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Last $46.75 PHP
Change Today +0.75 / 1.63%
Volume 45.9K
CHIB On Other Exchanges
Symbol
Exchange
Philippines
OTC US
As of 1:38 AM 05/7/15 All times are local (Market data is delayed by at least 15 minutes).

china banking corp (CHIB) Snapshot

Open
$46.20
Previous Close
$46.00
Day High
$46.90
Day Low
$46.20
52 Week High
05/12/14 - $54.35
52 Week Low
05/5/15 - $45.50
Market Cap
80.2B
Average Volume 10 Days
73.4K
EPS TTM
$3.13
Shares Outstanding
1.7B
EX-Date
09/16/14
P/E TM
14.9x
Dividend
$0.93
Dividend Yield
1.98%
Current Stock Chart for CHINA BANKING CORP (CHIB)

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china banking corp (CHIB) Details

China Banking Corporation, a commercial bank, provides financial products and services to corporate, commercial, middle, and retail market customers primarily in the Philippines. It offers deposits and related services, including checking, savings, and time deposits; foreign currency deposits; manager’s/gifts; check/demand drafts; safety deposit boxes; SSS pension accounts; payroll servicing facilities; direct deposit facilities for the U.S. pensioners; night depository services; armored car deposit pick-up services; and domestic collections/out-of-town checks. The company also provides loans and credit facilities, such as corporate loans and commercial loans; loan syndication; factoring receivables; special lending programs, such as Bangko Sentral ng Pilipinas rediscounting, industrial guarantee loan fund, environmental development program, sustainable logistics development, industrial and large projects, and guarantee programs; and consumer loans, such as HomePlus real estate loans, contract to sell financing, and AutoPlus vehicle loans. In addition, it offers international banking products and services, including import and export financing, foreign and domestic commercial letters of credit, standby letters of credit, irrevocable reimbursement undertaking, collection of clean and documentary bills, bank guaranty (shipside bond), purchase and sale of foreign exchange, travel funds, servicing of foreign loans and investments, trade inquiry, trust receipt facility, and correspondent banking services. Further, the company provides investment banking, treasury and foreign exchange trading, trust and investment management, wealth management, cash management, Internet banking and mobile banking services, and inward remittances; and insurance products. As of December 31, 2014, it operated a network of 470 branches network and 661 ATMs. China Banking Corporation was founded in 1920 and is headquartered in Makati City, the Philippines.

7,245 Employees
Last Reported Date: 03/17/15
Founded in 1920

china banking corp (CHIB) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

china banking corp (CHIB) Key Developments

China Banking Corporation Opens New Branch in La Union, Philippines; Appoints Head for New Branch

China Banking Corporation has announced the opening of its new branch in La Union, Philippines. China Bank and its China Bank Savings continue to branch out in Metro Manila and Luzon, opening eight of the planned 50 new branches in 2015. The new CBS branches are San Juan, Better Living, Laguna-Sta. Cruz, Cavite City, SM Hypermarket FTI-Taguig, Savemore Tagaytay-Mendez, and Savemore Malabon-Francis Market. China Bank La Union-Agoo Branch is located along the National Highway, San Jose Norte, Agoo, La Union, and headed by Rommel M. Agacita. It is equipped with an ATM and a night depository box to provide customers with 24/7 banking convenience. CBS San Juan Branch, headed by Jeannette Mae E. Castillo, is at Madison Square, 264 N. Domingo St., Barangay Pasadena, San Juan; CBS Better Living Branch is at 90 Dona Soledad Avenue, Better Living Subd, Bicutan, Paranaque, headed by Dimples Dacio; CBS Laguna-Sta. Cruz Branch is at E & E Building, Pedro Guevarra Avenue, Sta. Cruz, Laguna, headed by Ma. Lesly G. Amparo; and CBS Cavite City Branch is at 485 P. Burgos St., Barangay 34, Caridad, Cavite City, headed by Alaine M. Catapang.

China Banking Corporation Plans to Establish Investment House Subsidiary China Bank Capital Corp

CHINA BANKING Corp. announced its plan to establish an investment house subsidiary. The Sy-led bank said its officials have approved the infusion of up to PHP 500 million in fresh capital for a unit that will serve as the lender's investment arm. This is to inform the Exchange that the Executive Committee, by authority granted by the Board of Directors of the Bank, approved the investment in an Investment House subsidiary, to be named as China Bank Capital Corp., up to the amount of PHP 500 million, subject to the requirements of relevant regulatory agencies.

China Banking Corporation Reports Consolidated Earnings Results for the Year 2014

China Banking Corporation reported consolidated earnings results for the year 2014. The company posted a full year consolidated net income of PHP 5.11 billion in 2014 on the back of sustained growth in core business operations. This translates to a return on equity of 9.90% and return on assets of 1.12%. Net interest income grew 42% to PHP 14.09 billion, largely due to earnings from loans and receivables. Despite the slight increase in interest expenses, net interest margin improved to 3.30% from 2.98%. Total non-interest income declined by 8% to PHP 4.76 billion, but it grew 30% to PHP 4.22 billion excluding trading gains. Total operating income reached PHP 18.85 billion, up 25%.

 

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Company Last Change
Banco BPI SA €1.45 EUR 0.00
BDO Unibank Inc $110.20 PHP -0.80
River City Bank $140.00 USD 0.00
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Industry Analysis

CHIB

Industry Average

Valuation CHIB Industry Range
Price/Earnings 14.9x
Price/Sales 3.8x
Price/Book 1.4x
Price/Cash Flow 15.4x
TEV/Sales NM Not Meaningful
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