Target Est | N/A |
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- Reuters
China's big banks post Q3 profit gains, squeeze on net interest margins
China's largest lenders posted increases in their third-quarter profits on Wednesday, mostly on reduced provisions, with slimmer net interest margins for some. The frontrunner was Agricultural Bank of China Ltd (AgBank), which reported a 5.88% rise in third-quarter net profit. AgBank, Industrial and Commercial Bank of China Ltd (ICBC) and China Construction Bank Corp (CCB) all posted sluggish growth or a drop in pre-provisions operating income, indicating the banks reduced provisions to boost net profit growth.
