Option chain shows key data for Bank of Comms Co's stock options at various strike prices and expiration dates. Traders use this information to analyze potential trades and assess market sentiment for Bank of Comms Co.

Bank of Comms Co (OTC:BCMXY) Stock, Option Chain

Bank of Comms Co

Bank of Communications, or Bocom, is the only state-owned bank with headquarters in Shanghai. As one of China's four oldest banks, Bocom became China's first state-owned shareholding commercial bank in 1987. Today, Bocom is amid a strategic transformation, building itself into a global wealth-management bank with wide-ranging financial operations, including insurance, brokerage, trust, and asset management.It operates a comprehensive financial services platform that includes corporate finance, personal finance, and money market operations. Bocom is known for its strategic importance in the process of RMB internationalization, particularly with its role as one of the first banks involved in the Cross-Border Interbank Payment System, or CIPS.

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Earnings

Bank of Communications Profit Increases 7%

BANK OF COMMUNS UNSP/ADR by Bank of Communications Co. Ltd.

Bank of Communications Co Ltd

Bank of Communications (OTC: <a class="ticker" href="/stock/bcmxy#OTC">BCMXY</a>) reported a 7% increase in its 2013 net profit.

The bank's net profit for the period rose to 62.3 billion yuan ($10.2 billion), versus CNY58.37 billion, in the year-ago period. Analysts projected a profit of CNY62.39 billion.

Its net interest income jumped 9% y/y to CNY130.66 billion, while fee and commission income climbed 24% y/y to CNY25.97 billion.

The bank's net interest margin declined to 2.52 percentage points compared to 2.59 percentage points.

Bank of Communications Co (OTC: <a class="ticker" href="/stock/bcmxy#OTC">BCMXY</a>) reported a 30% rise in its 2011 net profit.

BoCom's net profit for the period climbed to CNY50.74 billion ($8.1 billion), versus CNY39.04 billion, in the year-ago period. However, analysts were expecting a net profit of CNY48.01 billion. 

BoCom's net interest income surged 21% to CNY102.6 billion.

BoCom 2011 Net Profit Surges 30%

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Bank of Comms Co

Bank of Comms Co (BCMXY) Options

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