1288.HK - Agricultural Bank of China Limited

HKSE - HKSE Delayed Price. Currency in HKD
3.870
-0.140 (-3.49%)
At close: 4:08PM HKT
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Previous Close4.010
Open3.950
Bid3.870 x 0
Ask3.880 x 0
Day's Range3.840 - 3.950
52 Week Range3.400 - 5.020
Volume289,382,125
Avg. Volume142,216,072
Market Cap1.149T
Beta1.29
PE Ratio (TTM)5.57
EPS (TTM)0.695
Earnings DateN/A
Forward Dividend & Yield0.22 (5.49%)
Ex-Dividend Date2018-05-17
1y Target Est5.45
  • Has Agricultural Bank of China Limited (HKG:1288) Improved Earnings Growth In Recent Times?
    Simply Wall St.27 days ago

    Has Agricultural Bank of China Limited (HKG:1288) Improved Earnings Growth In Recent Times?

    When Agricultural Bank of China Limited’s (SEHK:1288) announced its latest earnings (31 March 2018), I wanted to understand how these figures stacked up against its past performance. The two benchmarksRead More...

  • Reuterslast month

    BRIEF-Agricultural Bank Of China Says Zhang Dinglong Resigned As A Non-Executive Director

    May 11 (Reuters) - 1288.HK: * ZHANG DINGLONG RESIGNED AS A NON-EXECUTIVE DIRECTOR OF AGRICULTURAL BANK OF CHINA LIMITED Source text for Eikon: Further company coverage:

  • China's Big Five banks log fastest first-quarter profit growth in four years
    Reuters2 months ago

    China's Big Five banks log fastest first-quarter profit growth in four years

    BEIJING/SHANGHAI (Reuters) - China's Big Five state-owned banks posted their fastest first-quarter net profit growth in four years, while their ratio of soured debt remained steady. China's biggest lenders are in the midst of a revival, posting faster profit growth and generally healthier net interest margins after years of rising bad debt as economic growth slowed down. On Friday, Agricultural Bank of China Ltd (AgBank), reported a 5.43 percent rise in first-quarter net profit, while the country's largest bank, Industrial and Commercial Bank of China Ltd (ICBC), said its net profit grew 4 percent over the same period.

  • Reuters2 months ago

    BRIEF-Agricultural Bank Of China Announces Approval From CBIRC On Private Placement Of A Shares

    April 17 (Reuters) - 1288.HK: * AGRICULTURAL BANK OF CHINA LTD ANNOUNCES APPROVAL FROM CBIRC ON PRIVATE PLACEMENT OF A SHARES * PLAN OF A SHARES PRIVATE PLACEMENT BY CO WITH TOTAL PROCEEDS NOT EXCEEDING ...

  • Reuters2 months ago

    BRIEF-Agricultural Bank Of China Receives Approval On Qualification Zhou Wanfu Of Co From CBIRC

    April 12 (Reuters) - Agricultural Bank Of China Ltd : * ZHOU WANFU WAS APPOINTED AS SECRETARY TO BOARD, COMPANY SECRETARY AND AN AUTHORISED REPRESENTATIVE OF BANK * ZHANG KEQIU WILL NO LONGER SERVE AS ...

  • Reuters3 months ago

    China's largest banks feel wind in their sails as profits rebound

    BEIJING/SHANGHAI (Reuters) - China's top lenders are reporting their best profit growth in three years on better net interest margins, with Beijing's crackdown on shadow financing and high leverage expected to further drive recovery this year. The strong 2017 results suggest that Beijing has been successful in pushing smaller lenders to cut their exposure to riskier financing practices - in turn helping reduce competition for the state-backed behemoths. "The banks that will do well this year are those that have national franchises, "safe" brands, relatively clean balance sheets, competitive products, sticky core deposits and strong credit skills," said John Ott, partner with Bain & Company and a leader with its Greater China financial services practice.

  • Reuters3 months ago

    China's banks eye capital raising, earnings lift as they shed bad loans

    BEIJING/SHANGHAI (Reuters) - Chinese banks are set to quicken the pace of bad loan disposals this year, likely raising more capital and taking advantage of relaxed provisioning rules as they look to lift what is expected to be a modest year of earnings growth in 2017. Among those due to report annual earnings next week are Industrial and Commercial Bank of China (ICBC), China Construction Bank , Agricultural Bank of China (AgBank) (1288.HK), and Bank of China (BoC) (3988.HK). Annual profits for the 12-months to Dec. 31 are expected to have risen between 2.4 percent to 4.9 percent for China's biggest four banks, according to analysts surveyed by Thomson Reuters, helped by steadying interest margins.

  • Xi's Carrot Could Be a Market Catalyst
    Bloomberg3 months ago

    Xi's Carrot Could Be a Market Catalyst

    Accelerating financial reforms are a compelling story for global investors.

