3328 Stock Overview
Bank of Communications Co., Ltd. provides commercial banking products and services.
No risks detected for 3328 from our risk checks.
Bank of Communications Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$5.33|
|52 Week High||HK$5.74|
|52 Week Low||HK$4.35|
|1 Month Change||-0.37%|
|3 Month Change||-2.91%|
|1 Year Change||2.50%|
|3 Year Change||-11.90%|
|5 Year Change||-3.44%|
|Change since IPO||107.54%|
Recent News & Updates
Do Bank of Communications's (HKG:3328) Earnings Warrant Your Attention?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
I Ran A Stock Scan For Earnings Growth And Bank of Communications (HKG:3328) Passed With Ease
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
|3328||HK Banks||HK Market|
Return vs Industry: 3328 exceeded the Hong Kong Banks industry which returned 0.1% over the past year.
Return vs Market: 3328 exceeded the Hong Kong Market which returned -21.2% over the past year.
|3328 Average Weekly Movement||2.3%|
|Banks Industry Average Movement||3.0%|
|Market Average Movement||6.9%|
|10% most volatile stocks in HK Market||13.8%|
|10% least volatile stocks in HK Market||3.4%|
Stable Share Price: 3328 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 3328's weekly volatility (2%) has been stable over the past year.
About the Company
Bank of Communications Co., Ltd. provides commercial banking products and services. The company offers personal banking products and services, including demand, time, call, withdrawal, foreign currency, swap management, and education deposits, as well as certificate of deposits; credit and debit cards; housing and personal loans; and wealth management products, and wealth management advisory and consulting services. It also provides corporate banking products and services, such as corporate time and demand structured deposits; cash management services, such as accounts receivable/accounts payable management, account management, liquidity management, and investment and financing management; financing, settlement, and risk management services; financing services; syndicated loans; overdrafts; investment banking services; offshore banking services, including forex deposit and loan, inter-bank loan, international settlement, forex trading and guarantee, business advisory, and other services; and precious metal leasing and commodity trading services.
Bank of Communications Fundamentals Summary
|3328 fundamental statistics|
Is 3328 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|3328 income statement (TTM)|
|Cost of Revenue||CN¥0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||1.12|
|Net Profit Margin||40.14%|
How did 3328 perform over the long term?See historical performance and comparison
7.8%Current Dividend Yield
Does 3328 pay a reliable dividends?See 3328 dividend history and benchmarks
|Bank of Communications dividend dates|
|Ex Dividend Date||Jul 04 2022|
|Dividend Pay Date||Aug 02 2022|
|Days until Ex dividend||5 days|
|Days until Dividend pay date||34 days|
Does 3328 pay a reliable dividends?See 3328 dividend history and benchmarks
Is 3328 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 3328?
Other financial metrics that can be useful for relative valuation.
|What is 3328's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 3328's PE Ratio compare to its peers?
|3328 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
1658 Postal Savings Bank of China
2388 BOC Hong Kong (Holdings)
998 China CITIC Bank
11 Hang Seng Bank
3328 Bank of Communications
Price-To-Earnings vs Peers: 3328 is good value based on its Price-To-Earnings Ratio (4.1x) compared to the peer average (10.9x).
Price to Earnings Ratio vs Industry
How does 3328's PE Ratio compare vs other companies in the HK Banks Industry?
Price-To-Earnings vs Industry: 3328 is good value based on its Price-To-Earnings Ratio (4.1x) compared to the Hong Kong Banks industry average (5.6x)
Price to Earnings Ratio vs Fair Ratio
What is 3328's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||4.1x|
|Fair PE Ratio||5.7x|
Price-To-Earnings vs Fair Ratio: 3328 is good value based on its Price-To-Earnings Ratio (4.1x) compared to the estimated Fair Price-To-Earnings Ratio (5.7x).
Share Price vs Fair Value
What is the Fair Price of 3328 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 3328 (HK$5.33) is trading below our estimate of fair value (HK$23.85)
Significantly Below Fair Value: 3328 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: 3328 is good value based on its PEG Ratio (0.5x)
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How is Bank of Communications forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3328's forecast earnings growth (8.3% per year) is above the savings rate (1.5%).
Earnings vs Market: 3328's earnings (8.3% per year) are forecast to grow slower than the Hong Kong market (17.1% per year).
High Growth Earnings: 3328's earnings are forecast to grow, but not significantly.
Revenue vs Market: 3328's revenue (7.8% per year) is forecast to grow slower than the Hong Kong market (10.3% per year).
High Growth Revenue: 3328's revenue (7.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3328's Return on Equity is forecast to be low in 3 years time (10.9%).
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How has Bank of Communications performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3328 has high quality earnings.
Growing Profit Margin: 3328's current net profit margins (40.1%) are lower than last year (40.5%).
Past Earnings Growth Analysis
Earnings Trend: 3328's earnings have grown by 4% per year over the past 5 years.
Accelerating Growth: 3328's earnings growth over the past year (12.1%) exceeds its 5-year average (4% per year).
Earnings vs Industry: 3328 earnings growth over the past year (12.1%) exceeded the Banks industry 11.4%.
Return on Equity
High ROE: 3328's Return on Equity (9%) is considered low.
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How is Bank of Communications's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score6/6
Financial Health Score 6/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: 3328's Assets to Equity ratio (12.4x) is moderate.
Allowance for Bad Loans: 3328 has a sufficient allowance for bad loans (152%).
Low Risk Liabilities: 75% of 3328's liabilities are made up of primarily low risk sources of funding.
Loan Level: 3328 has an appropriate level of Loans to Assets ratio (55%).
Low Risk Deposits: 3328's Loans to Deposits ratio (80%) is appropriate.
Level of Bad Loans: 3328 has an appropriate level of bad loans (1.5%).
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What is Bank of Communications's current dividend yield, its reliability and sustainability?
Dividend Score 6/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 3328's dividend (7.81%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.7%).
High Dividend: 3328's dividend (7.81%) is in the top 25% of dividend payers in the Hong Kong market (7.78%)
Stability and Growth of Payments
Stable Dividend: 3328's dividends per share have been stable in the past 10 years.
Growing Dividend: 3328's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.8%), 3328's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3328's dividends in 3 years are forecast to be well covered by earnings (31.9% payout ratio).
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jun Liu (49 yo)
Mr. Jun Liu serves as President at Bank of Communications Co., Ltd. since July 7, 2020 and serves as its Vice Chairman since August 5, 2020. He serves as an Executive Director of Bank of Communications Co....
CEO Compensation Analysis
Compensation vs Market: Jun's total compensation ($USD123.36K) is below average for companies of similar size in the Hong Kong market ($USD1.06M).
Compensation vs Earnings: Jun's compensation has increased by more than 20% in the past year.
Experienced Management: 3328's management team is considered experienced (2.3 years average tenure).
Experienced Board: 3328's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bank of Communications Co., Ltd.'s employee growth, exchange listings and data sources
- Name: Bank of Communications Co., Ltd.
- Ticker: 3328
- Exchange: SEHK
- Founded: 1908
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: HK$412.759b
- Shares outstanding: 74.26b
- Website: https://www.bankcomm.com
Number of Employees
- Bank of Communications Co., Ltd.
- 188 Yin Cheng Zhong Lu
- China (Shanghai) Pilot Free Trade Zone
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/28 00:00|
|End of Day Share Price||2022/06/28 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.