Company
Agricultural Bank of China
Official Name: Agricultural Bank of China Ltd
Headquarters: Beijing, China
Employees: 459,000
Market Cap
CN¥1.730 Trillion
CNY as of Jan. 1, 2025
US$237.02 Billion
Agricultural Bank of China Categories
China Financials Banks—DiversifiedChina Financials China Banks—Diversified
Company Description
Agricultural Bank of China Limited offers a range of banking products and services through its Corporate Banking, Personal Banking, and Treasury Operations segments. Services include various deposit products, loans, credit card services, payment and settlement services, trading and wealth management, and insurance products. The company also provides a variety of digital banking services and operates numerous branches both domestically and internationally.
Top Competitors by Market Capitalization
Industry: Banks—Diversified
| Company | Market Cap (USD) |
|---|---|
| JPMorgan | $744.02 B |
| Bank of America | $353.07 B |
| ICBC | $303.22 B |
| Wells Fargo | $254.66 B |
| China Construction Bank | $202.32 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $991.39 B |
| JPMorgan | $744.02 B |
| Visa | $635.57 B |
| Mastercard | $490.32 B |
| Bank of America | $353.07 B |
Detailed Description
Agricultural Bank of China Limited provides corporate and retail banking products and services. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. Its deposit products include demand, call, foreign currency time, foreign currency call, time or demand optional, foreign exchange demand, foreign exchange call, savings, foreign exchange time, agreed-term, and negotiated deposits; and loans comprise housing, consumer, business, fixed asset, working capital, real estate, and entrusted syndicated loans, as well as trade finances, guarantees and commitments, and loans with custody of export rebates accounts. The company also provides credit card, debit card, payment and settlement, private banking, cash management, investment banking, custody, financial market, and financial institution services, as well as trading and wealth management services; and personal fund collection and automatic transfer services. In addition, it offers agro-related personal and corporate banking products and services; personal and online, telephone, mobile, self-service, television, and SMS banking services; financial leasing services; fund management services; assets custodian services; debt-to-equity swap and related services; and life, health, and accident insurance, as well as reinsurance products. As of December 31, 2020, the company had 22,938 branches in China; 13 overseas branches in Hong Kong, Singapore, Seoul, New York, Dubai International Financial Centre, Tokyo, Frankfurt, Sydney, Luxemburg, Dubai, London, Macao, and Hanoi; and four overseas representative offices in Vancouver, Taipei, and Sao Paulo. Agricultural Bank of China Limited was founded in 1951 and is based in Beijing, the People's Republic of China.
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Financials
| Last Financial Reports Date | Sept. 30, 2024 |
| Revenue TTM | CN¥565.30 B |
| EBITDA | CN¥0 |
| Gross Profit TTM | CN¥565.30 B |
| Profit Margin | 48.89% |
| Operating Margin | 58.46% |
| Quarterly Revenue Growth | 2.00% |
Stocks & Indices
Agricultural Bank of China Ltd has the following listings and related stock indices.
Stock: SSE: 601288 wb_incandescent
Stock: FSX: EK7A wb_incandescent
Stock: HKEX: 1288 wb_incandescent
Stock: FSX: EK7 wb_incandescent
Product & Services
Corporate Banking, Personal Banking, Treasury Operations, Credit Card Services, Wealth Management, Payment and Settlement Services, Digital Banking, Insurance Products, Financial Leasing Services, Asset Custodian Services