  • Reuters3 months ago

    China's AgBank to raise up to $15.8 billion via private placement

    Agricultural Bank of China (AgBank), the country's third-largest bank, said on Monday it would raise as much as 100 billion yuan ($15.81 billion) in the biggest A-share private placement by a listed Chinese commercial bank. The bank will use the money to replenish its common equity tier 1 capital and boost capital adequacy of the bank, AgBank said in a securities filing. The fundraising comes as China's large state banks step up efforts to speed up write-offs and boost bad loan buffers as part of a nationwide campaign to de-risk and de-leverage the commercial banking industry, where non-performing loans are at 12-year highs.

  • Reuters3 months ago

    BRIEF-Agricultural Bank Of China Board Resolved To Appoint Zhou Wanfu As Secretary To Board

    March 12 (Reuters) - Agricultural Bank Of China: * BOARD RESOLVED TO APPOINT ZHOU WANFU AS SECRETARY TO BOARD, COMPANY SECRETARY AND AN AUTHORISED REPRESENTATIVE​ Source text for Eikon: Further company ...

  • China's AgBank to raise up to $15.8 billion via private placement
    Reuters3 months ago

    China's AgBank to raise up to $15.8 billion via private placement

    Agricultural Bank of China (AgBank) (1288.HK), the country's third-largest bank, said on Monday it would raise as much as 100 billion yuan ($15.81 billion) in the biggest A-share private placement by a listed Chinese commercial bank. The bank will use the money to replenish its common equity tier 1 capital and boost capital adequacy of the bank, AgBank said in a securities filing. The fundraising comes as China's large state banks step up efforts to speed up write-offs and boost bad loan buffers as part of a nationwide campaign to de-risk and de-leverage the commercial banking industry, where non-performing loans are at 12-year highs.

  • Reuters3 months ago

    BRIEF-Agricultural Bank Of China ‍Announces Prelim Financial Data For 2017

    March 12 (Reuters) - Agricultural Bank Of China Ltd : * ‍FY OPERATING INCOME RMB537,041 MILLION, UP 6.13​ PERCENT * FY ‍NET PROFIT ATTRIBUTABLE RMB192,962 MILLION VERSUS RMB183,941 MILLION​ * 2017 NET ...

  • Real Risks You Need To Know Before Investing In Agricultural Bank of China Limited (HKG:1288)
    Simply Wall St.4 months ago

    Real Risks You Need To Know Before Investing In Agricultural Bank of China Limited (HKG:1288)

    As a HK$ 1.71T market capitalisation bank, Agricultural Bank of China Limited (SEHK:1288) is well-positioned to benefit from the improving credit quality as a result of post-GFC recovery. Growth stimulatesRead More...

  • Reuters4 months ago

    BRIEF-Agricultural Bank Of China ‍Receives CBRC​ Approval On Qualification Of Guo Ningning As Executive Director​

    Feb 14 (Reuters) - Agricultural Bank Of China Ltd : * ‍GUO NINGNING WAS ELECTED AS AN EXECUTIVE DIRECTOR​ * ‍BANK HAS RECEIVED APPROVAL ON QUALIFICATION OF GUO NINGNING OF CO FROM CBRC​ Source text for ...

  • Reuters4 months ago

    BRIEF-Agricultural Bank Of China Receives Approval For Executive Director Appointment

    Feb 13 (Reuters) - Agricultural Bank Of China Ltd: * WANG WEI WAS ELECTED AS AN EXECUTIVE DIRECTOR OF BANK AT EGM * RECEIVED APPROVAL ON QUALIFICATION OF WANG WEI FROM CBRC ON FEB 13 Source text for Eikon: ...

  • Top Cheap Stocks To Buy
    Simply Wall St.5 months ago

    Top Cheap Stocks To Buy

    Best Pacific International Holdings and Bank of China are companies that are currently trading below what they’re actually worth. There’s a few ways you can measure the value of aRead More...

  • Is It Time To Buy Agricultural Bank of China Limited (HKG:1288) Based Off Its PE Ratio?
    Simply Wall St.5 months ago

    Is It Time To Buy Agricultural Bank of China Limited (HKG:1288) Based Off Its PE Ratio?

    Agricultural Bank of China Limited (SEHK:1288) trades with a trailing P/E of 6.9x, which is lower than the industry average of 7.1x. While this makes 1288 appear like a greatRead More...

  • Reuters5 months ago

    BRIEF-Agricultural Bank Of China ‍Board Approves Dividend Payment Scheme Of 2017-2018 For Second Tranche Of Preference Shares

    Jan 11 (Reuters) - Agricultural Bank Of China Ltd : * ‍ON MONDAY, 12 MARCH 2018 BANK WILL PAY CASH DIVIDENDS OF RMB5.50 PER PREFERENCE SHARE​ * BOARD CONSIDERED AND APPROVED FIXED ASSETS INVESTMENT BUDGET ...

  • Agricultural Bank Quarterly Profit Rises 4.8% as Bad Loans Fall
    Bloomberg10 months ago

    Agricultural Bank Quarterly Profit Rises 4.8% as Bad Loans Fall

    Agricultural Bank of China Ltd., the nation’s third-largest lender, posted a 4.8 percent increase in second-quarter profit as it curbed bad loans.